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