Paxful Co-Founder Pleads Guilty to AML Conspiracy — Faces up to 5 Years in US Prison

A Paxful co-founder has pleaded guilty to conspiracy charges for failing to maintain an effective anti-money laundering (AML) program on the peer-to-peer cryptocurrency platform. This led to various criminal activities being conducted on the platform, according to the U.S. Department of Justice (DOJ). He faces up to five years in prison and will step down

Source: Bitcoin.com