Wu Blockchain (@WuBlockchain): According to Reuters, Paxos Trust reached a $48.5 million settlement with NYDFS over insufficient due diligence on former partner Binance and weakness…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
According to Reuters, Paxos Trust reached a $48.5 million settlement with NYDFS over insufficient due diligence on former partner Binance and weaknesses in its AML compliance. The deal includes a $26.5 million fine and $22 million for compliance remediation. https://t.co/FO9p8vSla7