Binance

Rule Changes

Blocking MEXC-linked transfers

The Financial Crimes Enforcement Network ordered U.S. financial institutions on November 6 to stop sending or receiving funds to MEXC Global, a Seychelles-based crypto exchange. FinCEN says the platform moved at least $16 billion tied to sanctions evasion and cybercrime between May 2021 and May 2026.

Updated Yesterday

Money Moves

Has replaced 98% of affected assets, restored withdrawals across 15 networks by November 9, and rebuilt the compromised wallet system; about $2.85 billion of the haul is frozen or intercepted

Binance has reopened withdrawals on most of the networks it shut after the October 29 theft, and says it has replaced 98% of the $6.34 billion in affected assets. Its incident report traces the breach to a tampered software tool in June and a fake job interview in September.

Updated 2 days ago

Force in Play

Provided Belenkiy's transaction records to Russian investigators

A Russian military court sentenced Yuri Belenkiy, a 49-year-old IT specialist, to 13 years in prison for sending roughly $1,500 in cryptocurrency to Ukrainian fundraising campaigns. The conviction rested on transaction records that Binance, the world's largest crypto exchange, handed to Russian investigators.

Updated Oct 27

Money Moves

As of September 2026: Bought $100M Circle stake under five-year USDC promotion deal

Binance bought $100 million of Circle stock on Sept. 17, becoming a part-owner of the company behind USD Coin (USDC), the second-largest stablecoin. The equity purchase came with a five-year commercial agreement that pays Binance a monthly fee tied to USDC holdings it helps grow.

Updated Sep 23