MEXC Reports 12% Drop in Fraud Cases, Blocks Over 70,000 Attempts in Q2 2025

Global crypto exchange MEXC has released its Q2 2025 Risk Control Summary, reporting a 12% decline in syndicate-linked fraud attempts and over 70,000 blocked incidents, signaling significant progress in its ongoing campaign to reinforce platform security and user protection.

Following a record surge in Q1 fraud activity, MEXC credits its Q2 performance to targeted regional interventions, AI-powered monitoring, and educational initiatives, especially across high-risk areas such as South Asia and Southeast Asia.

Key highlights include:

• 70,621 fraud attempts blocked, traced to 8,501 distinct syndicates
• 41% drop in fraud cases across South Asia (notably India and Pakistan)
• Slower growth in Southeast Asia fraud attempts (+11% QoQ, compared to 1,300%+ in Q1)
• India alone saw a 46% decrease, while Indonesia still led the region with a rise of 18%
• The CIS region showed an 83% rise — still elevated, but an improvement from Q1’s 200%+ spike

At the core of MEXC’s defenses is an AI-driven risk control system that monitors real-time on- and off-chain activity, flags behavioral anomalies, and proactively restricts suspicious accounts. This includes detecting manipulative behaviors such as wash trading, spoofing, and pump-and-dump schemes. The AI’s seamless collaboration with human analysts ensures both speed and accuracy in response.

However, MEXC noted challenges with user misunderstanding and misinformation, especially from fraud groups attempting retaliation through online campaigns. To counter this, the exchange will roll out a security education campaign in August, featuring real-world case studies, compliance guidance, and transparent breakdowns of risk controls.

“As fraud networks evolve, so must our response,” said Tracy Jin, COO of MEXC. “But education remains key. Risk control isn’t about punishment — it’s about protection.”

With 40 million users in over 170 countries, MEXC continues its mission to offer a safe, transparent, and user-first crypto trading environment.

Editorial Note: This news article has been written with assistance from AI. Edited & fact-checked by the Editorial Team.

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