Virtual asset trading platform pleads guilty and agrees FinCEN consent order for sanctions breaches

11 December 2025

Virtual asset trading platform pleads guilty and agrees FinCEN consent order for sanctions breachesBillion Photos/Shutterstock.com

Paxful Inc, a virtual asset trading platform in the US, has pleaded guilty to charges including processing transactions that involved sanctions evasion and has agreed to pay a $4m criminal penalty – press release....

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Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor. Michael was called…

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