Victoria, Seychelles, September 3, 2025 – MEXC, a leading global cryptocurrency exchange, announced that its compliance team has completed an advanced joint training program with law enforcement and regulatory officials. Conducted across Southeast Asia, the CIS, and Latin America — regions with the highest rates of crypto-related scams and financial crime — the program further strengthens the company’s ability to detect and block illicit activity on its platform.
According to a recent United Nations report, organized crime syndicates that originated in Southeast Asia have expanded their operations into Latin America, Africa, South Asia, and Eastern Europe, generating nearly $40 billion in annual revenue from scams alone. In parallel, research from Chainalysis reveals that over $2 billion in cryptocurrency has already been stolen in the first half of 2025, putting this year on track for a record loss in digital assets.
The MEXC program — averaging 160 hours of lectures, workshops, and simulator-based drills — was delivered in cooperation with police economic crime divisions, AML service providers, and compliance technology partners. Officers were trained to spot emerging risks, including forged documents, deepfake-based KYC submissions, identity theft, and coercion cases. A strong emphasis was placed on inter-agency cooperation, allowing MEXC to cut its fraud response time.
Employees who completed the training are already demonstrating results. In July–August alone, MEXC’s compliance team successfully intercepted 48 suspicious cases, withholding $4.9 million in assets linked to illicit activities. These cases remain under active investigation, underscoring the real-world impact of enhanced compliance measures. During this period, the compliance team also observed 3,097 fraudulent liveness cases for KYC, representing a 15% increase. As technology continues to advance, fraudulent liveness attempts leveraging tools such as deepfake technology have become a growing concern, and remain a key focus area for MEXC’s compliance efforts.
MEXC stressed that ordinary users are unaffected by these measures, which are applied exclusively to suspicious accounts flagged through risk-control protocols. The exchange reaffirmed its zero-tolerance stance on fraud, money laundering and market manipulation, highlighting that its compliance framework is constantly updated in partnership with leading providers such as Elliptic and LSEG, who deliver regular training and updates to MEXC staff.
The MEXC compliance team, from time to time, participates in advanced training courses led by law enforcement and regulatory officials, covering areas such as AML and KYC. Participation in these programs helps the compliance team stay abreast of the latest and more sophisticated criminal methodologies, thereby enhancing our ability to efficiently identify illicit fund inflows.
By investing in training and upgrading its monitoring and detection frameworks for AML, illicit activities, and KYC, MEXC continues to align with international regulatory standards while protecting its global user base from criminal exploitation. Reflecting its global strategy, MEXC plans to expand this obligation-based training to all operational regions, ensuring consistent protection standards across the global markets.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
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