Macro Finance
US Treasury sanctions MEXC crypto exchange over alleged $16B in illicit transactions
The Cryptonomist·November 6, 2026·1 min read
The US Treasury sanctioned MEXC Global on November 6, 2026, cutting the crypto exchange off from the US financial system. FinCEN issued the order over alleged $16 billion in illicit transactions tied to sanctions evasion involving Iran, North Korea, and Russia, restricting MEXC's access to US financial institutions.
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