Unauthorized Crypto Custody: BaFin Cautions Consumers About MEXC

Germany's Federal Financial Supervisory Authority (BaFin) has warned consumers about the crypto exchange MEXC, saying it is offering crypto-related financial services "without the authorization." "BaFin investigates the company MEXC," the title of the warning published on the German regulator's website on Thursday said. It added: "The Federal Financial Supervisory Authority (BaFin) warns consumers about the company MEXC and the services it is offering."...