Peer-to-peer bitcoin marketplace and a universal money translator.
Paxful is the world’s largest Peer-to-Peer Bitcoin Marketplace and a universal money translator. Paxful’s mission is to give working people a simple, fair and secure platform for trading the value of their work. Paxful is dedicated to unlocking the power of people by building a global peer to peer payment logistics platform of the future.
Powered by people and blockchain technology, not big banks, the company offers support for a payment system that empowers merchants and ecommerce shoppers. This opens up a new market of 2 billion people who have no access to banking services, but do have the ability to buy bitcoin via one of the 300+ payment methods enabled by Paxful.
The DoJ alleges that Schaback failed to file any related reports, despite being aware that Paxful users were engaging in suspicious and criminal activities.
After five years of service, Hotbit joins Paxful and Bit4You to exit the crypto market.
The internal issues of Paxful stem from nothing else but the sour relationship between co-founders Youssef and Schaback.