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MEXC Appoints Vugar Usi as Chief Operating Officer to Accelerate Global Growth and Redefine User-First Crypto Trading Experience Victoria, Seychelles, December 3, 2025 –  MEXC, the fastest-growing global cryptocurrency exchange , redefining a user-first approach to digital assets through true zero-fee trading, announces Vugar Usi as Chief Operating Officer, marking a defining step in its mission to raise the global standard for how crypto exchanges serve users worldwide.   Vugar brings over 15 years of experience driving high-growth transformations across Fortune 500 companies and leading Web3 platforms. Most recently, he served as Chief Operating Officer at Bitget, where he played a pivotal role in scaling the exchange from a top-20 platform into the world’s 4th largest crypto exchange, achieving fivefold user growth to over 120 million users globally.   His previous leadership experience includes senior roles at Facebook, Bain & Company, Coca-Cola, and Sony, as well...

  Victoria, Seychelles, November 20, 2025 — MEXC, a leading global cryptocurrency exchange , announced an expanded partnership with Hacken that establishes monthly Proof of Reserves (PoR) audits as a standard operating practice. The move transforms an existing security relationship into a comprehensive transparency framework designed to provide users with consistent, independent verification of asset backing.   MEXC’s latest Proof of Reserves data shows that major asset reserves remain above 100%, ensuring all user deposits are fully backed. Users can independently verify their holdings at any time through MEXC’s Merkle Tree system, which provides cryptographic proof of reserves on a dedicated verification page.Hacken is an end-to-end blockchain security & compliance partner for digital assets. Unlike traditional providers, Hacken was born on blockchain, combining deep Web3 expertise with enterprise-grade quality, AI-powered offensive security, and globally recognized c...

(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. •         ...