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Financial Crimes Enforcement Network

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Treasury cuts off MEXC from the US financial system over sanctions links

Treasury cuts off MEXC from the US financial system over sanctions links

The US Department of the Treasury has cut off MEXC Global from the US financial system over sanctions evasion and links to cybercrime gangs. The order also points to activity tied to Iran, North Korea, and Russia, and MEXC says it is reviewing the action with its legal and compliance teams. What the Treasury order says about MEXC MEXC Global is a Seychelles-based crypto exchange founded in 2018. The company…

Saugata Datta2 min read19
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