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

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 transfers involving the exchange and takes […]

Read the full story at bitcoinist.com.