Paxful co-founder pleads guilty to intentionally neglecting AML protocols

Paxful Inc. co-founder and former CTO Artur Schaback pleaded guilty to conspiracy charges related to failing to maintain an effective anti-money laundering (AML) program on July 8, according to a Department of Justice press release. The DOJ said that Schaback’s negligence turned Paxful into a hub for money laundering, sanctions violations, fraud, romance scams, extortion schemes, […] source: https://cryptoslate.com/paxful-co-founder-pleads-guilty-to-intentionally-neglecting-aml-protocols/