MEXC, a global cryptocurrency exchange, reported a 200% surge in crypto-related fraud in early 2025, with India and Indonesia topping the list of affected countries. The exchange's security team noted an alarming rise in phishing scams, fake airdrops, and impersonation schemes targeting users via social media and messaging apps. MEXC attributes this spike to growing crypto adoption in emerging markets, where regulatory awareness and cybersecurity literacy remain low. The company has implemented stricter verification processes and expanded its fraud detection systems. MEXC urges users to remain vigilant, use official channels, and enable two-factor authentication to protect their assets and data.