✔ VERIFIED First reported by The Cryptonomist · Nov 6, 20:49 UTC · updated Nov 6, 21:15 UTC

US Treasury cuts off MEXC from financial system over $16B in illicit transactions

The Treasury's action against MEXC underscores the increasing scrutiny on crypto exchanges, highlighting global financial security challenges.

Common to all reports: US Treasury · MEXC · $16

Confirmed by 5 sources

• The Cryptonomist (crypto newsroom · Europe) · Nov 6, 20:49 UTC · read at the source
• Cryptonomist (crypto newsroom · Europe) · Nov 6, 20:49 UTC · read at the source
• Cointelegraph (crypto newsroom · Europe) · Nov 6, 21:05 UTC · read at the source
• Decrypt (crypto newsroom · US) · Nov 6, 21:06 UTC · read at the source
• Crypto Briefing (crypto newsroom · US) · Nov 6, 21:15 UTC · read at the source

Tags: Regulation

We show headlines and short excerpts only. Read the full story at the original publisher. How we verify.

New to crypto? Start Lesson 1 free →