200% Surge in Trading Fraud: MEXC Reports On India, Indonesia, and CIS Regions

Crypto exchange MEXC reveals a significant increase in trading fraud during Q1 2025, with activity centered primarily in India, Indonesia, and the Commonwealth of Independent States (CIS). The platform witnessed a staggering 200% rise in fraudulent trading attempts compared to the previous quarter. Fraudsters have been utilizing sophisticated tactics like wash trading, market manipulation, and automated bot operations to exploit this growth in the region. MEXC is responding with enhanced risk controls and educational initiatives to mitigate these risks.