Crypto network Paxful will plead guilty to BSA violations, pay $4M fine, shut down
By 
Oscar Gonzalez2025-12-11T21:14:00
Paxful, a crypto peer-to-peer network, will plead guilty to multiple federal criminal charges related to violations of the Bank Secrecy Act (BSA), among others. The plea agreement follows years of scrutiny from regulators over anit-money laundering (AML) compliance failures, which led to the co-founder of the company being criminally charged last year.
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