Binance Halts MEXC Transfers on November 10 After FinCEN Money Laundering Flag

Binance said on November 10 it will stop processing transactions involving MEXC and its affiliates after FinCEN named MEXC a primary money laundering concern. Users cannot send or receive funds directly or indirectly through Binance to these entities. Outgoing transfers are rejected, incoming deposits held for compliance review, and affected accounts may face restrictions or service termination.