MEXC flags 200% spike in crypto fraud: India, Indonesia lead with over 30,000 accounts

MEXC reports 80,057 fraud cases in Q1 2025, a 200% YoY increase. India flagged 27,000 fraudulent accounts, up 17% from last year. Indonesia saw 1,303% surge in fraud cases, reaching 5,603. As cryptocurrency adoption widens across emerging markets, so do the risks tied to financial fraud source: https://coinjournal.net/news/mexc-flags-200-spike-in-crypto-fraud-india-indonesia-lead-with-over-30000-accounts/