Calif. U.S. Attorney: Paxful Inc. Co-Founder Pleads Guilty to Conspiracy to Fail to Maintain Effective Anti-Money Laundering Program
July 09, 2024
July 09, 2024
SACRAMENTO, California, July 9 -- The office of the U.S. Attorney for the Eastern District of California issued the following news release on July 8, 2024:
The co-founder and former chief technology officer of Paxful Inc. pleaded guilty today to conspiracy to fail to maintain an effective anti-money laundering (AML) program.
According to court documents, from July 2015 to June 2019, Artur Schaback, 36, of Tallin, Estonia, used Paxful Inc. to operate Paxful, an online pe . . .
The co-founder and former chief technology officer of Paxful Inc. pleaded guilty today to conspiracy to fail to maintain an effective anti-money laundering (AML) program.
According to court documents, from July 2015 to June 2019, Artur Schaback, 36, of Tallin, Estonia, used Paxful Inc. to operate Paxful, an online pe . . .