CoinOtag
2024-07-10 03:48:35

Former Paxful CTO Artur Schaback Pleads Guilty to AML Failures, Faces Up to 5 Years in Prison

Paxful’s co-founder and former chief technology officer, Artur Schaback, recently pleaded guilty to serious charges related to anti-money laundering (AML) non-compliance. The US Department of Justice (DOJ) has accused him of failing to establish and maintain an adequate AML program as mandated by the Bank Secrecy Act. Schaback is alleged to have permitted Paxful to

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