Intelligence Lab
Predict the next failure before it happens.
We've turned the data from Paxful into a stress-test model. Simulate this deal's risk profile in our new Laboratory.
Run a Pre-Mortem
Paxful
Peer-to-peer cryptocurrency marketplace
- Category:
- Blockchain
- Country:
- All Countries
- Founded:
- 2015
- Cause of Failure:
- Financial mismanagement, operational costs, legal compliance issues
- Outcome:
- Shutdown
- Shut Down in:
- October 2025
- Founders:
- Ray Youssef, Artur Schaback
- Number of Founders:
- 2
- Number of Employees:
- 251-500
- Funding Amount:
- Unknown
- Last Funding Round:
- Unknown
- Notable Investors:
- Unknown
About Paxful
Paxful was a peer-to-peer cryptocurrency marketplace that allowed users to buy and sell Bitcoin.
What went wrong?
Several challenges led to Paxful shutting down. One of the main issues was increasing regulatory scrutiny and legal challenges, which ultimately led to its decision to shut down operations.
Continue reading
Paxful shuts down operations amid legal challengesSubscribe to our newsletter
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