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OKX Freezes MEXC User Deposits Following Strict FinCEN Order

News.Bitcoin.com
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OKX Freezes MEXC User Deposits Following Strict FinCEN Order

Social media reports say some exchanges, including OKX, have begun flagging deposits from MEXC-linked addresses after the U.S. Treasury blacklisted the exchange for processing over $16 billion in illicit financial activity tied to sanctioned entities in Iran, Russia, and North Korea. MEXC Customers Face Transaction Holds After U.S. Treasury Blacklist Exchange The U.S. Treasury Financial […]

Key Takeaways

  1. Social media reports say some exchanges, including OKX, have begun flagging deposits from MEXC-linked addresses after the U.S.
  2. Treasury blacklisted the exchange for processing over $16 billion in illicit financial activity tied to sanctioned entities in Iran, Russia, and North Korea.
  3. MEXC Customers Face Transaction Holds After U.S.
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.