According to CoinMeta, an online investigator named Zachxbt has raised doubts about the regulatory measures taken by the US Financial Crimes Enforcement Network (Fincen) against MEXC, as well as the rapid restrictions imposed by several US-based offshore crypto exchanges with limited operations on financial transactions with MEXC. He stated that MEXC indeed had relatively lax anti-money laundering (AML) and identity verification policies in the past, but believes that the estimated $16 billion in illegal transactions mentioned by Fincen may be overestimated. He hopes that regulatory authorities will disclose specific data and the basis for comparison with other large exchanges. Zachxbt pointed out that other large exchanges may also have illegal fund activities amounting to hundreds of millions to billions of dollars and questioned whether the regulation of platforms such as MEXC and HTX constitutes excessive intervention.