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

https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-09/b2dec35d-5fff-43fa-b375-51bfe64bbb30.jpg

The account that paid $500,000 to move $2,000 worth of Bitcoin was a Paxos server, the company stated.

https://cointelegraph.com/news/paxos-confirms-responsible-for-500k-mistaken-bitcoin-transaction