This strategic choice follows the lasting impact of historic misconduct by former co-founders Ray Youssef and Artur Schaback prior to 2023, combined with unsustainable operational costs from extensive compliance remediation efforts. Paxful unequivocally condemns the past actions of its former co-founders, which are inconsistent with the company’s current values and ethical standards under new ownership.
I used to use Paxful before they pushed the KYC and once I hit the trade limit I was done. Scored some great P2P deals on there, oh well hopefully that volume moves to robosats, peach and nostr
Why would one write this?
I wonder. Back in 2020-2021 Ray explained it pretty clear, why they work in Africa and why they spend so much on compliance.
Bitcoin Global P2P just shut down too.
#1235257
Wonder if there's new regulations somewhere or something impacting P2P trading.
AML/KYC is forced on every crypto service, including p2p.
Not on Robosats
Sure, because the coordinators are stealth.
I remember them
NYKNYC
I used to use Paxful before they pushed the KYC and once I hit the trade limit I was done. Scored some great P2P deals on there, oh well hopefully that volume moves to robosats, peach and nostr
They blame two former managers...