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FinCEN Cuts MEXC Off From US Banks Over $16B in Sanctions Ties

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The US Treasury Department's Financial Crimes Enforcement Network (FinCEN) has issued a sweeping order against MEXC Global, one of the world's top 20 crypto exchanges, cutting it off from the US financial system. The November 6, 2026 order alleges that MEXC moved at least $16 billion tied to…

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