US Treasury and FinCEN Target MEXC with Sanctions Over Alleged $16B in Illicit Transactions

Crypto News

US Treasury and FinCEN Target MEXC with Sanctions Over Alleged $16B in Illicit Transactions

US Treasury sanctions MEXC, citing $16B in alleged illicit trades

11/07/2026

The U.S. Department of the Treasury has issued an order cutting cryptocurrency exchange MEXC Global off from the country’s financial system, alleging the platform facilitated large volumes of...

Cryptopolitan

FinCEN cuts MEXC off from US financial system over alleged $16B in illicit flows

11/07/2026

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...

The Defiant

MEXC Says Withdrawals Continue as FinCEN Orders US Financial Cutoff

11/07/2026

The exchange says it has begun an independent review of its AML and sanctions controls. The US transfer ban takes effect 30 days after Federal Register publication.... Read the full story at The...

Crypto Breaking News

US Treasury Sanctions MEXC, Citing Alleged $16B Illicit Volume

11/06/2026

The U.S. Department of the Treasury has issued an order targeting MEXC Global, barring the crypto exchange from access to the U.S. financial system. The action, carried out by the Treasury’s...