Update
U.S. Treasury Bars US Financial Institutions from MEXC
The U.S. Treasury Department has barred U.S. financial institutions from processing any funds transfers to or from MEXC Global, a major crypto exchange. The Treasury accused MEXC of facilitating at least $16 billion in illicit transactions tied to Iran, North Korea, and Russia. The order, part of Operation Economic Outcast, takes effect 30 days after publication in the Federal Register.