According to CoinMeta, on November 6th, the US Treasury Department issued a directive identifying MEXC Global as a major target for money laundering concerns, prohibiting US financial institutions from conducting financial transactions with it. This directive took effect on December 10th and has no expiration date. The directive states that over a five-year period ending in May 2026, MEXC Global was involved in evading Russian sanctions by nearly $1.5 billion, directly traded $232 million with sanctioned entities, was associated with a A7 network worth at least $26 million, was linked to A7A5 ruble-stabilized coins worth nearly $200 million, and had transactions with over 40 Iranian exchanges totaling approximately $1 billion as of June 2026. MEXC Global continued to have transactions with Garantex and its successor, Grinex. FinCEN claimed that although MEXC Global prohibits users from Iran and North Korea, compliance loopholes allow sanctioned parties to still use it, and this directive does not apply to its entities registered within the United States.