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SEC lines up lawsuit against crypto firm Paxos over Binance token
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The 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
Binance closes derivative positions of some Australian traders ambcrypto.com /1 year ago
SEC Cracks Down on Stablecoins, Targeting Paxos investopedia.com /1 year ago
Crypto Movement at a Glance: Filecoin, Astar among top gainers economictimes.indiatimes.com /1 year ago
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