Paxful Co-founder Artur Schaback Pleads Guilty to 'Conspiracy to Fail to Maintain an Effective AML Program'

"Schaback allowed customers to open accounts and trade on Paxful without gathering sufficient know-your-customer (KYC) information; marketed Paxful as a platform that did not require KYC; presented fake AML policies to third parties that he knew were not, in fact, implemented or enforced at Paxful; and failed to file a single suspicious activity report, despite knowing that Paxful users were perpetrating suspicious and criminal activity."

https://www.nobsbitcoin.com/paxful-co-founder-artur-schaback-pleads-guilty-to-conspiracy-to-fail-to-maintain-an-effective-aml-program/