OKX founder and CEO Star Xu advised users to temporarily avoid transferring funds directly from MEXC to OKX. OKX is strengthening its risk controls according to prudent standards similar to those used in financial sanctions, in response to FinCEN's designation of MEXC as a "major money laundering concern." Funds from related platforms may be frozen for review, and related accounts may require further investigation. Despite FinCEN's 30-day transition period, OKX chose to significantly tighten its measures ahead of schedule rather than waiting for the deadline. Protecting user interests and the security of the financial system are the highest priorities. Background: On November 6th, FinCEN accused MEXC of facilitating approximately $16.7 billion in suspicious transactions between May 2021 and May 2026.