: The company stated that the costs associated with remediation and compliance efforts became unsustainable. Background and Original Mission
As of , Paxful wound down all core marketplace activities. The site remains accessible for a Limited Service only: allowing existing users to withdraw their remaining digital assets. No new accounts, trades, or transactions are permitted. The company cited several factors for its closure: paxful.com
: Management referenced the "impact of historic misconduct" by former co-founders prior to 2023. : The company stated that the costs associated