Exchanges· ★★★· neutral·

MEXC blocked 215 suspicious transactions worth $38.7M in July–August

  • Blocked 215 reports of risky funds worth $38.66M, up 2,971% in cases and 12,646% in value
  • Assisted law enforcement in freezing funds in 42 cases
  • Restricted 20,752 accounts linked to risky activity, up 118%
  • Returned about $600,000 across 818 mistaken-deposit requests, up 75.31%
Why it matters: The exchange is expanding compliance and asset protection as crypto incidents mount: 184 industry incidents worth $535 million were recorded in the period.
Source: TokenPost