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

Source: https://x.com/USTreasury/status/2118830891522830391
Kiwi News: https://news.kiwistand.com/stories/USTreasury-FinCEN-cuts-off-MEXC-global-from-the-US-financial-system?index=0x6aef53d41e4d089685dbe89b03f71549581e38894e7d78bde253d7fc00041fd79b32f0de
Submitted by thatalexpalmer.eth on 2026-11-07 UTC, 1 upvote, 0 comments

## Summary

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.

## Article

Today, as part of Operation Economic Outcast, Treasury’s Office of Foreign Assets Control designated eight money services businesses based in Canada that enable the Iranian regime. 

Additionally, @FinCENnews issued an order effectively cutting off MEXC Global’s access to the U.S. financial system for facilitating at least $16 billion in illicit transactions, including activity connected to Iran sanctions evasion.