No, you don't have to file a report in every country. Fraud reports are processed by the offender's country. Our report has already been accepted by the Vietnam police in the offender's city. If you file a report in your country, nothing will happen. If you file a report in the perpetrator's city, it will. That's why there are so many crypto scammers. Because users can't reach them or choose the wrong route.
We have reported MecaCex for intentional fraud through various methods, including market manipulation and embezzlement of customer funds/coins. All with evidence. He has defrauded countless users. He has stolen liquidity from crypto projects and sold the coins on other markets. And so on.
But here is some evidence so that these are not just accusations:
1. Here are pictures from users in our community who haven't received their money yet (they waiting over months). There are many such screenshots and evidence, but I think three are enough:
https://imgur.com/a/llyyaFv
I alone know of several thousand USDT that have simply been stolen from users. They haven't been paid out for months. And when users inquire about it, they don't receive an email response. If they go to Mecacex's Discord to ask, they and them account will be banned. Like people in this Threads sayd.
2. This is MecaCex's market wallet for the CYTX coin:
MecaCex has sold all user CYTX coins to another market (Exbitron), including the developer liquidity provided. At the same time, MecaCex still has the users' sell orders in the system, which currently amount to 2 million coins. But the coins are no longer available; MecaCex has already sold them. MecaCex currently only has 500 coins.
Check them Wallet:
https://explorer.cryptix-network.org/addresses/cryptix:qpg92039s8y7pggk5dl7egaq28rwjawwzfykqqgk063w854gtpjeq6ndhs3fg?page=1
And Check them Market Orders:
https://mecacex.com/market/CYTXUSDT
MecaCex selling the Coins sometimes everyday and sometimes every week to other Markets. All small Coins they get, not only CYTX:
Here are Examples. They do it until "Tue Mar 19 2024".
- Sun Apr 27 2025
06:23:23
116.105.33.XX Mozilla/5.0 (Windows NT 10.0; Win64; x64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/135.0.0.0 Safari/537.36 "Windows" - Tue Apr 22 2025
15:39:30
171.251.4.XX Mozilla/5.0 (Windows NT 10.0; Win64; x64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/135.0.0.0 Safari/537.36 "Windows" - Fri Apr 18 2025
02:17:32
116.98.62.XX Mozilla/5.0 (Windows NT 10.0; Win64; x64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/135.0.0.0 Safari/537.36 "Windows" - Tue Apr 08 2025
23:39:30
116.105.170.XX Mozilla/5.0 (Windows NT 10.0; Win64; x64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/135.0.0.0 Safari/537.36 "Windows"
You could ask Exbitron, and the admins will confirm it. They also banned MecaCex's account for fraud.
MecaCex also claims to be Korean and regulated. But that's not true; they're from Vietnam. Or rather, it's just one person. Not multiple people. It's a scammer from Vietnam. And there's no regulation or registration. It's an illegal scam market that has had many scam markets before. The scammer has been doing this for many, many years.
He also uses every possible means of fraud. He defrauds users by stealing USDT and other coins, and he defrauds crypto developers by stealing liquidity. He manipulates the market with supposedly low offers to attract new users, who come through the low price of the coins. But they don't receive them because the market doesn't have any coins.
He's played through the fraud scheme and is a textbook version of planned cryptocrime. Guys, warning as many users as possible so he doesn't have any more victims.