Binance just announced the blocking of all Mexc-related entities, which is definitely a tough blow for Matcha. A couple of days ago, while using my @Plasma card, I saw that @MEXC had been blocked and specifically looked into the details. It turns out that Matcha's situation is more serious than HTX's last problem, because it was specifically targeted by the US Treasury Department, while HTX is a UK-based exchange (reportedly nearing a settlement). However, other exchanges haven't mentioned this yet, so I plan to wait and see. After all, Plasma is an American company, so a swift response is to be expected. But Binance just announced that it has stopped transfers to all Matcha-related exchange entities, so the impact of this policy seems to be rapidly expanding. The market is currently extremely sluggish. Many small and medium-sized centralized exchanges are not only facing shrinking liquidity, but now they are also being targeted for providing convenient channels for sanctioned entities and illicit activities. More importantly, they can't see where the future lies. That's why I said a long time ago that a lot of weak exchanges would go bankrupt this winter. Matcha is relatively well-established among second-tier exchanges, but for safety's sake, I also withdrew the remaining 10,000 USDT from Mexc to the blockchain . Everyone, please be careful. We'll see how things go after the market recovers and the blockade is lifted. ~ ... FinCEN has accused MEXC of processing approximately $16.7 billion (about $16.7 billion) in suspicious illicit transactions between May 2021 and May 2026, involving: • Russian sanctions circumvention ($1.5 billion, including direct transactions with sanctioned entities) • Activities related to Iran and North Korea • Cybercrime, etc. The order is based on Section 9714 of the Countering Russian Money Laundering Act. It will officially take effect 30 days after publication in the Federal Register. While not yet fully effective, market reactions have already begun.