Bitcoin Exchange Paxful Faces $4 Million Fine For Conspiring To Promote Illegal Prostitution
Paxful, as soon as one of many largest peer‑to‑peer (P2P) Bitcoin marketplaces, has agreed to pay a $4 million legal penalty after pleading responsible to a number of federal offenses, the US Department of Justice (DOJ) introduced Wednesday. The fees embody conspiracies to advertise unlawful prostitution, function an unlicensed cash transmitting enterprise, violate the Bank…
