@USTreasury FinCEN cuts off MEXC global from the US financial system

FinCEN issued an order effectively cutting off MEXC Global from the U.S. financial system for facilitating at least $16 billion in illicit transactions. The order covers activity connected to Iran sanctions evasion. Separately, as part of Operation Economic Outcast, the Treasury's Office of Foreign Assets Control designated eight money services businesses based in Canada that the post says enable the Iranian regime.