Binance Blocks MEXC Transfers, Warns iPhone Users of iOS Flaw

Key insights Binance warns iPhone users that an iOS flaw could expose seed phrases, private keys, and login details. Binance blocks transfers involving MEXC, MEXC Global, and their related entities following a FinCEN designation. Users face account reviews and possible temporary restrictions over direct or indirect MEXC transactions. Binance announced restrictions on MEXC-linked cryptocurrency transfers on Nov. 10, 2026, following a U.S. financial-crime designation. The exchange separately warned iPhone users about a software flaw that could expose sensitive wallet files. The two notices concern different risks and require different responses from customers. Binance’s notice to MEXC followed a Nov. 6 order from the Financial Crimes Enforcement Network (FinCEN). The agency alleged that MEXC Global facilitated at least $16 billion in illicit transactions over five years.

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