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US Treasury Cuts MEXC Off From the US Financial System Over $16 Billion in Alleged Illicit Flows
The US Treasury has cut crypto exchange MEXC Global off from the American financial system. On Friday, November 6, the Treasury's Financial Crimes Enforcement Network — FinCEN — issued an order that bars US financial institutions from processing any funds transfers involving MEXC, after alleging the exchange facilitated at least $16 billion in transactions linked to sanctions...
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