>During this time, Schaback allegedly weakened Paxful’s defenses against criminal activity. He made it easy to open accounts without proper identification, advertised Paxful as needing no ID checks, provided fake anti-money laundering policies, and ignored suspicious activity by users, the DoJ said.

Sounds like he made it easy for his friends! Probably made that much $$$ a 5 year sentence would be worth it anyway

!tip 1