Hi there, I’m the head of marketing & comms at Paxos! I’m glad to share with you that third parties do NOT have access to our code. We do have the ability to seize or freeze tokens (as required by our regulator), but as we clearly state in our Terms & Conditions, we will only do this if required by law. As long as people are using PAX for legal reasons, they should have no reason to be worried. In fact, being a regulated entity means their customer funds are protected to the *highest* degree possible.
We have state this information on our FAQ (screenshot below). Happy to answer any more questions. And, CP Processor TEAM, we never received an email from you or other query, but happy to follow-up anytime. Reach us at email@example.com if you have any other questions.