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Coin Edition

2023-02-13 07:48:00

BUSD Issuer Paxos Faces SEC Lawsuit Over Binance Stablecoin

BUSD Issuer Paxos Faces SEC Lawsuit Over Binance Stablecoin

Paxos Trust Company, the issuer of the world’s third-largest stablecoin, is reportedly facing a lawsuit from the Securities and Exchange Commission (SEC). According to a recent report, the crypto firm is being accused of violating investor protection laws over Binance’s BUSD stablecoin. People familiar with the matter revealed that the SEC’s enforcement department has issued The post BUSD Issuer Paxos Faces SEC Lawsuit Over Binance Stablecoin appeared first on Coin Edition .

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