David_Schwartz

News 2026 November 7, 06:00 (1 day ago )

6h Crypto Recap: XRP, MEXC, UNI, Uniswap, FinCEN — Tension Builds

#FinCEN moved to cut #MEXC off from access to the US banking system. The action was tied to allegations of large-scale illicit flows.

#MEXC was linked in the report to $16.7B in alleged illicit flows. The claims centered on money laundering and related compliance concerns.

#XRP Ledger leadership addressed network abuse concerns. #David_Schwartz highlighted efforts aimed at reducing #XRP spam activity.

#XRP discussion focused on spam and network quality issues. The crackdown theme drew attention to how activity is measured on-chain.