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U.S. Treasury Cuts Off MEXC From U.S. Financial System Over Alleged $16 Billion in Illicit Flows

Bitcoin Magazine·November 6, 2026·1 min read
U.S. Treasury Cuts Off MEXC From U.S. Financial System Over Alleged $16 Billion in Illicit Flows

FinCEN issued a final order under section 9714(a) barring U.S. financial institutions from transacting with MEXC Global, citing at least $16 billion in alleged illicit activity. The ban takes effect 30 days after Federal Register publication, cutting the exchange off from the U.S. financial system.

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