FinCEN alleged that MEXC Global processed approximately $1 billion in direct transfers involving more than 40 Iranian crypto exchanges between May 2021 and May 2026

From the articleTreasury Cuts Crypto Exchange MEXC Off From US Financial System - DecryptAlso in FinCEN Cuts Off MEXC From U.S. Financial System Over Alleged $16B Illicit Flows, US Treasury Bans MEXC Exchange Over Alleged $16B in Illicit Transactions, US Treasury cuts off MEXC from financial system over $16B in illicit transactions
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