DefCrypt — MEXC $1,000,000 case

01

We reviewed the transaction chain and identified where risk indicators may have entered through counterparties and several intermediary wallets, without a direct link to the client.

02

We prepared an explanation of the source of funds, the available business records, and a forensic report using terminology suitable for compliance review.

03

Instead of opening further tier-one tickets, we sent the package through the specialist compliance channel responsible for reviewing such materials.

04

The outcome then depended on the exchange and the quality of the package. The period from our engagement to the lifting of the restrictions was about 5 days.