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MEXC Releases February Proof of Reserve Report, BTC Coverage Rises to 267%

MEXC Releases February Proof of Reserve Report, BTC Coverage Rises to 267% 

MEXC released its February 2026 Proof of Reserves report, showing all major assets backed above 100%, with BTC coverage jumping from 158% in January to 267%. Wallet holdings nearly doubled to 12,003.98 BTC, while ETH reserves rose to 73,433.86 ETH (112% coverage). Audited monthly by Hacken and verified via Merkle Tree technology, the report reinforces MEXC’s transparency and asset protection stance.


https://hackernoon.com/mexc-releases-feb...source=rss
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All these trading companies who guarantee and back asset for their users. In the event of a loss. Do they really give people's asset back? In the past we have seen many scams. FTX for exmaple


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