MEXC Global barred from the U.S. financial system by the Treasury, accused of facilitating $16 billion in illicit transactions
The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) ordered financial institutions to stop processing transfers to MEXC Global, accusing it of facilitating at least $16 billion in illicit transactions linked to sanctions evasion, cybercrime, and other crimes. MEXC Global faces a major blow over $1.6 billion in illicit transactions. #MEXCGlobal #FinancialCrimesEnforcementNetwork
The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) ordered financial institutions to stop processing transfers to MEXC Global, accusing it of facilitating at least $16 billion in illicit transactions linked to sanctions evasion, cybercrime, and other crimes. MEXC Global faces a major blow over $1.6 billion in illicit transactions. #MEXCGlobal #FinancialCrimesEnforcementNetwork