Paxful

Paxful has shut down. Withdraw all funds as soon as possible.
For more details visit:

[Paxful @paxful]

Paxful is winding down operations by November 1, 2025, due to the lasting impact of historic misconduct by former co-founders Ray Youssef and Artur Schaback prior to 2023, combined with unsustainable compliance remediation costs. We unequivocally condemn those past actions, which do not reflect Paxful’s values today.

Since 2023, Paxful has transformed with new leadership and strengthened ethical operations. Despite our success, continuing as a non-U.S.-based entity is not viable. This decision is strategic and not due to insolvency.

All user funds are secure and will be returned safely. We’re grateful for our global community’s support over the past decade.

Read the full statement here: https://t.co/2xs54fzSVQ

[Paxful @paxful]

Paxful Announces Formal Conclusion of its DOJ and FinCEN Matters

Paxful announces the formal resolution of the DOJ corporate investigation related to the the historic misconduct by the company’s former co-founders. The company strongly condemns these actions. Paxful ceased operations on Oct 1, 2025, and remains fully committed to the safe and timely return of any remaining user funds.

Read the full announcement here: https://t.co/hZF0wgaJs7

[Paxful @paxful]

Important Announcement from Paxful
Paxful Announces Resolution of DOJ Investigation Concerning Historic Conduct

Paxful has officially resolved investigations by the U.S. DOJ and FinCEN into the historic criminal conduct of former Paxful co-founders. Paxful has pleaded guilty for its conduct under the former leadership. These actions do not reflect the values of Paxful today.

With Paxful already winding down operations, this resolution brings closure to a difficult chapter in Paxful’s history. Under new leadership since May 2023, Paxful has undergone significant transformation and remains committed to compliance, ethical practices, and the secure return of user funds.

Read the full announcement here 👉 https://t.co/Mdw3Vx97FV

[Paxful @paxful]

📢 Withdrawal Update: 95% of users have completed their withdrawals.

⚠️ Important Notice:
All user accounts were banned. However, if you still have a balance, you can log in at https://t.co/GVWxTMp2yB to withdraw your funds.

Note: Withdrawals from banned accounts are only available via the Paxful website, NOT through the app.

⚒️ Need help with 2FA or other account issues?
Please submit a support ticket through the chat widget on our website. Our team will guide you through the process.

[Paxful @paxful]

🚨 Service Update: Withdrawals stay open, but beginning November 1, processing times may take longer. Please refrain from making new deposits.

Thank you for your patience. We’ll keep you informed as updates become available.

[Paxful @paxful]

📢 Paxful Wind-Down: Withdrawal Snapshot

Since the start of the wind-down, we've successfully processed:
💵 $38,180,438 in withdrawals
👥 For 17,569 users
🔄 Across 28,098 transactions

We are dedicated to ensuring that all user funds are returned safely and securely.

Important: Trading functionality has now been disabled. Please withdraw your funds as soon as possible and refrain from making any further deposits.

We appreciate your continued trust and understanding. If you need help, our support team is available 24/7.

[Paxful @paxful]

📢 Important notice on account access and withdrawals during Paxful’s wind-down.

[Paxful @paxful]

📌 Read our latest FAQ covering access and security issues during Paxful’s wind-down.

Your funds are secure, and we’ll keep communication open throughout the process.

[Paxful @paxful]

📌 Here’s a quick FAQ addressing account bans and withdrawals during Paxful’s wind-down.

Your funds are secure, and we’ll continue to provide updates to keep you informed.

[Paxful @paxful]

📌 As we move through Paxful’s wind-down, here are the important dates to know.

Your funds are safe, and withdrawals will remain available throughout. Thank you for being part of the Paxful community, we’ll continue to keep communication open every step of the way.

[Paxful @paxful]

📢 Paxful Wind-Down: Withdrawal Snapshot

In the last 24 hours we have successfully processed:
💵 $5,563,521 in withdrawals
👥 For 1,749 users
🔄 Across 2,120 transactions

Since the start of the wind-down, we've successfully processed:
💵 $26,729,083 in withdrawals
👥 For 10,390 users
🔄 Across 17,915 transactions

We are dedicated to ensuring that all user funds are returned safely and securely. As a reminder, please avoid making any new trades or deposits, and withdraw your remaining balances as soon as possible to prevent any delays.

We appreciate your continued trust and understanding. If you need help, our support team is available 24/7.

[Paxful @paxful]

📢 Paxful Wind-Down: Withdrawal Snapshot

Since the start of the wind-down, we’ve successfully processed:
💵 $21,204,457 in withdrawals
👥 For 9,107 users
🔄 Across 15,839 transactions

We remain fully committed to the safe and secure return of all user funds. Users are advised to refrain from making any further trades or deposits and to withdraw their balances as soon as possible to avoid delays.

Thank you for your continued trust and patience during this time. Our support team is available 24/7 if you need assistance.