US Treasury Bans MEXC Exchange Over Alleged $16B in Illicit Transactions

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The US Treasury ordered the crypto exchange MEXC Global to be cut off from the American financial system. The Financial Crimes Enforcement Network (FinCEN) prohibited US financial institutions from sending or receiving funds involving MEXC. According to the November 6 announcement, the restriction covers cryptocurrency transfers amid allegations that MEXC processed $16.7 billion linked to illicit activity.

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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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