Victoria, Seychelles, 7 July 2025 — MEXC, a leading global cryptocurrency exchange, has released its official May–June 2025 Bimonthly Report, outlining new security initiatives, internal risk monitoring data, and major transparency updates. The report reaffirms MEXC’s commitment to safeguarding user assets and maintaining institutional-grade operational standards.

Among the key disclosures:

• Proof of Reserves Update — The report confirms current key wallet holdings, providing publicly verifiable data to reinforce asset safety and user trust.

• $100M Guardian Fund — A new insurance mechanism designed to cover user losses in unforeseen incidents, such as protocol-level hacks and critical exploits, is now live.

• Futures Insurance Fund Growth — The fund aimed at mitigating forced liquidation losses has expanded its financial coverage, reflecting MEXC’s active protection of derivatives traders.

• Asset Recovery Protocols — New updates are introduced for refund processing related to user errors, including wrong network deposits.

• Illicit Transaction Response — Between May and June, MEXC successfully intercepted over 2.2 million USDT in stolen or hacked funds across 41 user cases.

MEXC is ensuring full redemption of user assets randomly at any time, supported by the fact that the latest data indicates it being over-collateralized. Hence, for every unit of cryptocurrency users hold with the platform, MEXC holds more than one unit of cryptocurrency in its reserves so that assets can be withdrawn whenever needed. PoR MEXC, as reported on June 26, 2025, indicates that the platform holds sufficient assets to cover all user deposits. Key wallet holdings as of June 26: 4,08 million BTC, 69,234 ETH, 2.32 billion USDT, 72.3 million USDC.

On the other hand, $100 million Guardian Fund, a first-of-its-kind security reserve to protect users from threats including but not limited to large-scale hacks, directed attacks, and serious technical vulnerabilities, is being launched and is the first big initiative prioritizing security in trading at MEXC. This includes, but is not limited to, covering two major issues: compensation once MEXC's systems are compromised and protection from losses due to critical technical problems. 

To promote industry transparency, MEXC is publicly disclosing all Guardian Fund wallet addresses. This allows anyone to verify the fund’s balance and transactions on the blockchain, ensuring openness and building user trust.

Furthermore, the exchange continues its active fight against fraud. This is achieved by ongoing risk control monitoring. In its recent Bimonthly Report, MEXC disclosed that 46,311 suspicious user accounts linked to fraudulent activities were identified and restricted, involving 6,184 fraud syndicates. The largest sources of these activities were traced to CIS, India, and Indonesia. These measures keep enhancing security and building community trust.

According to the Report, MEXC’s Futures Insurance Fund has paid out an amount over $559 million has been paid by the Futures Insurance Fund to compensate traders through June 30, 2025: a significant contribution to maintaining market stability and ensuring unprecedented user protection. The program is aimed at creating a safer environment for trading and supporting the traders via loss coverage that occurs during forced liquidations and their mitigation of financial risks. 

Further, MEXC gives accounts of recovering users' assets through its customer support department in 2,428 deposit errors, recovering 1.1 million USDT for the users.

As some of these errors may be accidental on the user's side, asset recovery support plays that extra mile in terms of peace of mind. The users can request refunds for funds sent to the wrong address, involving unsupported tokens or containing incorrect memo/tag information.

In addition to platform security, MEXC is also ever-vigilant against hacks and illicit transactions; this reportedly is evident from the data published in the Report. 709 assistance requests were processed by the platform during May-June 2025. MEXC acts efficiently on two types of cases: user asset theft; cases where users request for urgent freezing of accounts; and law enforcement initiated cases wherein users or law enforcement agencies have taken official steps. During this period, MEXC handled 124 official freeze requests with official law enforcement documentation. In total, 41 cases were successfully intercepted — covering both user asset theft incidents and enforcement-driven asset freezes. During this period, MEXC handled 124 official freeze requests with official law enforcement documentation

Additionally, the exchange is taking action to address reports of stolen or hacked funds being deposited onto their platform and is constantly monitoring suspicious activity and freezing affected accounts. 

These continuing efforts show MEXC’s bigger commitment to maintain security, cooperate with regulators, and maintain industry-level transparency. Over-collateralized reserves, responsive asset protection systems, and a strong legal infrastructure are the methods that MEXC employs to provide a trusted environment for global crypto traders.

It is led by its goal of elevating industry standards to support the long-term development of digital assets worldwide and offer secure, resilient, and user-first trading experiences.

About MEXC

Founded in 2018, MEXC is committed to being "Your Easiest Way to Crypto". Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

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For media inquiries, please contact MEXC PR team: media@mexc.com