MyStonks has issued an announcement regarding cooperation with a regulatory investigation and ensuring the security of funds for regular users.

August 14th, The MyStonks platform announced that it has recently received a law enforcement request from a U.S. regulatory agency in relation to a single user, which involves multiple special investigations such as anti-money laundering, fraud syndicates, drug trafficking, sanctions evasion, and suspicious activity reports (SAR). This investigation is specifically targeted at a single user and does not impact the platform's other users' deposit and withdrawal operations. The platform's business operation remains normal. As a fully compliant and regulated digital asset platform, MyStonks has obtained the U.S. FinCEN Money Service Business License (MSB) and has completed the SEC Security Token Offering (STO) filing. The platform's compliance department has reached out to the involved user through secure channels and guided them to complete the relevant compliance information submission. All user information is strictly confidential and is only used and shared within the legal limits. MyStonks emphasized that safeguarding user asset security and maintaining stable business operations is of the utmost importance. The platform will continue to enhance compliance measures to protect the legitimate rights and fund security of all users. As a compliant platform, MyStonks will actively cooperate with any regulatory actions requested by sovereign nations.