Paxful Bitcoin Exchange Agrees to Guilty Plea in Money Laundering Case

Dec 11 2025 bitcoin


Paxful Holdings Inc., the operator of a peer-to-peer Bitcoin exchange, has agreed to plead guilty to federal charges for facilitating money laundering and other criminal activities, resulting in $7.5 million in penalties from the U.S. Department of Justice and FinCEN. Paxful processed over $3 billion in trades from 2017 to 2019, knowingly enabling fraudsters and [...]

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