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MEXC Sees 200% Spike in Orchestrated Fraud Attacks—Crypto’s ’Wild West’ Era Isn’t Over
MEXC Sees 200% Spike in Orchestrated Fraud Attacks—Crypto’s ’Wild West’ Era Isn’t Over
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Exchange security teams are playing whack-a-mole as bad actors ramp up coordinated assaults.
Fraudsters got creative—and busy—in Q1 2025. MEXC’s latest transparency report reveals a tripling of sophisticated attack attempts compared to last quarter. Pattern? Always follow the money... especially when it’s unsupervised.
Security teams are now deploying AI-driven countermeasures, but the arms race continues. Meanwhile, retail traders keep clicking ’approve’ on suspicious contracts—because who reads smart contract permissions anyway?
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