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Treasury Cuts Crypto Exchange MEXC Off From US Financial System

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Decrypt
By Decrypt Staff
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Treasury Cuts Crypto Exchange MEXC Off From US Financial System
Photo / Coverage: DecryptCredit: Decrypt Staff
EXECUTIVE SUMMARY

FinCEN’s order, part of Operation Economic Outcast, bars U.S. institutions from any transfers to or from MEXC, which Treasury says facilitated $16 billion in illicit finance tied to Iran, North Korea and Russia.

Key Takeaways

  • Treasury Cuts Crypto Exchange MEXC Off From US Financial System.
  • FinCEN’s order, part of Operation Economic Outcast, bars U.S.
  • institutions from any transfers to or from MEXC, which Treasury says facilitated $16 billion in illicit finance tied to Iran, North Korea and Russia.

FinCEN’s order, part of Operation Economic Outcast, bars U.S. institutions from any transfers to or from MEXC, which Treasury says facilitated $16 billion in illicit finance tied to Iran, North Korea and Russia.

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