MEXC CEO stated that the residual API key caused funds to be transferred out and has fully compensated

The CEO of the cryptocurrency trading platform MEXC, Vugar Usi, issued a statement regarding a recent user account security incident. Usi stated that the platform's customer service previously identified abnormalities in the account and implemented a freeze, subsequently assisting the user in recovering their original email and two-factor authenticator to mitigate risks.

Due to the residual API keys in the account not being completely cleared, the attacker transferred funds before the situation was fully controlled. The platform is still investigating the detailed causes. Usi stated that the platform does not believe the affected users should bear the losses alone, and the team has formed a special task force to handle the incident, providing full compensation to the user.