What is yPAXG? Is it affiliated with Paxos?
Paxos is not affiliated with yPAXG or yPAXGold.Finance in any way. It appears to be a product that accepts ETH tokens and promises PAXG in return. We have received many questions about it. We are not connected and do not recommend it. Please be cautious and do thorough research before making any investment decisions with any of your assets.
Can you stop yPAXG?
Paxos has alerted blockchain monitoring partners of this group and alerted its regulator of this scheme. We’ll work cooperatively with any agencies and partners to protect consumers. We do not have any contact with yPAXG and Paxos is not affiliated with this group.