Binance has suspended transfers between itself and MEXC following a U.S. allegation involving $16 billion.

· Crypto investigator ZachXBT publicly called on the U.S. Treasury to explain how the $16 billion figure was calculated, as the source has not publicly verified the allegation’s figure itself.
· With transfer channels between the platforms cut off, cross-platform asset allocation routes have changed, but the source does not specify which assets are affected.

Regarding the basis for this measure, would you rather see the Treasury’s explanation of the figure first, or the details of Binance’s announcement?