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Crypto company Paxos confirms receiving SEC lawsuit threat about stablecoin BUSD

Stablecoin issuer Paxos said Monday that it received a Wells Notice from the U.S. Securities and Exchange Commission on Feb. 3, confirming a report by the Wall Street Journal on Sunday.

Stablecoin issuer Paxos said Monday that it received a Wells Notice from the U.S. Securities and Exchange Commission on Feb. 3, confirming a report by the Wall Street Journal on Sunday.

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