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#crypto sanctions evasion

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US Imposes Severe Sanctions on Major Cryptocurrency Exchange
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US Imposes Severe Sanctions on Major Cryptocurrency Exchange

Key Highlights The U.S. government has uncovered billions of dollars in illicit transactions on cryptocurrency exchange MEXC Global tied to sanctioned entities in Iran and Russia. FinCEN has issued an order barring U.S. financial institutions from processing fund transfers to or from MEXC Global, with penalties for non-compliance. The enforcement restriction will formally take effect ...