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Crypto briefing · Sunday, November 8, 2026 · Daily edition · Story 5 of 5

U.S. targets MEXC over $16.7 billion in suspected illicit crypto transactions
MEXC faces $126 million in outflows as U.S. authorities take action over $16.7 billion in suspected illicit transactions. The move is part of a broader effort to address illicit finance involving crypto exchanges.
Why it matters: This action highlights increased regulatory scrutiny on crypto exchanges involved in suspicious financial activities.
Sources: CryptoSlate · CoinDesk
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