Paxful | ForkLog

ForkLog 12 09.07.2024

Paxful Co-Founder Admits Guilt in Money Laundering Case

Paxful co-founder Artur Schaback has admitted guilt for failing to implement an effective anti-money laundering (AML) program on the company’s P2P platform. Paxful Inc. Co-Founder Pleads Guilty to Conspiracy to Fail to Maintain Effective Anti-Money Laundering Program ?: https://t.co/B3DCa5DFQY pic.twitter.com/Zbkgi90dEr — Criminal Division (@DOJCrimDiv) July 8, 2024 According to court documents, the former executive managed […]

AI translated

ForkLog 31 29.04.2024

Lazarus Group Launders $200 Million from 25 Crypto Attacks, Report Reveals

On-chain researcher ZachXBT tracked the movement of $200 million stolen by the Lazarus Group hackers in 25 cyberattacks from August 2020 to October 2023. Lazarus Group hacks in 2020–2023. Data: TRM Labs. 2020: CoinBerry, Unibright, and CoinMetro Hacks In August, the perpetrators withdrew $370,000 from the hot Bitcoin and Ethereum wallets of the Canadian crypto […]

AI translated

ForkLog 7 08.05.2023

Paxful co-founder outlines plan to relaunch P2P platform

Co-founder and CEO{{AOPEN_1}} of Paxful's P2P platform, which was shut down in April{{ACLOSE_1}}, Ray Youssef said he aims to launch a clone named Civ Kit that is 'censorship-resistant and globally accessible.' The Block reports.

AI translated

ForkLog 24 17.04.2023

Paxful CEO announces unfreezing of 88% of accounts

On 16 April, Paxful CEO Ray Youssef announced that 88% of user accounts on the P2P cryptocurrency trading platform had been unfrozen.

AI translated

ForkLog 12 07.04.2023

Journalists identify likely cause of Paxful shutdown

A deadlocked court dispute between Paxful co-founders Artur Shabaka and Ray Yussef appears to have been the real reason for the sudden cessation of Paxful's P2P platform on April 4. Cointelegraph suggested as much.

AI translated

ForkLog 10 04.04.2023

Paxful chief announces closure of trading platform

A screenshot of a message from the purported Paxful CEO Ray Youssef about the closure of the P2P platform for cryptocurrency trading was posted on Twitter.

AI translated

ForkLog 4 21.12.2022

Paxful CEO criticises Ethereum and announces delisting of the asset

Paxful chief executive Ray Youssef told 11.6 million customers in a newsletter that on December 22 at 15:00 (MSK) the platform will delist Ethereum.

AI translated

ForkLog 12 12.12.2022

Paxful CEO Urges Self-Custody of Bitcoin

Ray Youssef, CEO of Paxful, a P2P platform for trading Bitcoin, has urged self-custody of Bitcoin rather than keeping funds on centralized exchanges.

AI translated

ForkLog 7 14.09.2021

Paxful Integrates Lightning Network

On September 14, the Paxful P2P platform for trading Bitcoin announced the integration of the Lightning Network.

AI translated

uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 12 03.06.2021

Paxful launches B2B service to accept Bitcoin payments

The Paxful P2P platform has launched a service that enables companies worldwide to accept Bitcoin. Its clients can choose from 400 payment methods.

AI translated

ForkLog 10 22.04.2021

Nigeria’s P2P trading volume rises 27% after Bitcoin-exchange accounts were closed

Three months after the Central Bank of Nigeria (CBN) barred banks from servicing crypto-related companies, Nigeria's peer-to-peer trading volume rose by 27%.

AI translated

ForkLog 16 09.04.2021

Data of 4.8 million Paxful P2P platform users exposed on dark-net forum

A dump of the Paxful P2P platform's registered users and employees' database has been posted for sale on an English-language dark net forum.

AI translated

#Paxful