MEXC Blocks $4.97M in Fraud and Recovers $902K in User Funds, New Report Reveals

MEXC Reports Record $559M Insurance Fund and $4.97M in Fraud Intercepted in Latest Security Report – TechNewsTab

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MEXC Reports Record $559M Insurance Fund and $4.97M in Fraud Intercepted in Latest Security Report - The Blockopedia

Victoria, Seychelles, September 5, 2025 — MEXC, one of the world’s leading cryptocurrency exchanges, has released its Bi-Monthly Security Report… The post MEXC Reports Record $559M Insurance Fund and $4.97M in Fraud Intercepted in Latest Security Report appeared first on The Blockopedia.

MEXC Reports Record $559M Insurance Fund and $4.97M in Fraud Intercepted in Latest Security Report

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MEXC Blocks $4.97M in Fraud and Recovers $902K in User Funds, New Report Reveals

Global crypto exchange MEXC said its insurance fund hit an all-time high of $559 million USDT in July, as the firm detailed new measures to curb fraud and

MEXC Joins Exchanges Highlighting Security as Insurance Fund Hits $559 Million

Just weeks after Binance expanded its $1B SAFU fund and OKX published another proof-of-reserves attestation, rival exchange MEXC has released its own figures — and they reveal both record protections and a new front in crypto fraud. According to MEXC’s July–August 2025 security report, the platform’s insurance fund climbed to $559 million USDT, its highest level to date. The fund, which cushions traders against extreme volatility and negative ba…