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SEC lines up lawsuit against crypto firm Paxos over Binance token
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fnlondon.comThe Securities and Exchange Commission has told crypto firm Paxos that it plans to sue the company for violating investor protection laws, according to people familiar with the matter, the latest move in the agency’s escalating campaign in crypto enforcement.
The SEC’s enforcement staff issued a letter to Paxos known as a Wells notice, which the agency uses to inform companies and individuals of a possible enforcement action, according to the people.
The...
Read more on fnlondon.comAbout this in other media
SEC Cracks Down on Stablecoins, Targeting Paxos investopedia.com /1 year ago
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SEC plans to propose new rule changes that could impact crypto firms blockchain.news /1 year ago
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