MEXC Details Transparency Report With $559M Withdrawals and $2.2M in Prevented Crypto Theft

MEXC is enhancing user protection with new security measures. A key update is the launch of a $100 million Guardian Fund to cover losses from major incidents like hacks or exploits.

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Nausheen Thusoo
Nausheen Thusoo
Nausheen has three years of devoted experience covering business and finance. She is aware of the constantly changing financial landscape, especially in the rapidly growing cryptocurrency space. Her ability to simplify difficult financial ideas into understandable stories and her analytical thinking make her articles valuable for both novice and experienced readers.She has written about a wide range of subjects, including investing methods, market trends, and regulatory changes pertaining to the cryptocurrency industry. She has worked with Reuter, Coingape and Bankless times. Nausheen blends a talent for narrative with meticulous research skills. She is also skilled at establishing connections with business leaders so they can offer unique perspectives and interviews that enhance their reporting

Crypto exchange MEXC has published its official May–June 2025 Bimonthly Report highlighting the key measures to keep client money safe.

The report includes significant transparency upgrades, internal risk monitoring data, and new security efforts. With the report, MEXC has tried to focus on protecting user assets and upholding institutional-grade operational standards is reiterated in the study.

MEXC Futures Fund Pays Out $559M, Boosting Trader Security and Market Stability

According to the Report, as of June 30, 2025, MEXC’s Futures Insurance Fund has paid out more than $559 million to traders, making a significant contribution to maintaining market stability and providing users with never-before-seen security.

Through financial risk mitigation and loss coverage for potential forced liquidations, the project seeks to support traders and provide a safer trading environment.

Also Read: MEXC Launches “Proof of Trust” Initiative to Enhance User Security and Transparency

MEXC Ramps Up User Protection With New Security and Trust Measures

MEXC is stepping up its efforts to protect users with several major updates aimed at boosting security and trust.

The exchange has just recently launched a $100 million Guardian Fund to help cover user losses in rare but serious incidents like protocol hacks or major exploits.

For futures traders, MEXC has expanded its Insurance Fund to offer better protection against forced liquidation losses.

Additionally, the platform has also improved its refund process to help users recover funds accidentally sent to the wrong network.

The report highlights that between May and June 2025, MEXC managed to block over 2.2 million USDT in stolen or hacked funds across 41 cases, highlighting their active approach to stopping fraud and keeping user assets safe.

Also Read: MEXC Reports 200% QoQ Surge In Fraudulent Trading, 80K Organized Attempts In Q1

MEXC Recovers 1.1M USDT for Users in Over 2,400 Mistaken Deposit Cases

MEXC has reported strong progress in helping users recover lost funds. The platform has resolved 2,428 mistaken deposit cases and has successfully returned 1.1 million USDT to affected users.

These errors—such as sending crypto to the wrong address, using unsupported tokens, or entering incorrect memo or tag information—are often accidental.

The exchange has also emphasized that asset recovery is a crucial part of building trust with clients. This especially includes new users navigating the complexities of crypto transfers.

This ongoing support effort highlights MEXC’s commitment to improving user experience and minimizing the risks associated with common transaction mistakes.

According to the statistics in the Report, MEXC has also combated illegal transactions and hacks continuously.

In May and June of 2025, 709 help requests were handled by the platform. The two primary case categories that MEXC effectively handles are law enforcement-initiated cases, in which users or law enforcement agencies have started formal proceedings, and user asset theft instances, in which users request abrupt account freezes.

Also Read: Crypto Exchange MEXC Takes Action Against Market Manipulation, Suspends 1,500 Accounts in Vietnam and CIS

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