Paxful Fined $4M After Admitting It Profited From Criminal Activity on Its Crypto Platform
Despite pleading guilty to serious AML violations, Paxful received a reduced $4 million penalty instead of the $112.5 million figure agreed by the parties. Peer-to-peer virtual asset trading platform Paxful has been sentenced to pay a $4 million criminal penalty after pleading guilty to multiple federal offenses, according to an official press release from the […]
