CryptoDecryptabout 2 hours ago
Binance Halts MEXC Transfers After US Ban
2 min read
Binance stops processing transactions involving MEXC after FinCEN designated the exchange a primary money laundering concern. The order bars US financial institutions from transfers, alleging MEXC processed at least $16 billion in suspicious transactions between May 2021 and May 2026, including nearly $1.5 billion linked to Russian sanctions evasion.
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