Binance Halts MEXC Transfers as FinCEN Cuts Exchange Off From US Financial System
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Treasury Cuts Crypto Exchange MEXC Off From US Financial System
FinCEN’s order, part of Operation Economic Outcast, bars U.S. institutions from any transfers to or from MEXC, which Treasury says facilitated $16 billion in illicit finance tied to Iran, North Korea and Russia.
US Treasury cuts off MEXC over alleged $16B in illicit transactions
The US Treasury bureau FinCEN on Friday ordered US financial institutions to stop processing transfers involving MEXC Global.
Binance Hacker Hunts for Exit Ramps as DeFi Exchanges Pause Markets
Etherscan records show wallets tied to the suspected Binance hack swapping freezable stablecoins for Ethereum on decentralized exchanges.
Binance Cuts Off SignalPlus API Keys Over 'Potential Security Issue' at Trading Platform
The exchange said its own systems and user funds are unaffected, a week after it lost $6.4 billion in a hack blamed on North Korea.
South Korea urges exchanges to boost cold storage after Binance hack
South Korean crypto exchanges are already required to hold at least 80% of customer crypto in cold wallets, but the regulator is urging more.
Brazil's Largest Exchange Mercado Bitcoin Halts Withdrawals After $40 Million Hack
Brazil's largest crypto exchange paused deposits and withdrawals after a security incident. Tether froze more than 4.5 million USDT tied to the attack.