MyStonks issued an announcement on cooperating with regulatory investigations and ensuring the safety of normal user funds
According to Odaily Planet Daily, the MyStonks platform announced that it recently received an enforcement request from US regulators regarding a single user. The request involves multiple investigations, including anti-money laundering, fraud rings, drug trafficking, sanctions evasion, and suspicious transaction reports (SARs). This investigation is limited to a single user and does not affect deposits and withdrawals for other users on the platform. Platform operations are operating normally. As a fully compliant and regulated digital asset platform, MyStonks has obtained a Money Services Business (MSB) license from FinCEN and completed SEC filing for a Security Token Offering (STO). The platform's compliance department has contacted the user involved through secure channels and provided guidance on submitting the relevant compliance information. All user information is strictly confidential and will only be used and shared within legally permitted boundaries. MyStonks emphasizes that the security of user assets and the stable operation of its business are its top priorities. The platform will continue to optimize its compliance measures to protect the legitimate rights and interests of all users and the safety of their funds. As a compliant platform, MyStonks will actively cooperate with any regulatory actions requested by sovereign states.
