Hacking News
Binance Halts Transfers Involving MEXC
Binance, the world's largest cryptocurrency exchange by volume, has halted all transfers involving MEXC and its affiliated companies following new concerns about the legitimacy of the exchange. Binance announced the move after the U.S. Financial Crimes Enforcement Network (FinCEN) designated MEXC as a Primary Money Laundering Concern. The restrictions were announced to take effect immediately, prohibiting users from sending or receiving funds through Binance involving MEXC and its related entities, including MEXC Global Limited, MEXC Estonia OÜ, MEXC Singapore Pte Ltd, and several other companies operating under the MEXC name.