MEXC, a prominent global cryptocurrency exchange, has launched a comprehensive set of risk control and compliance measures aimed at safeguarding user assets and reinforcing the integrity of its trading platform. These steps reflect the company’s firm commitment to combating fraud, preventing unfair market practices, and maintaining regulatory alignment across its global operations.
Combatting Fraud with Advanced Monitoring
Between July and August 2025, MEXC flagged and restricted 17,464 suspicious user accounts linked to 3,070 distinct fraud syndicates—marking a 62% reduction in activity compared to previous periods. Notably, the majority of these fraudulent operations originated from the CIS region and India. MEXC attributes this success to the deployment of advanced AI-based models that detect and intercept suspicious activity in real time, enabling proactive risk mitigation.
Strengthened Compliance and Verification Protocols
In recent internal reviews, MEXC identified user accounts with elevated risk factors tied to deposited funds. In response, the exchange imposed temporary withdrawal restrictions and mandated advanced KYC (Know Your Customer) verification. While most affected users have since complied and regained full access, a minority remain under further scrutiny.
MEXC emphasized its adherence to relevant compliance mandates, noting that all suspicious transactions and accounts were duly reported during this period.
Addressing Bot Trading for Market Fairness
MEXC also acknowledged a recent uptick in bot-driven trading in futures markets—an activity that places retail investors at a disadvantage. In response, the platform enhanced restrictions on automated trading; between July and August, it identified 2,008 bot accounts, representing a 24% increase from earlier months. These actions form part of MEXC’s broader efforts to protect fairness in its trading environment.
Reinforcing Trust: The “Proof of Trust” Campaign
Reflecting its broader mission for transparency and community engagement, MEXC introduced “Proof of Trust”, a global initiative targeting enhanced user protection, operational clarity, and increased platform trust. The campaign complements the strengthened risk control measures and underscores MEXC’s long-term vision of delivering a transparent and secure trading environment.
Why It Matters
These developments come at a critical juncture. As the industry grapples with regulatory scrutiny, rapid technological evolution, and growing user expectations, MEXC’s combined strategy of AI-enabled fraud detection, reinforced compliance controls, and transparent communication positions it as a forward-looking exchange.
- Users gain confidence from proactive protection and faster resolution of account issues.
- Regulators and market partners take note of the operational maturity and adherence to compliance norms.
- Retail traders benefit from fairer market conditions and clearer account governance.
Final Takeaways
- MEXC shut down nearly 17,500 suspicious accounts in two months, slashing fraud activity by 62%.
- It strengthened KYC and withdrawal protocols to reduce compliance risk.
- The exchange cracked down on bot trading activity impacting futures markets.
- The “Proof of Trust” campaign aims to solidify transparency and rebuild trust across its user base.
