{"id":375087,"date":"2023-02-13T05:46:24","date_gmt":"2023-02-13T10:46:24","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=375087"},"modified":"2023-02-13T06:02:17","modified_gmt":"2023-02-13T11:02:17","slug":"sec-to-sue-paxos-for-issuing-binance-usd-coin","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/sec-to-sue-paxos-for-issuing-binance-usd-coin","title":{"rendered":"SEC to Sue Paxos for Issuing Binance USD Coin"},"content":{"rendered":"

The U.S. Securities and Exchange Commission plans to take legal action against cryptocurrency company Paxos Trust Co. for violating investor protection laws. According to a <\/span>report <\/span><\/a>from the Wall Street Journal, the SEC intends to investigate and sue the Binance USD (BUSD) stablecoin issuer for selling unregistered securities. <\/span><\/p>\n