Treasury billed the move as part of its campaign against Iran, but the order rests on MEXC's alleged role in Russian illicit finance.
U.S. Treasury moves to cut off crypto exchange MEXC over $16 billion in alleged illicit flows
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CoinDeskBy Francisco Rodrigues
EXECUTIVE SUMMARY
Treasury billed the move as part of its campaign against Iran, but the order rests on MEXC's alleged role in Russian illicit finance.
Key Takeaways
- Treasury moves to cut off crypto exchange MEXC over $16 billion in alleged illicit flows.
- Treasury billed the move as part of its campaign against Iran, but the order rests on MEXC's alleged role in Russian illicit finance.
- Treasury billed the move as part of its campaign against Iran, but the order rests on MEXC's alleged role in Russian illicit finance.
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