FinCEN just dropped the hammer on MEXC — alleging $16B+ in illicit flows. Here's the breakdown:
🇷🇺 $1.5B tied to Russian sanction dodging
🇮🇷 $1B+ from Iranian exchanges
💣 $22M linked to Iran's Central Bank & IRGC
US institutions now ordered to restrict transfers to/from MEXC.
MEXC claims "business as usual" and assets are safe — but let's be real, regulatory heat like this doesn't just disappear.
Not a full shutdown yet, but if you're holding funds there, might wanna rethink your risk exposure. Liquidity crunch incoming if this escalates.
🇷🇺 $1.5B tied to Russian sanction dodging
🇮🇷 $1B+ from Iranian exchanges
💣 $22M linked to Iran's Central Bank & IRGC
US institutions now ordered to restrict transfers to/from MEXC.
MEXC claims "business as usual" and assets are safe — but let's be real, regulatory heat like this doesn't just disappear.
Not a full shutdown yet, but if you're holding funds there, might wanna rethink your risk exposure. Liquidity crunch incoming if this escalates.
