From TokenPost · · 40s
MEXC CEO Says Elliptic Removed Special-Risk Marker
MEXC CEO confirms Elliptic removed special-risk marker after FinCEN order.
In brief
MEXC CEO confirms Elliptic removed special-risk marker after FinCEN order. MEXC Global was moved from special-risk to standard exchange category by Elliptic following a FinCEN-related order. Originally reported by TokenPost.
MEXC CEO update
MEXC CEO Vugar Usi said Elliptic returned MEXC Global to standard exchange category and removed special-risk marker from system.
Services operating normally
Usi described deposit and withdrawal services as operating normally with increased but orderly withdrawal activity.
Independent review underway
MEXC started independent review of anti-money laundering and sanctions controls and seeks constructive engagement with FinCEN.
What matters most
MEXC Global was moved from special-risk to standard exchange category by Elliptic following a FinCEN-related order.
