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Crypto & Bitcoin

MEXC Faces US Transfer Ban After $16B Illicit Activity Claim

Reported by Arslan Tabish, Coin Edition

Image: Coin Edition

The U.S. Treasury Department announced a transfer ban targeting crypto exchange MEXC Global on Nov. 6. The order will bar U.S. financial institutions from processing transfers to or from the platform. Officials cited at least $16 billion in transactions linked to illicit activity. How Treasury Linked $1.5B in MEXC Transfers to Russia The Financial Crimes … Read The Full Article MEXC Faces US Transfer Ban After $16B Illicit Activity Claim On Coin Edition .

This is an excerpt. The reporting belongs to Coin Edition.

Read the full report on coinedition.com
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