Paxful.com ◎ 〈Confirmed〉

As of , Paxful wound down all core marketplace activities. The site remains accessible for a Limited Service only: allowing existing users to withdraw their remaining digital assets. No new accounts, trades, or transactions are permitted. The company cited several factors for its closure:

While popular, the platform faced significant criticism throughout its lifespan: paxful.com

: Management referenced the "impact of historic misconduct" by former co-founders prior to 2023. As of , Paxful wound down all core marketplace activities

Paxful was once a prominent global peer-to-peer (P2P) cryptocurrency marketplace, but it has officially . Closure and Status The company cited several factors for its closure:

: The company stated that the costs associated with remediation and compliance efforts became unsustainable. Background and Original Mission

: Paxful was fined $3.5 million by FinCEN in December 2025 for "facilitating money laundering" and failing to maintain proper Anti-Money Laundering (AML) protocols.