News with the tag "paxful"

Discover the basics of crypto arbitrage — take advantage of price discrepancies between exchanges to generate profit.

The co-founder and former director of peer-to-peer cryptocurrency marketplace Paxful has pleaded guilty to charges related to the platform’s failure to gather sufficient know-your-customer (KYC) information from its users. Paxful is a virtual currency platform and money transmitting business where u...

Artur Schaback, co-founder and former CTO of Paxful, faces up to five years in prison after admitting to failing to implement essential Anti-Money Laundering (AML) protocols at the cryptocurrency exchange. The US Justice Department revealed that Schaback’s sentencing is set for November 4, following...

A Paxful co-founder has pleaded guilty to conspiracy charges for failing to maintain an effective anti-money laundering (AML) program on the peer-to-peer cryptocurrency platform. This led to various criminal activities being conducted on the platform, according to the U.S. Department of Justice (DOJ...

As per the latest press release from the U.S. Department of Justice on Monday, July 8, Paxful co-founder Artur Schaback has pleaded guilty to conspiracy and failing to maintain the platform’s anti-money laundering (AML) program. As a result, Artur Schaback has to immediately resign from Paxful’s boa...

Artur Schaback, one of the co-founders of crypto exchange Paxful, has agreed to a plea deal with U.S. prosecutors that could see him locked up for five years.

Paxful, the peer-to-peer cryptocurrency platform, has announced a significant reduction in transaction fees for gift cards. The company has slashed its fees by 80%, from the industry standard of 5% to just 1%. This has already resulted in a surge in gift card volumes and trader interest according to...

Source: Adobe / Rizu Designs Former Paxful CEO Ray Youssef has been appointed as CEO of Noones, a financial communication app aimed at integrating the Global South into the world’s financial systems. Noones has announced the appointment of Ray Youssef as its CEO following its official launch, which ...

From “The Withdrawal Issue”, Ray Youssef tells the story of how Paxful began falling apart due to mismanagement.

Paxful, a peer-to-peer Bitcoin trading platform, has introduced the option for users to transact Bitcoin using Costco Cash cards.