Paxful

Highlights: FinCEN fined Paxful $3.5 million for processing $500 million in suspicious transactions. Paxful failed basic anti-money-laundering rules, ignored regulations, and removed senior staff. The company shut its marketplace two years ago due to compliance and operational challenges. The US […]

Highlights: Artur Schaback pleads guilty to AML failures and faces five years in prison Paxful suspends operations amid legal and operational challenges Schaback’s actions trigger scrutiny under the Organized Crime Drug Enforcement Task Force Investigation Artur Schaback, the co-founder and […]