The post MEXC Warns Users of SMS Phishing Scams Falsely Claiming to Be from the Platform appeared on BitcoinEthereumNews.com.

Key Takeaways: MEXC notifies users of SMS messages supposedly sent by the platform. MEXC confirms there is no in-house data leak. Users are urged not to trust messages that request account details or quick action. Security best practices are advised against likely fund loss. A Rise in Crypto-Themed SMS Scams Cryptocurrency exchanges are now a frequent victim of impersonation attacks. There has been an upsurge in phishing scams in the form of SMS messages that claim to be official notices from MEXC. The messages may claim that there is unusual activity on the account, urgent verification is needed, or withdrawal pending. The purpose of these scams is to cause panic, prompt users to click on spoofed links, and convince them to reveal login credentials or one-time passwords. These scams are particularly dangerous in that they are targeting users on their phones directly, bypassing normal email spam filters. How the Scam Works The SMS scams are designed in such a manner to compel users to act immediately. Typical characteristics include: Notifications alerting of “unauthorized logins” or “suspicious activity.” Promises that user accounts will be frozen without instant verification. URLs that look like official MEXC links but redirect to imitation login pages. Phone numbers that claim to be MEXC customer support representatives. After users engage with these numbers or links, attackers tend to request sensitive data such as passwords or two-factor authentication codes. Using these, they can steal crypto assets within minutes. MEXC’s Response and Clarification MEXC publicly spoke about the matter by advising users to be cautious and not to pay attention to any unusual SMS messages. The exchange reiterated that it does not initiate unsolicited SMS requests for passwords, login details, or verification actions through third-party links. MEXC also made it clear that their in-house systems are safe, and there…

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Filed under: News - @ April 18, 2025 5:26 am