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🚨 BREAKING: The US Treasury has cut off crypto exchange MEXC. FinCEN ordered US banks to sever ties with the exchange, alleging it facilitated roughly $16 billion in illicit transactions linked to Iran, North Korea and Russia. Bitcoin held near $75,800 despite the enforcement action, while XRP slid 4.2%. #MEXC #CryptoNews #Bitcoin #FinCEN #Crypto #Zimbuck

🚨 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