The cryptocurrency trading platform Paxful announced that it will issue judicial rulings against it on February 10, 2026, after agreeing to plead guilty and pay a fine of $7.5 million.

Under the agreement, Paxful will completely cease its operations, while committing to refund users' money, in a move that reflects the tightening of regulatory authorities' oversight on crypto platforms, especially regarding compliance and financial laws.

This development serves as a clear message to other platforms about the necessity of strict adherence to regulations, and confirms that the era of operating without regulation in the crypto market is nearing its end.

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