TechCoinDesk1h ago
US Treasury moves to cut crypto exchange MEXC off from the US financial
US Treasury moves to cut crypto exchange MEXC off from the US financial system, alleging $16B+ in illicit flows, including Russian and Iranian sanctions evasion
TL;DRUS Treasury targeting crypto exchange MEXC for allegedly processing $16B in illegal transactions including sanctions evasion.
Why it matters: Shows government escalating enforcement against crypto platforms facilitating illicit activity and geopolitical sanctions circumvention.
The U.S. Treasury is moving to cut off crypto exchange MEXC from the U.S. financial system, alleging that it handled …
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