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US Treasury severs MEXC from US financial system over $16 billion in illicit flows

CryptoDnes·November 7, 2026·1 min read
US Treasury severs MEXC from US financial system over $16 billion in illicit flows

FinCEN ordered US financial institutions to sever ties with crypto exchange MEXC Global over at least $16 billion in alleged illicit transactions. The action takes effect 30 days after Federal Register publication, cutting MEXC off from the US financial system and marking a major enforcement move against the exchange.

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