Macro Finance
U.S. Treasury moves to cut off crypto exchange MEXC over $16 billion in alleged illicit flows
CoinDesk·November 7, 2026·1 min read
The U.S. Treasury moved to cut off crypto exchange MEXC over $16 billion in alleged illicit flows. The order, billed as part of the campaign against Iran, rests on MEXC's alleged role in Russian illicit finance. The action targets the exchange's operations amid broader sanctions enforcement.
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