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US Treasury Slams MEXC With Financial-System Block Over Alleged Illicit Flows

By BITCOINIST EDITOR

The US Treasury has moved to cut MEXC Global off from the American financial system over at least $16 billion in allegedly illicit transactions. FinCEN linked the activity to sanctions evasion involving Iran, Russia and North Korea, as well as cybercrime. The order prohibits US financial institutions from processing…

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