💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
📌 How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
🏆 Rewards:
🥇 1st
The New York Department of Financial Services fined Paxos $26.5 million and required an additional $22 million in Compliance investment.
PANews August 7 news, according to the announcement on the official website of the New York Financial Services Department (DFS), Paxos was fined $26.5 million for failing to conduct adequate due diligence on its former partner Binance, and for significant deficiencies in its anti-money laundering compliance system. The investigation found that Paxos did not effectively monitor suspicious transactions involving Binance, leading to approximately $1.6 billion in illicit funds flowing in and out of Binance between 2017 and 2022. Additionally, Paxos's customer due diligence and transaction monitoring procedures have long been inadequate, failing to timely identify and address high-risk accounts and behaviors.