Paxful Co-Founder Faces 5 Years in Jail for AML Failure

Artur Schaback pleaded guilty on Monday to conspiring to fail to run an efficient AML program at the crypto exchange.

Artur Schaback pleaded guilty on Monday to conspiring to fail to run an efficient AML program at the crypto exchange.

It's unclear how Paxful plans to proceed, despite the platform's assurance that its wallet was completely operational" during the service's suspension

According to Ray Youssef, co-founder and CEO of Paxful, 88% of all frozen client accounts have been unfrozen.

Founder and CEO Ray Youssef declared the suspension of the Paxful marketplace

Paxful CEO states Ethereum network's transition to PoS has turned Ether into a 'digital form of fiat.