Binance Restricts MEXC Transfers Following $16B Illicit Finance Allegations
Key Highlights: The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) accused MEXC Global of facilitating $16 billion in illicit transactions linked to Iran, Russia, North Korea, and cybercrime networks. Major cryptocurrency exchanges, including Binance and OKX, have tightened controls on deposits associated with MEXC Global and its related corporate affiliates. FinCEN’s regulatory measure, enacted under ...
