✔ VERIFIED First reported by Cointelegraph · Nov 6, 21:05 UTC · updated Nov 7, 04:50 UTC
FinCEN cuts MEXC off from US financial system over alleged $16B in illicit flows
FinCEN ordered US financial institutions to cease processing transfers to or from MEXC Global on November 6. According to the agency, the offshore crypto exchange conducted up to $16.7 billion in…
Common to all reports: US Treasury Cuts · MEXC · $16 · Illicit · Financial
Confirmed by 7 sources
- 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
- Live Bitcoin News (low-credibility outlet · International) · Nov 6, 21:26 UTC · read at the source
- Bitcoin Magazine (crypto newsroom · US) · Nov 6, 21:31 UTC · read at the source
- Hokanews (auto) (other outlet (not yet rated) · International) · Nov 7, 04:37 UTC · read at the source
- Cryptopolitan (crypto newsroom · International) · Nov 7, 04:50 UTC · read at the source
Reader sentiment Readers' opinions, one vote each. Not a signal.
Related
Tags: Regulation, ETF/Institutional
We show headlines and short excerpts only. Read the full story at the original publisher. How we verify.