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MyStonks founder Bruce J: The suspension of user withdrawals is to cooperate with law enforcement investigations and calls for people not to over-interpret
2025-08-14 05:49:31

According to Odaily Planet Daily, MyStonks founder Bruce J issued a statement addressing recent platform controversies, stating that last week, the compliance team received a law enforcement request to provide information about a single client and suspend withdrawals for that client. This action was not the platform's own initiative, and the client's brokerage account was also restricted. He emphasized that assisting regulatory investigations is the exchange's legal responsibility, and that targeted investigations do not indicate a problem with the source of client funds. He urged the public not to over-interpret or spread false rumors. Bruce J stated that MyStonks has completed compliance filings in the US, has over 20,000 registered users, and is valued at over $50 million. The platform will continue to adhere to a compliant approach and focus on developing its RWA business and providing customer service.