Authorities in the US have ordered cryptocurrency company Paxos to block $19 million worth of cryptocurrencies associated with FTX.
The U.S. Treasury Department launched an investigation into cryptocurrency exchange FTX after it filed for bankruptcy.
According to a statement made by Paxos, authorities have instructed Paxos to freeze a total of $19 million worth of cryptocurrencies held at four different ethereum addresses.
Paxos, in line with this instruction, in total held on FTX’s platform 11,184 PAXG tokens He decided to freeze.