๐จCrypto Drama Alert!๐จ Paxful's former tech head honcho, Artur Schaback, is in hot water for playing fast and loose with Anti-Money Laundering (AML) rules. ๐ฒ He's pleaded guilty and could face up to 5 years in the slammer! Plus, a whopping $5 million fine to be paid in three installments.
Paxful, once a no-KYC-required platform, is now under scrutiny for enabling all sorts of shady dealings, from money laundering to romance scams. (Who knew crypto could be so romantic? ๐)
Schaback and an unnamed co-conspirator even had the audacity to present a plagiarized AML policy when asked! Talk about cutting corners.
What's your take on this crypto soap opera? Let's chat in the comments! ๐ #PaxfulDrama #CryptoNews