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(The image shows a “mobile phone farm” operated by Prince Holding Group. Source: Indictment)   On October 14, the U.S. Department of Justice (DOJ) filed criminal charges against Chen Zhi, founder of Cambodia ’ s Prince Holding Group, and announced the seizure of approximately 127,271 bitcoins under his control, with a total value of up to $15 billion. The U.S. described this move as a historic law enforcement action targeting transnational online fraud. The case has sparked widespread international discussion, with media outlets including the BBC, Lianhe Zaobao, and Las Vegas News reporting on it and expressing differing opinions on the legality of the U.S. ’ s unilateral actions. According to the DOJ ’ s indictment, Chen Zhi and Prince Holding Group operated “ pig-butchering ” scams through transnational corporate networks and were also suspected of money laundering and forced labor. The group conducted business in more than 30 countries and set up multiple “ forced labor scam ...

VICTORIA, Seychelles – November 6, 2025 — MEXC, a leading global cryptocurrency exchange , has released its Security Bimonthly Report for September–October 2025, reaffirming its ongoing commitment in safeguarding user funds and maintaining operational transparency. This report outlines key achievements in fund protection, trading security, and cooperation with law enforcement in combating and preventing illicit activity.   Fund Security and Proof of Reserves MEXC continues to uphold a robust Proof of Reserves system, ensuring that user assets are fully backed on a 1:1 basis. The exchange’s reserve verification process remains open for public review, offering users an additional layer of transparency and trust. For more details, visit MEXC . The latest Proof of Reserves data is updated regularly and available for public verification on MEXC Proof of Reserves page .   Trading Security and Insurance Mechanisms MEXC’s comprehensive asset protection system is anchor...

Victoria, Seychelles, October 29, 2025 — Global cryptocurrency exchange MEXC has released its Q3 2025 Risk Control Performance Review, showing a 36% decline in organised crime cases. This report highlights the continued success of MEXC’s global compliance framework, advanced risk control systems, and law enforcement partnerships in combating crypto-related financial crime. Key Takeaways •                     $4.97 million USDT in illicit funds frozen and 48 fraud cases intercepted during July–August 2025 through advanced security protocols. •                     45,513 organised crime cases recorded in Q3 2025, a decline of 36%, over 70,000 illicit activities prevented since the start of MEXC’s enhanced Risk Control initiative in Q2 2025. •         ...

On October 11, the cryptocurrency market experienced a sudden disruption. Earn products linked to USDE, BNSOL, and WBETH on the Binance platform underwent significant depegging, leading to widespread liquidations of leveraged positions. This event serves as a reminder that even seemingly stable CEX Earn products carry inherent risks. This report provides an in-depth analysis of the risk factors associated with major CEX Earn products, aiming to help investors identify potential vulnerabilities, develop sustainable yield strategies, and maintain resilience under volatile market conditions. Overview of CEX Earn Products: From Passive Income to High-Risk Bets CEX-based Earn products can generally be categorized into four types, ranging from low-risk savings solutions to high-yield, leverage-enhanced products. Lower-risk products function much like crypto fixed deposits, focusing on capital preservation and stable returns, while higher-risk offerings resemble leveraged futures, where both...

Victoria, Seychelles, October 6, 2025 – MEXC, a leading global cryptocurrency exchange , highlighted its ecosystem vision with an additional investment in Ethena, while making a splash at TOKEN2049 with the event’s first-ever indoor zipline and a creative 0% fee tunnel. MEXC Ventures , the investment arm of MEXC Group, announced an additional $30 million investment in ENA, the governance token of Ethena, during TOKEN2049 Singapore. This brings its total commitment to $66 million — comprising a prior $16 million strategic investment and $20 million in USDe purchases.   Investment with Ecosystem Vision  The disclosure came as part of two panel discussions where Chief Strategy Officer Cecilia Hsueh outlined how exchanges are repositioning from pure trading venues into infrastructure providers that combine capital, liquidity, and user access for early-stage projects.   Speaking on the "From Seed to Scale" panel alongside Dragonfly's Managing Partner, Haseeb Qur...