Paxos burns PAXG tokens in four FTX drainer walletsÂ
Reports surfaced yesterday that Paxos had burnt PAXG in four different FTX drainer wallets.
Paxos Freezes FTX-Linked Accounts with $19 Million
After FTX declared Chapter 11 bankruptcy, a series of unauthorized transactions happened on the company accounts.
Paxos Ordered by U.S. Officials to Freeze $19M in Crypto Tied to FTX
Federal law enforcement asked the crypto issuer to freeze assets associated with four ethereum addresses as investigations into FTX collapse intensify.
Paxos freezes assets tied to FTX after law enforcement directive
Paxos said it is working with law enforcement and has frozen assets in the wake of FTX’s collapse. The post Paxos freezes assets tied to FTX after law enforcement directive…
Paxos Freezes $19 Million in PAXG Tokens Linked to FTX
The company says the action, which targeted funds drained from FTX late Friday, came at the direction of U.S. law enforcement officials.
US Law Enforcement Directs Paxos to Freeze More Than 11,000 PAXG Tokenized Gold Coins
According to the blockchain infrastructure company Paxos, the firm has frozen 11,184.38 pax gold (PAXG) tokens held on the platform FTX.com. The regulated token issuer noted that it was directed…
Paxos freezes FTX funds following a US watchdogs directive
Over the weekend, Paxos announced the freezing of PAXG tokens in the FTX crypto exchange following a government directive. Several other networks also froze FTX and its leaders’ accounts in…
Stablecoin Issuer Paxos Plans to Hire at Least 130 in Singapore: Report
Co-founder Rich Teo told Bloomberg that the firm is planning a three-year expansion built around Singapore as its hub for growth outside the U.S
Paxos And USDC Issuer Circle Receive Regulatory Approval From Singapore
In a recent development, the stablecoin issuers Circle and Paxos have received approvals in Singapore. According to the report, the Monetary Authority of Singapore (MAS) signed the licenses for the…
Paxos granted Singapore license, plans to hire at least 130: Bloomberg
Paxos has plans to hire at least 130 people for its Singapore office after receiving a license to offer digital payment token services. The post Paxos granted Singapore license, plans…
