Peer-to-peer crypto exchange Paxful has been ordered to pay $4 million after admitting it knowingly profited from criminals who used its platform because of its lack of anti-money laundering checks.

Virtual currency platform Paxful Holdings Inc. was sentenced to pay $4 million after pleading guilty to enabling prostitution, money laundering, and fraud on its platform. Federal prosecutors said ...

Paxful Holdings Inc., a peer-to-peer virtual asset exchange that is no longer operational and has been processing withdrawals for the past few months, has been ordered to pay a $4 million criminal ...

Add Yahoo as a preferred source to see more of our stories on Google. Israel arrest, crypto espionage. Photo by BeInCrypto NoOnes founder Ray Youssef is being investigated by the US Department of ...