MEXC Security Report: 1,000 BTC Deployed to Reserves, 27K Fraud Accounts Blocked in Two Months

MEXC Security Report: 1,000 BTC Deployed to Reserves, 27K Fraud Accounts Blocked in Two Months

N
News Editor 01
2026-07-22 23:55:14
MEXC released its March-April security report, deploying 1,000 BTC to strategic reserves, blocking 26,897 fraud accounts, identifying 6,903 malicious syndicates, freezing $17M USDT, and unveiling the Guardian Fund dual-asset structure with a $500M target.
MEXCsecurity reportBitcoin reservesGuardian Fundproof of reserves

MEXC published its bimonthly security report for March–April on May 26, highlighting a 1,000 BTC deployment to its treasury reserves to strengthen user protection. Within 60 days, the platform's security infrastructure intercepted 26,897 accounts linked to coordinated fraud — an 18.9% increase from the prior cycle. Threat intelligence engines mapped 6,903 malicious syndicates (up 33.6%), with the heaviest concentrations in the CIS region (3,567 clusters) and Indonesia (1,524 clusters). All identified entities were immediately banned to secure liquidity and user capital.

Law Enforcement Collaboration and Asset Recovery

Between March and April, MEXC handled 254 intelligence requests and 50 law enforcement freeze mandates. This collaborative effort led to freezing 17,084,031 USDT across 47 threat cases, with 23 cases involving direct law enforcement action. All actions followed multi-jurisdictional laws to ensure compliance. During the same period, MEXC resolved 819 deposit errors, recovering 863,127 USDT after thorough manual and on-chain checks.

Guardian Fund Adopts Dual-Asset Architecture

The additional 1,000 BTC has been integrated into institutional reserves. The Guardian Fund now operates a formalized USDT-BTC dual-asset structure: USDT ensures immediate operational liquidity, while BTC serves as a macroeconomic anchor to preserve capital across market cycles. MEXC also initiated a mandate to scale the fund's total capitalization from $100 million to $500 million over two years. All institutional wallet addresses are publicly disclosed, enabling real-time cryptographically verifiable proof of reserves.

Major asset reserve ratios were disclosed (specific figures not provided). MEXC said it will continue to publish key data through bimonthly security reports, leveraging on-chain verifiable reserves, standardized risk controls, and cross-platform collaboration to strengthen user asset protection.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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