🐉 WASHINGTON JUST CUT MEXC OFF FROM THE US FINANCIAL SYSTEM
👉 FinCEN issued a final order on Friday barring US financial institutions from processing any funds transfers to or from MEXC Global, as part of Operation Economic Outcast.
👉 Treasury says MEXC facilitated at least $16 billion in illicit transactions between May 2021 and May 2026, tied to Iranian, North Korean and Russian sanctions evasion and cybercrime, including dealings with sanctioned Garantex and Grinex as recently as June 2026.
👉 About $1.5 billion of that volume is linked to Russian sanctions evasion alone.
👉 The detail that matters: the order takes effect 30 days after it is published in the Federal Register, and as of Friday evening it had not been published yet, so the clock has not started. This is a fuse, not an instant shutdown.
👉 MEXC has not issued a public response so far. Treasury puts its reserves at about $5 billion, with more than $1 billion in daily volume.
👉 BTC is holding around $75,900, so the market is reading this as an exchange compliance shock, not a systemic panic.
#BinanceSquare #MEXC #Crypto #Security
Thirty days to answer, and the clock has not even started.
👉 FinCEN issued a final order on Friday barring US financial institutions from processing any funds transfers to or from MEXC Global, as part of Operation Economic Outcast.
👉 Treasury says MEXC facilitated at least $16 billion in illicit transactions between May 2021 and May 2026, tied to Iranian, North Korean and Russian sanctions evasion and cybercrime, including dealings with sanctioned Garantex and Grinex as recently as June 2026.
👉 About $1.5 billion of that volume is linked to Russian sanctions evasion alone.
👉 The detail that matters: the order takes effect 30 days after it is published in the Federal Register, and as of Friday evening it had not been published yet, so the clock has not started. This is a fuse, not an instant shutdown.
👉 MEXC has not issued a public response so far. Treasury puts its reserves at about $5 billion, with more than $1 billion in daily volume.
👉 BTC is holding around $75,900, so the market is reading this as an exchange compliance shock, not a systemic panic.
#BinanceSquare #MEXC #Crypto #Security
Thirty days to answer, and the clock has not even started.