MEXC Launches $100 Million Fund to Enhance User Protection Amid Rising Security Threats

MEXC, a prominent cryptocurrency exchange, has taken proactive steps in the face of mounting security challenges within the crypto industry. On June 11, 2025, they unveiled a dedicated user protection fund worth $100 million. This fund aims to compensate users directly following significant incidents like platform breaches, technical failures, or targeted hacks. To promote transparency, MEXC published wallet addresses on blockchain explorers for real-time monitoring of the fund’s operations.