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US Treasury cuts off MEXC from financial system over $16B in illicit transactions

Crypto Briefing·November 6, 2026·1 min read
US Treasury cuts off MEXC from financial system over $16B in illicit transactions

The US Treasury cut off crypto exchange MEXC from the financial system over $16 billion in illicit transactions. The action underscores increasing scrutiny on crypto exchanges and highlights global financial security challenges, as regulators crack down on platforms linked to illegal activity.

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