Paxos confirms it’s responsible for $500K mistaken Bitcoin transaction

by Aurelia Butler 13 September 2023, 21:00 119 Views

The statement comes after users on X (formerly Twitter) were speculating that PayPal may have been responsible for the transaction due to a related wallet account that had been identified by analytics platform OXT as belonging to PayPal. A Paxos representative told Cointelegraph that PayPal was not responsible, as the error was its own, stating:

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Source: Cryptocurrency - investing.com

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Paxos confirms it’s responsible for $500K mistaken Bitcoin transaction

Former Starbucks CEO Howard Schultz steps down from coffee chain’s board

Ripple says security incident accelerated its acquisition of Fortress Trust

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