According to BlockBeats news, on August 14, the MyStonks platform announced that it recently received a law enforcement request from US regulatory agencies concerning a single user, involving multiple special investigations including anti-money laundering, fraud syndicates, drug trafficking, sanctions evasion, and suspicious activity reports (SAR). This investigation is only targeting a single user and does not affect the deposit and withdrawal operations of other platform users; the platform's business operations are normal. As a fully compliant and regulated digital asset platform, MyStonks has obtained a money services business license (MSB) from the US FinCEN and completed SEC registration for security token offerings (STO). The platform's compliance department has contacted the involved user through secure channels and guided them in submitting the relevant compliance information. All user information is kept strictly confidential and is used and shared only within the scope permitted by law.
MyStonks emphasizes that the safety of user assets and the stable operation of the business are the top priorities. The platform will continuously optimize compliance measures to safeguard the legitimate rights and interests of all users and the security of funds. As a compliant platform, MyStonks will actively cooperate with any actions required by sovereign countries for regulatory oversight.