Paxful shuts down, blames ex-co-founders Youssef and Schaback

The exchange asked users to withdraw their funds before November 1 when it will cease all operations
Follow Crypto Africa's coverage of the FTX Saga.

The exchange asked users to withdraw their funds before November 1 when it will cease all operations

The company has not clarified whether it operates independently from the entities involved in the Tingo SEC fraud case.

The operation ran from June to August 2025 and brought together investigators from 18 African countries and the United Kingdom.

Spurred by the unprecedented hack of global exchange Bybit earlier in the year, crypto crime is on par to eclipse recorded volume.

According to Judge M. P Motha, crypto is not money, and the scope of current regulations do not define crypto as capital.

Justice Rosen Abili ordered the Sam Altman-founded company to delete all the data it had collected.

The scam entity, rumored to be part of a larger crypto crime ring carted away millions of dollars from its victims in Nigeria and Kenya

The agency says that criminal actors are turning to crypto to launder their profits and wants licensed VASPs to report them

John Mahama distanced himself from posts made from the page endorsing Solana and promoting a memecoin.