Bitcoin World
2024-07-10 11:52:18

Paxful Co-Founder Faces Prison For Failing to Implement AML Protocols

Artur Schaback, co-founder and former CTO of Paxful, faces up to five years in prison after admitting to failing to implement essential Anti-Money Laundering (AML) protocols at the cryptocurrency exchange. The US Justice Department revealed that Schaback’s sentencing is set for November 4, following his guilty plea on July 8. Schaback’s plea deal includes a

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