Security
MEXC Reports Interception of 38.66M USDT in Risk Funds and Futures Insurance Fund Growth
Mutsamudu, Comoros, September 16, 2026 – MEXC, a leader in zero-fee digital asset trading, has published its security report for July and August 2026. The report highlights the successful interception of all 215 reports related to risk-related funds, amounting to approximately 38.66 million USDT. Additionally, the Futures Insurance Fund has grown to 792 million USDT, providing enhanced protection for users.
Key Findings from the Security Report
- All 215 risk-related fund reports were intercepted, covering 38,655,490 USDT.
- The number of intercepted cases rose by approximately 2,971%, with the value of intercepted funds increasing by about 12,646% compared to the previous reporting period.
- MEXC identified and restricted over 20,000 accounts linked to risk-related activities, marking a 118.03% increase.
- The total balance of the Futures Insurance Fund reached 791,696,422 USDT, up 5.44% from the last report.
Industry Context
During July and August 2026, the crypto sector experienced 184 security incidents, leading to reported losses of around $535 million. Phishing and fraud incidents accounted for nearly half of these cases, with attackers increasingly leveraging AI to enhance their methods.
Reserve Ratios and Future Plans
MEXC maintained reserve ratios above 100% for major assets, including Bitcoin (BTC) at approximately 288%. The platform plans to expand its Guardian Fund from $100 million to $500 million to further safeguard user assets.
MEXC CEO Vugar Usi emphasized the importance of trust and proactive measures in protecting user assets, stating that the platform will continue to enhance its capabilities in identifying and intercepting risk-related funds.
FAQ
What is the total amount intercepted by MEXC in risk-related funds?
MEXC successfully intercepted approximately 38.66 million USDT in risk-related funds.
How much has the Futures Insurance Fund grown?
The Futures Insurance Fund has grown to 792 million USDT, marking a 5.44% increase from the last report.
What percentage increase was observed in intercepted risk-related fund cases?
The number of intercepted cases rose by approximately 2,971% compared to the previous reporting period.
What measures is MEXC taking to protect user assets?
MEXC plans to expand its Guardian Fund from $100 million to $500 million and maintains reserve ratios above 100% for major assets.
What security incidents occurred in the crypto sector during July and August 2026?
During this period, the crypto sector experienced 184 security incidents, leading to reported losses of around $535 million, with phishing and fraud incidents accounting for nearly half of these cases.