OKX Warns MEXC Users of Deposit Freezes Ahead of FinCEN Cutoff
6 Articles
6 Articles
OKX Warns MEXC Users of Deposit Freezes After FinCEN Action Crypto News ETHNews
OKX founder Star Xu has advised users to temporarily avoid direct transfers from MEXC as deposits face enhanced compliance screening. FinCEN identified at least $16 billion in allegedly illicit MEXC-linked transactions, but its order does not impose a universal freeze on customer wallets. Self-custody offers an alternative for holding accessible assets, although intermediary wallets do […]
OKX Warns MEXC Users of Deposit Freezes Ahead of FinCEN Cutoff
CEO Star Xu said OKX treats FinCEN special measures with caution 'similar to sanctions' after customers reported USDT deposits held for review.... Read the full story at The Defiant
MEXC USDT Withdrawals: 6 of 18 Networks Open After FinCEN
Cryptocurrency exchange MEXC has acknowledged temporary USDT withdrawal suspensions across certain blockchain networks, less than a day after the U.S. Treasury ordered American financial institutions to stop processing transfers involving the exchange over $16.7 billion in suspected illicit transactions. On November 7, MEXC's customer support account attributed the interruptions to routine network maintenance, telling affected users that pending…
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