just reading about Ray Youssef getting hit with charges from the DOJ over Paxful - apparently they're saying he was running the whole thing without proper licensing and basically ignoring AML rules before it shut down last year. the allegations are pretty wild too, prosecutors claim Paxful was facilitating some seriously sketchy transactions including connections to unlawful activities. Ray Youssef is pushing back though, denying it all and saying this is just selective targeting while regulators are cracking down on crypto platforms in general. kinda interesting how this is playing out given all the regulatory pressure lately. wondering if we'll see more cases like this as the space gets more scrutinized

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