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Topic: Paxful CEO and CTO arrested! (Read 1455 times)

full member
Activity: 168
Merit: 100
October 13, 2016, 12:38:31 PM
#23
That issue is not related to bitcoin and as bitcoin is an independent currency from all of the real world affairs so it will not have any affect on the price of bitcoin as you can see till now.
And paxful isnt very well known and popular website, so, there are any reasons to affect bitcoin price. And most important thing as I understand, arrest wasn't related directly to the service and they didn't scamed users.
If this news is really true, i will support the opinion that this will not cause any harm to the price of bitcoin because paxful have other services they provides but only use btc as a means of exchange.
full member
Activity: 184
Merit: 100
October 13, 2016, 11:48:59 AM
#22
"I can't comment on the situation at hand, but can assure you that Paxful will continue its operation in a secure and stable manner as before, the referenced events would have no relation to the actual standing of the company"
legendary
Activity: 3808
Merit: 7912
October 10, 2016, 04:10:04 PM
#21
Those last two posts don't address MiLkz concern.  Does anyone know how this info came to be sent to the users?  I was a little suspicious about Ray's identity as soon as I saw his pic as CEO on the paxful site.  So much so that I never did subscribe to their service.
legendary
Activity: 3234
Merit: 1375
Slava Ukraini!
October 10, 2016, 03:47:32 PM
#20
That issue is not related to bitcoin and as bitcoin is an independent currency from all of the real world affairs so it will not have any affect on the price of bitcoin as you can see till now.
And paxful isnt very well known and popular website, so, there are any reasons to affect bitcoin price. And most important thing as I understand, arrest wasn't related directly to the service and they didn't scamed users.
hero member
Activity: 742
Merit: 500
Hire me for your campaign management.
October 09, 2016, 05:55:17 PM
#19
That issue is not related to bitcoin and as bitcoin is an independent currency from all of the real world affairs so it will not have any affect on the price of bitcoin as you can see till now.
sr. member
Activity: 623
Merit: 304
October 09, 2016, 10:05:04 AM
#18
I received a weird message through their mod message system...

Who is Gay Youssef?

Ray Savant
Rayam Azab Youssef
Mohamed Youssef
Techzombie
Aether Force

http://www.videobash.com/video_show/aether-force-abuses-homeless-veteran-with-disability-1926671

https://vimeo.com/118206224

https://www.youtube.com/watch?v=RE7M7tB4_qY

https://www.google.com.br/search?q=ray+savant&ie=utf-8&oe=utf-8&gws_rd=cr&ei=4MX5V9yLM8n7wQSsm6LIBg#q=ray+savant&tbm=vid


wtf is all this shit? .....fighting among employees? or hacked?
legendary
Activity: 1526
Merit: 1001
September 22, 2016, 04:34:06 PM
#17
Are we talking for miami in florida? If yes then why the paxful website is not closed or paxful (I just checked the website and it is live at the moment ) and the arrested people are different! or the paxful service is not involved in this case?
The CEO and CTO plus one other guy associated with Paxful were charged with drug possession and posted bail.  So they are free at this time but they have yet to go to court to answer the charges.  The case is only related to Paxful through association with the alleged criminals.  It was not directly involved in the crimes.

Thanks for clarifying it, I have heard about this paxful exchange and seems very interesting to me, found many interesting deals but how trusted is it, is there any real escrow (not automated) provided to solve any issue in case happens
hero member
Activity: 1330
Merit: 569
September 22, 2016, 03:40:16 PM
#16
This are issues that makes bit[Suspicious link removed]ne step forward and two steps backward because of the activities of few people. Lets hope the impact its going to have will not be too much to drag the price too down...
hero member
Activity: 798
Merit: 500
September 22, 2016, 03:36:57 PM
#15
In the article the paxful is not discussed not in any news related t that crime so people will not know about that related to bitcoin and it will not have any affect on bitcoin. It was their personal matter and not a matter of bitcoin. Bitcoin is not affected with that matters like that.
legendary
Activity: 3808
Merit: 7912
September 22, 2016, 02:52:11 PM
#14
Are we talking for miami in florida? If yes then why the paxful website is not closed or paxful (I just checked the website and it is live at the moment ) and the arrested people are different! or the paxful service is not involved in this case?

 The CEO and CTO plus one other guy associated with Paxful were charged with drug possession and posted bail.  So they are free at this time but they have yet to go to court to answer the charges.  The case is only related to Paxful through association with the alleged criminals.  It was not directly involved in the crimes.

 

legendary
Activity: 1526
Merit: 1001
September 22, 2016, 02:40:38 PM
#13
Are we talking for miami in florida? If yes then why the paxful website is not closed or paxful (I just checked the website and it is live at the moment ) and the arrested people are different! or the paxful service is not involved in this case?
legendary
Activity: 1862
Merit: 1004
September 22, 2016, 08:03:02 AM
#12
The CEO and CTO were Arrested in Miami with AR-15, 500 rounds of ammo, cocaine and hash yesterday, it would be wise to take out any bitcoin you have in this piece of shit site before it tanks.

http://www.local10.com/news/florida/miami-dade-county/armed-trio-arrested-in-miami-beach-walks-out-of-jail?v=1
Because of this bad news, i must be ready for bitcoin's price going down. Although there are not people who know about the true of news, but it will be impact to bitcoin's price.
I don't think that Paxful is so impact to cause such disturbance in the bitcoin economy alone. But seriously we have no luck when comes to people in charge of Bitcoin related companies.
With all honestly these guys looks like mafia hit men and not like businessmen behind bitcoin trading service. I guess it is better that they were arrested now before they could do any serious damage.
legendary
Activity: 994
Merit: 1000
September 21, 2016, 01:55:42 AM
#11
Any news, good or bad, is still news for Bitcoin though this one is kind of hilarious: high on drugs and brandishing a weapon.
Yeah they may be earning so much in fees because they may came second after localbitcoin in peer to peer exchange platform. What a waste that they are actually spending those fees on drugs and weapons rather than putting funds for development.
newbie
Activity: 46
Merit: 0
September 20, 2016, 10:48:28 PM
#10
Any news, good or bad, is still news for Bitcoin though this one is kind of hilarious: high on drugs and brandishing a weapon.
legendary
Activity: 1901
Merit: 1024
September 20, 2016, 06:08:02 PM
#9
Just look at their mugshots!!!

OMG this one is laughing he must be on same bad crack or is so full of hidden bitcoin that he don`t care, or he is just insane or happy that ppl who gona lost BTC on his exchange will be butthurt

If exchange was used for illegal drugs, I don`t care for him at all, nor for the people that used it!
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
September 19, 2016, 11:52:09 PM
#8
As I see boys had some fun. What a group, this made me smile from the morning. Maybe they are selling it on dark web, and this was just promotion of what they have to offer.
Paxful is really not so big exchanger, if they worked on dark web, they probably use it just for that exchange before buying, or mixing coins.
I heard that many cases are solved with help of Facebook, people post there everything. What a stupid world, they should smoke weed, use cocaine and have a nice time, why people have desire to show to everyone what are they doing.
sr. member
Activity: 294
Merit: 250
Minter
September 19, 2016, 11:36:03 PM
#7
Well, Paxful is not that big a site. Not many people trade there, compared to bitfinex. Should the price of bitcoin dip as a result, it won't be that much of a dip anyway.
sr. member
Activity: 623
Merit: 304
sr. member
Activity: 276
Merit: 250
September 19, 2016, 10:09:50 PM
#5
The CEO and CTO were Arrested in Miami with AR-15, 500 rounds of ammo, cocaine and hash yesterday, it would be wise to take out any bitcoin you have in this piece of shit site before it tanks.

http://www.local10.com/news/florida/miami-dade-county/armed-trio-arrested-in-miami-beach-walks-out-of-jail?v=1
Because of this bad news, i must be ready for bitcoin's price going down. Although there are not people who know about the true of news, but it will be impact to bitcoin's price.

What is this "true news" you are talking about?

https://cointelegraph.com/news/paxful-exchange-ceo-and-cto-arrested-in-miami-on-weapons-and-drugs-charges

its true.
sr. member
Activity: 623
Merit: 304
September 19, 2016, 10:04:18 PM
#4
The CEO and CTO were Arrested in Miami with AR-15, 500 rounds of ammo, cocaine and hash yesterday, it would be wise to take out any bitcoin you have in this piece of shit site before it tanks.

http://www.local10.com/news/florida/miami-dade-county/armed-trio-arrested-in-miami-beach-walks-out-of-jail?v=1
Because of this bad news, i must be ready for bitcoin's price going down. Although there are not people who know about the true of news, but it will be impact to bitcoin's price.

What is this "true news" you are talking about?
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