Tag: convertible_virtual_currency_exchanger

FinCEN Cuts MEXC Global Off From U.S. Financial System Over $16 Billion in Illicit Transactions

6 Nov 2026 3:34 p.m. · Source: Financial Crimes Enforcement Network

FinCEN issued an order under Operation Economic Outcast barring U.S. financial institutions from processing funds transfers involving MEXC Global, a convertible virtual currency exchanger tied to $16 billion in illicit transactions.

Business Law Enforcement Politics and Government Financial Markets Banking Legal Federal Government FinCEN MEXC Global Operation Economic Outcast sanctions evasion convertible virtual currency exchanger U.S. Department of the Treasury cybercrime Financial Crimes Enforcement Network