MEXC Intercepted $38 Million in Risk-Related Funds, Strengthens User Asset Protection

MEXC, a leading global multi-asset trading platform, has released its July-August security report. The report highlights the company's success in intercepting risk-related funds, with a total of 215 reports successfully handled during the period.

The intercepted cases covered approximately 38.66 million USDT, an increase of 12,646% from the previous reporting period. MEXC also assisted with judicial freezes for 42 of these cases.

In addition to its efforts in intercepting risk-related funds, MEXC has also strengthened its user asset protection measures. The company's Futures Insurance Fund reached a balance of 792 million USDT, an increase of 5.44% from the previous reporting period.

MEXC's reserve ratios for major assets such as BTC, ETH, USDT, and USDC remained above 100%. This means that the company has sufficient reserves to cover any potential losses in extreme market conditions.