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.
MEXC has made a statement that funds remain secure and everything is operating normally[1]
It's still unclear to me as to what does this mean in terms of sending funds from MEXC to other non-US based platforms, but it's probably a good idea to avoid doing that.
It might also be a good idea to not use the exchange all together, just in case thigs goes south in the future.
[1]
https://x.com/MEXC/status/2118856659619717218
