MEXC has not fulfilled the commitment to publicly prove its reserves made last November

According to ChainCatcher news, as reported by Wu, the community is concerned about MEXC Matcha Exchange, which stated in November 2022 that it was preparing Merkle tree reserve proofs and would publicly release relevant data soon. However, as of February 2023, it has still not disclosed its reserve proofs. Currently, MEXC is also one of the few mainstream exchanges that have not made their reserve proofs public and has not explained the reasons for this. (Source link)