Source: Crypto.news ↗

Binance blocks MEXC transfers after FinCEN’s $16B crackdown

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What the source reports

Binance has stopped processing cryptocurrency transfers involving MEXC Global and its affiliated entities after US regulators identified the exchange as a primary money laundering concern over $16 billion in alleged illicit transactions. In a November 10 announcement, Binance instructed customers…

Read the original report on Crypto.news ↗

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