MEXC, a global multi-asset trading platform, reported intercepting approximately 38.66 million USDT in risk-related funds during July and August 2026, according to its latest security report released September 16. The exchange successfully blocked all 215 cases involving stolen or fraud-related assets flowing onto its platform, while its Futures Insurance Fund reached 791.7 million USDT, a 5.44% increase from the previous period.
- Risk Cases Intercepted: 215 cases covering 38,655,490 USDT (2,971% increase period-over-period)
- Accounts Restricted: 20,752 accounts associated with risk activities (118.03% increase)
- Misdirected Assets Returned: 602,225 USDT across 818 applications (75.31% increase)
- Reserve Ratios: BTC at 288%, ETH at 113%, USDT at 115%, USDC at 114%
The exchange identified 20,752 accounts linked to suspicious activities, with risk groups concentrated in the Commonwealth of Independent States (1,803), Nigeria (1,099), and Indonesia (976). MEXC processed 818 asset recovery applications, returning over 602,000 USDT to affected users. The platform collaborated with law enforcement and industry participants to track and freeze suspicious funds, with 42 cases involving judicial freezes.
The report comes amid a volatile period for crypto security, with 184 industry-wide incidents recorded in July and August resulting in approximately $535 million in losses. Phishing, fraud, and supply-chain attacks accounted for nearly 48% of incidents, with attackers increasingly leveraging artificial intelligence to generate phishing content and malware. MEXC maintains reserve ratios exceeding 100% for major assets, with Bitcoin holdings at 288% and plans to expand its Guardian Fund from $100 million to $500 million.
Trust is the true reserve currency of this industry. Protecting user assets means moving decisively the moment risk emerges, while giving users something they can verify for themselves, not just our word for it.
MEXC, founded in 2018, operates as a 0-fee trading platform serving over 170 markets across crypto, stocks, derivatives, and tokenized assets.
