NEW YORK FINANCIAL REGULATOR SAYS PAXOS TRUST REACHES $48.5 MILLION SETTLEMENT OVER ANTI-MONEY LAUNDERING AND DILIGENCE FAILURES RELATED TO BINANCE –

Main Idea
The New York financial regulator announced that Paxos Trust has reached a $48.5 million settlement.
Key Points
1. Paxos Trust has agreed to a $48.5 million settlement with the New York financial regulator.
Description
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