WagerX Compliance Watch · Entity Risk Profile
Operator
Paxful, Inc.
Tracked across 2 regulatory actions from authority publications.
Moderate
7.3
Risk Score
€3,225,000
Fines (lifetime)
2
Total actions
2025-12-09
Most recent
1
Distinct authorities
How this risk score is calculated: we sum (log-scaled fine amount + action-type severity) for every published action against this entity, then apply 1-year exponential time decay so older actions weigh less. Range: Low (<5), Moderate (5–15), High (15–40), Severe (>40). Risk reflects regulatory exposure on the public record, not internal compliance posture.
▮ 12-Month Activity 2 actions · peak 2/mo
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Action timeline
Paxful, Inc. and Paxful USA, Inc.
The Financial Crimes Enforcement Network (FinCEN) has issued a notice regarding Paxful, Inc. and Paxful USA, Inc. The details of the enforcement action are outlined in the consent order.
Risk contribution: +0.84 (severity 1 · decay 0.559)
FinCEN Assesses $3.5 Million Penalty Against Paxful for Facilitating Suspicious Activity Involving Illicit Actors
FinCEN has assessed a $3.5 million civil money penalty against Paxful for willful violations of the Bank Secrecy Act, facilitating over $500 million in suspicious activity involving illicit actors. Paxful admitted to failing to register as a money services business and to implement an effective anti-money laundering program.
Risk contribution: +6.44 (severity 5 · decay 0.559)
€3,225,000
Factual reporting based on official authority publications. Risk score is a quantitative model derived from public-record actions only — it is not a credit rating, legal opinion, or recommendation. If you represent Paxful, Inc. and need a correction, contact us with the source reference.
