# Specter Says MEXC Falls Outside Top Four in Illicit-Funds Tally

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/53913
Published: 2026-11-11T12:01:24.000Z
Updated: 2026-11-11T12:01:24.000Z
Section: Business

> He said institutions that knowingly and continuously handle illicit funds have not been held accountable while MEXC is being targeted.

On Tuesday, Nov. 10, on-chain analyst Specter said his tally of centralized exchanges handling illicit funds placed MEXC outside the top four, as he criticized what he described as selective accountability.

Replying to ZachXBT and @usithetalk, Specter said MEXC was being targeted while institutions that knowingly and continuously handle illicit funds had not been held accountable.