🚨 THE US JUST "PULLED THE PLUG" ON USD ACCESS FOR ONE OF THE WORLD’S TOP 20 CRYPTO EXCHANGES
$16 BILLION.
That’s how much FinCEN says MEXC processed over 5 years, including flows tied to Russia, Iran, and North Korea.
As of November 6, all US banks are barred from processing MEXC transactions, effective 30 days after Federal Register publication.
- 40+ Iranian exchanges transacted directly with MEXC
- MEXC still handles $1B+ in daily volume
⚠️ But this is NOT a global sanction. MEXC isn’t on OFAC’s SDN list and its assets aren’t frozen. So what really happens to USD liquidity and users?
👉 Read the full breakdown: https://cryptothreads.io/news/fincen-bars-us-banks-from-mexc-over-16b-in-illicit-finance/
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