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 ...