According to Wu Blockchain on November 10th, Binance announced it will cease processing fund transfers involving MEXC and its affiliated entities, following FinCEN’s designation of MEXC as a primary money laundering concern. According to reports, users are prohibited from directly or indirectly sending or receiving funds to or from these entities via Binance; outgoing transfers will be rejected, while incoming funds will be held pending compliance reviews, and affected accounts may face further restrictions or termination of services. The involved entities include MEXC Global Limited, MEXC Estonia OÜ, MEXC Singapore Pte Ltd, and other MEXC-affiliated entities. This news is sourced from Wu Blockchain and has not yet been officially confirmed by Binance.