Ray Youssef, CEO of Paxful, a peer-to-peer cryptocurrency marketplace, has announced that it will suspend market services and is unsure whether it will restart. Paxful wallets are available for clients to withdraw their funds. Ray Youssef said, "Regulatory challenges in the industry continue to increase, especially in the peer-to-peer market and the United States. While we address these issues, we will take the safest option." At the end of March, Paxful founder Ray Youssef tweeted that the Refunding Paxful users who lost funds in Celsius Earn, users' Celsius funds will be available in their Paxful wallets later this week.