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MEXC Reports 200% Surge in Coordinated Fraud Attempts in Q1 2025


Cryptocurrency exchange MEXC reported a significant 200% increase in coordinated fraudulent trading activity in the first quarter of 2025. Most fraudulent activity is concentrated in Asia, with India accounting for nearly 27,000 or 33% of flagged accounts. Fraudulent Activity Concentrated in Asia...

Sui DEX Cetus suspected of being hacked: Up to $200 million lost


Cetus, a decentralized exchange (DEX) built on the Sui blockchain, has reportedly suffered a massive exploit that may have drained more than $200 million worth of digital assets. Pseudonymous Web3 researcher COMDARE3 posted on X that “users report” that Sui-based DEX Cetus is being...

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