🚨 BREAKING: US Treasury cuts crypto exchange MEXC off from the US financial system.
FinCEN says MEXC handled at least $16B in transactions linked to sanctions evasion, cybercrime and other illicit activity — including around $1.5B tied to Russian sanctions evasion between May 2021 and May 2026.
The order takes effect 30 days after publication in the Federal Register. MEXC holds about $4.48B in assets, per DefiLlama, and has not yet responded.
#MEXC #CryptoNews #USTreasury #FinCEN #Bitcoin #Crypto
Join the conversation on Zimbuck — the finance social platform for traders & investors: https://zimbuck.com
FinCEN says MEXC handled at least $16B in transactions linked to sanctions evasion, cybercrime and other illicit activity — including around $1.5B tied to Russian sanctions evasion between May 2021 and May 2026.
The order takes effect 30 days after publication in the Federal Register. MEXC holds about $4.48B in assets, per DefiLlama, and has not yet responded.
#MEXC #CryptoNews #USTreasury #FinCEN #Bitcoin #Crypto
Join the conversation on Zimbuck — the finance social platform for traders & investors: https://zimbuck.com
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