MEXC Reports Interception of $38 Million in Risky Funds During July–August

MEXC released its security report for July and August 2026, announcing the successful interception of 215 reports involving approximately 38.66 million USDT in illicit funds. The exchange's futures insurance fund reached 792 million USDT, with reserve ratios for BTC, ETH, USDT, and USDC maintained above 100%. The report highlights a rise in AI-driven phishing and malware attacks across the industry, noting that MEXC assisted in 42 judicial freezes during this period.