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Binance Blocks MEXC Transfers After $16B Illicit Finance Allegations

By Kevin Helms

Binance restricted dealings with MEXC after U.S. authorities alleged the exchange facilitated at least $16 billion in illicit transactions. The move followed a designation targeting MEXC’s access to the U.S. financial system. Binance Rejects MEXC Transfers and Withholds Deposits Binance said Nov. 10 that it was…

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