Does it concern anyone else about how all of these other offshore CEXs with little to no US presence rush to immediately cut off MEXC users from transferring assets?
Who is actually being protected by it…
What % of MEXCs total volume was illicit?
I can go to any large CEX and flag 9-10 figs in illicit activity.
I think anyone can agree MEXC historically has had a quite relaxed AML / KYC policy.
But the $16B illicit amount being alleged by FinCEN seems overstated to me so I’d like to see the data and comps.
Starts to feel a bit of gov’t overreach for cases like HTX or MEXC when much worse offenders like Kucoin are not being sanctioned...
@BryceWeiner whats funny about this is mexc was not available for us customers prior to this, but they recently implemented kyc in some attempt to be compliant in certain jurisdictions, only to be flagged harder. i wonder if they would have flagged them if they wouldnt have implemented kyc.
JUST IN: 🇺🇸 Anti-crypto Senator Elizabeth Warren expected to become Chair of Senate Banking Committee, giving her major power over the financial industry.
BREAKING: The Volatility Index, $VIX, surges over +70% on the day, on track for its biggest daily gain since February 2018.
Not even March 2020 saw a daily jump in volatility like we are seeing now.
a and b were floppy drives, bootable, hdd was too small back in the day to run everything so it was 3rd in bios order. then came d which was cd-rom if you were rich... damn im old