📱 Artur Schaback, co-founder of Paxful, pleaded guilty to conspiring to fail to maintain an effective Anti-Money Laundering (AML) program. He could face up to 5 years in prison and a $5 million fine. Additionally, he will resign from the Paxful board. Schaback and a co-conspirator did not establish an effective AML program or Know Your Customer (KYC) program at the beginning of the business. This allowed Paxful to be used for money laundering and other criminal activities. What do you think of this case? Share your thoughts in the comments. 💬