Paxful
U.S. DOJ hits Paxful for $4 million in case tied to illegal sex work, money laundering
The crypto platform's penalty was sharply reduced due to its ability to pay, according to U.S. authorities.
Paxful Pleads Guilty to Aiding Crime, Ignoring AML Laws
The DOJ said the firm knowingly facilitated illicit trades tied to sex work, sanctions evasion, and fraud, earning millions in fees while ignoring U.S. law.
P2P Bitcoin Exchange Paxful Back Online After Temporary Suspension
The platform shut down in April after the CEO expressed concerns about the safety of customer funds owing to a lawsuit from its co-founder.
Breaking Down Bitcoin Marketplace Paxful’s Unraveling
Founded in 2015, Paxful became one of the most popular places to buy bitcoin in Africa and other emerging markets, and it had more than 200 employees. CoinDesk Bitcoin Protocol Reporter Frederick Munawa breaks down what happened behind the scenes ahead of Paxful shutting down operations earlier this month.
Paxful CEO Proposes New Peer-to-Peer Electronic Market System; Bitdeer Stock Slumps Nearly 30% in Trading Debut
Earlier this month, peer-to-peer bitcoin marketplace Paxful suspended its operations. Now, Paxful co-founder Ray Youssef is co-authoring a white paper on a new peer-to-peer electronic market system. Separately, Bitdeer's (BTDR) shares dropped nearly 30% after the bitcoin miner was listed on the Nasdaq Friday.
Drugs, Erratic Dismissals and Feuding Founders: Behind Bitcoin Marketplace Paxful’s Unraveling
Founded in 2015, Paxful became one of the most popular places to buy bitcoin in Africa and other emerging markets, and it had more than 200 employees. Behind the scenes, though, staff took paid trips to music festivals, bosses fought, dismissals reportedly occurred on a whim, and the smell of cannabis permeated the office.
First Mover Americas: Ether Rising Ahead of Upgrade
The latest price moves in crypto markets in context for April 5, 2023.
As Bitcoin Platform Paxful Closes, Co-Founder Youssef Talks Up Alternatives
A white paper for Civilization Kit, a decentralized bitcoin peer-to-peer marketplace that also allows users to build their own decentralized marketplaces, will be published in one or two weeks, says Paxful co-founder Ray Youssef. In the meantime he endorses Noones, which describes itself as a “bitcoin peer-to-peer super app for the Global South.”
Paxful CEO Addresses Peer-to-Peer Bitcoin Exchange Suspending Its Operations
Paxful, the peer-to-peer (P2P) platform for trading bitcoin (BTC), is suspending its marketplace and is unsure whether operations will resume. Paxful CEO Ray Youssef joins "All About Bitcoin" to break down the reasons behind the pause and shares his outlook on lingering regulatory headwinds in the U.S.
