Paxful Holdings has been mandated by a judge to pay a $4 million fine after the company deliberately invited criminals onto its platform and turned a blind eye to their illegal activities. The company ...

In December, the Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) announced a $3,500,000 civil penalty against Paxful, Inc. and Paxful USA, Inc. (“Paxful”), pursuant to a consent ...

Bitcoin marketplace Paxful pleaded guilty to a three-count criminal information on Tuesday, saying in court it helped criminals move funds and profit from illegal activity including prostitution, ...

US prosecutors said Paxful marketed itself as a non-KYC platform and presented anti-money laundering policies that it knew “were not implemented or enforced.” Peer-to-peer crypto exchange Paxful has ...

Manfred Bekeris, chief compliance officer at cypto peer-to-peer network Paxful, sat down with Compliance Week to talk about how the company is ramping up the compliance function following its former ...

Paxful’s shutdown has left its global community heartbroken, but it has significantly impacted the Nigerian community, where it pioneered P2P crypto use. The shutdown of the peer-to-peer (P2P) ...