Day: 9 July 2024

Zodia Custody Partners with Maple Finance to Enhance Security and Options for Digital Asset Lending

Maple Finance has designated Zodia Custody as its preferred custodian for global lending arrangements. This means collateral pledged to Maple Finance will be securely held by Zodia Custody, allowing customers to unlock the value of their digital assets within Zodia's secure ecosystem. Additionally, Zodia Custody will support Maple Finance's native ...

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Paxful Co-Founder Artur Schaback Admits to AML Failures, Faces Up to 5 Years in Prison and $5M Fine

Paxful co-founder and former Chief Technology Officer Artur Schaback faces up to five years in prison after pleading guilty to conspiring to neglect Anti-Money Laundering (AML) compliance at the cryptocurrency exchange. On Monday, July 8, 2024, the United States Department of Justice announced that Schaback's sentencing is scheduled for November ...

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