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Binance Blocks MEXC Transfers After $16B Illicit Finance Allegations

News.Bitcoin.com
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Binance Blocks MEXC Transfers After $16B Illicit Finance Allegations

Binance restricted dealings with MEXC after U.S. authorities alleged the exchange facilitated at least $16 billion in illicit transactions. The move followed a designation targeting MEXC’s access to the U.S. financial system. Binance Rejects MEXC Transfers and Withholds Deposits Binance said Nov. 10 that it was restricting transactions involving MEXC following the Financial Crimes Enforcement […]

Key Takeaways

  1. Binance restricted dealings with MEXC after U.S.
  2. authorities alleged the exchange facilitated at least $16 billion in illicit transactions.
  3. The move followed a designation targeting MEXC’s access to the U.S.
Read Full Article on News.Bitcoin.com

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.