MEXC Warns Users of 50% Surge in SMS Phishing Scams

MEXC has issued a warning to its users about a surge in SMS phishing scams that falsely claim to be from the platform. These scams are designed to trick users into revealing sensitive information, such as login credentials and one-time passwords, by creating a sense of urgency and panic. The messages often claim that there is unusual activity on the user's account, that urgent verification is needed, or that a withdrawal is pending.

These scams are particularly dangerous because they target users directly on their phones, bypassing normal email spam filters. The scammers use spoofed links and phone numbers that appear to be from MEXC, redirecting users to imitation login pages where they can steal crypto assets within minutes.

MEXC has clarified that it does not initiate unsolicited SMS requests for passwords, login details, or verification actions through third-party links. The exchange has also confirmed that there has been no leakage of user data from their end, and the targeted phone numbers could have been received due to third-party leaks or malware infected on individual users.

In response to these scams, MEXC has released several security tips for users. These include never opening links from unknown sources, not trusting messages that demand urgency or threaten account suspension, and never sharing personal information or authentication codes through SMS or unsolicited calls. Users are also advised to use robust two-factor authentication, bookmark the official website, and enable withdrawal whitelisting.

MEXC is taking steps to enhance user education and strengthen its defense against these scams. The exchange is releasing security updates, improving internal detection, and working with partners to identify and block phony numbers. Users are urged to report any suspicious activity to help build a stronger defense across the community.

The most effective protection against these scams starts with user awareness. Users should be cautious of all messages that require immediate action, especially those that ask for sensitive information. By following MEXC's security tips and staying vigilant, users can protect themselves from falling victim to these phishing scams.