MEXC Reports 200% Surge in Coordinated Fraud Attempts in Q1 2025

Cryptocurrency exchange MEXC reported a significant 200% increase in coordinated fraudulent trading activity in the first quarter of 2025. Most fraudulent activity is concentrated in Asia, with India accounting for nearly 27,000 or 33% of flagged accounts. Fraudulent Activity Concentrated in Asia Cryptocurrency exchange MEXC reported a sharp, 200% increase in coordinated fraudulent trading activity […]