# US Treasury cuts off MEXC over alleged $16B in illicit transactions

- Source: Cointelegraph.com News
- Published: 2026-11-06T21:05:25+00:00
- Category: Markets
- Original: https://cointelegraph.com/news/us-treasury-bans-mexc-over-alleged-16b-illicit-transactions?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
- Canonical: https://groundlevelnews.com/story/us-treasury-cuts-off-mexc-over-alleged-16b-in-illicit-transactions-8f039b/

The US Treasury bureau FinCEN on Friday ordered US financial institutions to stop processing transfers involving MEXC Global.

_Ground Level News shows a short summary only; the full article and all rights belong to Cointelegraph.com News._