# US Treasury Blacklists MEXC Over $16B in Alleged Illicit Crypto Activity

- Source: Bitcoin News
- Published: 2026-11-06T21:50:56+00:00
- Category: Markets
- Original: https://news.bitcoin.com/regulation-and-legal/us-treasury-blacklists-mexc-16b-alleged-illicit-crypto-activity/
- Canonical: https://groundlevelnews.com/story/us-treasury-blacklists-mexc-over-16b-in-alleged-illicit-crypto-activit-40e400/

The U.S. Treasury Department has ordered American financial institutions to stop processing transactions involving cryptocurrency exchange MEXC Global, accusing the platform of facilitating at least $16 billion in illicit financial activity tied to sanctions evasion, cybercrime, and other illegal operations. Treasury’s Financial Crimes Enforcement Network (FinCEN) announced the action Friday as pa

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