US DOJ secures guilty plea from Paxful, fines $4M for AML failures and ties to trafficking sites. Platform facilitated 26M trades worth ~$3B (2017-2019), with $2.7M revenue from Backpage-like partners. Paxful halted ops in Nov.
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US DOJ secures guilty plea from Paxful, fines $4M for AML failures and ties to trafficking sites. Platform facilitated 26M trades worth ~$3B (2017-2019), with $2.7M revenue from Backpage-like partners. Paxful halted ops in Nov.