What’s going on with MEXC now, guys??
The U.S. Treasury Department, through FinCEN, has ordered MEXC Global to be barred from accessing the U.S. financial system.
The main reason is that the agency alleges the exchange facilitated at least $16 billion in illicit transactions between 2021 and 2026, involving:
- Illegal entities in Russia, including sanctions evasion and darknet trading.
- Iran and its proxy forces.
- Organizations providing financial support to North Korea.
- Other cybercrime groups.
If you have assets on MEXC, keep an eye on this news, as it concerns the exchange’s legal situation and liquidity.
The U.S. Treasury Department, through FinCEN, has ordered MEXC Global to be barred from accessing the U.S. financial system.
The main reason is that the agency alleges the exchange facilitated at least $16 billion in illicit transactions between 2021 and 2026, involving:
- Illegal entities in Russia, including sanctions evasion and darknet trading.
- Iran and its proxy forces.
- Organizations providing financial support to North Korea.
- Other cybercrime groups.
If you have assets on MEXC, keep an eye on this news, as it concerns the exchange’s legal situation and liquidity.
