PayPal hit with SEC subpoena over new PYUSD stablecoin
On November 1, PayPal issued its Q3 earnings report, and in a separate filing, the company revealed that it received a subpoena from the U.S. SEC relating to PayPal USD stablecoin.
On November 1, PayPal issued its Q3 earnings report, and in a separate filing, the company revealed that it received a subpoena from the U.S. SEC relating to PayPal USD stablecoin.
The subpoena was called out as fake by HEX supporters, but most switched from denial into panic as instructions flew on HEX-related Telegram and Discord channels about how to destroy documents.
Shares of Nasdaq-listed Marathon Digital Holdings Inc. dropped by 27% after receiving a subpoena from the U.S. securities regulator regarding its endeavors related to a Hardin, Montana Data Center.
After serving the Terraform CEO with subpoenas at recent public event, the securities regulator said the startup has failed to comply with the legal requests.
The U.S. Commodity Futures Trading Commission reportedly rejected an FOIA request for the subpoenas that were allegedly issued to cryptocurrency exchange Bitfinex and ‘stablecoin’ Tether.