Paxful’s Sinful Bitcoin Ballet: $4M Fine for Dancing with Devils

The charges? A veritable cabaret of crimes: conspiring to promote illegal prostitution, running an unlicensed money-transmitting business, violating the Bank Secrecy Act, and-the pièce de résistance-knowingly transmitting funds from criminal endeavors. Quite the résumé for a company that once claimed to be a beacon of financial freedom.


