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Paxful is a popular peer-to-peer cryptocurrency marketplace that
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Paxful is a digital asset exchange company headquartered in New
York City. The company was founded in 2015 by Ray Youssef and Arthur
Schabacker. Paxful allows users to buy and sell bitcoin and other
cryptocurrencies using a variety of payment methods, including credit cards,
bank transfers, PayPal, Western Union, and more.
In 2019, Paxful was the subject of an investigation by the US
Department of Justice for allegedly facilitating money laundering. The
investigation is ongoing, but no charges have been filed against the company or
its executives at this time. Paxful has always been committed to complying with
all applicable laws and regulations.
We have a strict anti-money laundering policy in place and we
require all our users to verify their identity before they can trade on our
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