Paxful Resumes Operations After Suspension of Service

Paxful, a peer-to-peer crypto marketplace, has resumed operations after a suspension. CEO Ray Youssef, who claimed to have unlocked 88% of affected accounts, called it his "final act" before stepping down. Paxful has faced internal disputes, allegations of financial impropriety, and compliance challenges. Youssef is reportedly collaborating with the TBD division of Block to launch a new peer-to-peer crypto trading platform called Civilization Kit on the Nostr decentralized network. Paxful's plans for moving forward are unclear.