e Bank Secrecy Act. Prioritizing Profit Over Compliance Paxful Holdings, a peer-to-peer cryptocurrency trading platform, has been sentenced to pay a $4 million criminal penalty after admitting to
Defunct P2P Crypto Platform Paxful Sentenced to $4M Penalty for Money Laundering, Travel Act Violations
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Peer‑to‑peer cryptocurrency trading platform Paxful was sentenced to pay a $4 million criminal penalty after pleading guilty to conspiring in schemes that promoted illegal prostitution and violated the Bank Secrecy Act. Prioritizing Profit Over Compliance Paxful Holdings, a peer-to-peer cryptocurrency trading platform, has been sentenced to pay a $4 million criminal penalty after admitting to