📢 Breaking News: Paxos Pays $48.5M Settlement! 💰💰
Paxos Trust has reached a $48.5 million settlement with NY regulators over past dealings with Binance.💰💰
🔍 Allegations include AML failures and weak due diligence related to its BUSD partnership.
📅 Transactions from 2017–2022 reportedly involved over $1.6B linked to illicit actors.
💬 Paxos claims no user funds were affected and issues are now fully resolved.💰💰
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