Paxful announced it will cease all operations by November 1, 2025, citing the lasting impact of historic misconduct by former co-founders Ray Youssef and Artur Schaback and unsustainable costs from extensive compliance remediation. The company said the decision is strategic and driven by long-term sustainability concerns despite reporting financial stability and growth under new ownership […]
Source: https://news.bitcoin.com/paxful-to-wind-down-operations-by-november-1-2025/