Also see this thread: “Crypto Firm Paxos Faces SEC Lawsuit over Binance USD Token” https://news.ycombinator.com/item?id=34769460 https://news.ycombinator.com/

Also see this thread: “Crypto Firm Paxos Faces SEC Lawsuit over Binance USD Token” https://news.ycombinator.com/item?id=34769460 https://news.ycombinator.com/item?id=34769460 Edit: Coindesk has shared the details of The Wall Street Journal’s reporting: > “Following the news of the SEC's legal action, Binance issued a statement that it would be reviewing projects in uncertain markets where regulatory uncertainty could cause detriments to its users. > “The NYDFS said that it had instructed Paxos to cease minting BUSD due to several unresolved issues related to Paxos’ oversight of its relationship with Binance. Paxos said it is ending its relationship with Binance for BUSD.”