{"id":893683,"date":"2026-03-23T03:27:19","date_gmt":"2026-03-23T08:27:19","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/03\/23\/paxful-hit-with-4-million-penalty-over-illegal-transactions-and-crimes\/"},"modified":"2026-03-23T03:27:19","modified_gmt":"2026-03-23T08:27:19","slug":"paxful-hit-with-4-million-penalty-over-illegal-transactions-and-crimes","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/03\/23\/paxful-hit-with-4-million-penalty-over-illegal-transactions-and-crimes\/","title":{"rendered":"Paxful Hit with $4 Million Penalty Over Illegal Transactions and Crimes"},"content":{"rendered":"<p>TLDR Paxful has been sentenced to pay a $4 million fine after pleading guilty to money laundering and prostitution charges. The company processed over $3 billion in crypto trades between 2017 and 2019, including transactions linked to Backpage. The U.S. Department of Justice initially sought a $112 million penalty but reduced it to $4 million [&#8230;]<br \/>\nThe post Paxful Hit with $4 Million Penalty Over Illegal Transactions and Crimes appeared first on Blockonomi&#8230;<br \/><a href=\"https:\/\/blockonomi.com\/paxful-hit-with-4-million-penalty-over-illegal-transactions-and-crimes\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Maxwell Mutuma<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TLDR Paxful has been sentenced to pay a $4 million fine after pleading guilty to money laundering and prostitution charges. The company processed over $3 billion in crypto trades between 2017 and 2019, including transactions linked to Backpage. The U.S. Department of Justice initially sought a $112 million penalty but reduced it to $4 million<\/p>\n","protected":false},"author":1,"featured_media":893684,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[308,64593,192],"tags":[5238,64592],"class_list":{"0":"post-893683","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-million","8":"category-paxful","9":"category-sports","10":"tag-million","11":"tag-paxful"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/893683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=893683"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/893683\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/893684"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=893683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=893683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=893683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}