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

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

Victoria, Seychelles – July 31, 2025 — MEXC, a leading global cryptocurrency exchange, has released its Q2 2025 Risk Control Summary, reporting a 12% quarter-over-quarter decrease in syndicate-related fraud attempts. The improvement follows a major wave of coordinated fraud attacks in Q1 and reflects the early success of the company’s strengthened risk control infrastructure and targeted regional interventions.

MEXC Cuts Fraud by 12%, Ramping up AI and Regional Defences

After several coordinated fraud attacks on social media earlier this year, cryptocurrency exchange MEXC reported that it managed to reduce syndicate-related fraud attempts by 12% in the second quarter of 2025. MEXC Uses AI and Regional Teams to Block Over 70,000 Crypto Scams in Q2 2025 In its latest risk control report, MEXC revealed blocking more than 70,000 fraudulent activities tied to 8,501 organized criminal groups over the three months. Th…

MEXC Blocks 70,000 Fraud Attempts in Q2, Reports 12% drop in Syndicate Attacks

Cryptocurrency exchange MEXC has released a new report showing a 12% quarter-over-quarter decline in fraud attempts stemming from organized fraud syndicates — a notable decrease following a sharp spike reported by the exchange in Q1 2025. According to the platform’s latest Q2 Risk Control Summary, 7...