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The Co-Founder of Paxful Inc. has pleaded guilty to negligence surrounding conspiracy to willfully fail to maintain an effective anti-money laundering (AML) program. Court documents relating to the Justice Department case allege that Artur Schaback purposefully neglected the operational governance of the Paxful platform. Paxful Co-Founder pleads guiltyThe platform was intended to be used as a place for online transactions and online currency trading. However, this would become a hotbed of illegal activity without robust processes to keep shady forces at bay. The court documents point the finge…

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