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

Source: Bitcoin News · Nov 06, 2026 21:50 UTC

The Quick Take

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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