MEXC Exchange Reports 200% Surge in Fraudulent Activity in Q1, India and Indonesia Lead

MEXC Exchange Reports 200 Percent Surge in Fraudulent Activity in Q1.jpg

MEXC, a prominent cryptocurrency exchange, has reported a staggering 200% surge in fraudulent activity during the first quarter of 2025. This alarming increase saw over 80,000 fraud attempts, primarily driven by sophisticated syndicates. India and Indonesia have emerged as the leading hotspots for these illicit activities, highlighting a critical need for enhanced user education and robust security measures in the crypto space.

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