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Paxful, a peer-to-peer (P2P) trading platform for bitcoin (BTC) owned by Ray Youssef, has been discovered to be one of the promoters of the the ANAP poll that predicted that Labour Party's presidential candidate Peter Obi as the winner of the 2023 general election, SaharaReporters has learned.
The decision of peer-to-peer (P2P) crypto-currency marketplace, Paxful, to shut down its operations has created uncertainty as among its worldwide community of users, there is now an aggressive search for alternatives. The shutdown appears to have significantly affected the Nigerian crypto community, Cointelegraph reports. On April 4th, Paxful declared that it would halt its operations without providing reason for this decision. According to the founder and CEO Ray Youssef's blog, was due to "key staff departures" and the regulatory environment.
Paxful shutdown has raised concerns about the future of crypto marketplaces and the impact on its global community, particularly in Nigeria.