The previous CEO of Paxful, Ray Youssef, has advised customers of the peer-to-peer bitcoin market that he’s not in management and due to this fact can not vouch for “something that’s occurring there now.” Youssef additionally advised a consumer who claimed to have been scammed on the platform that he too has been banned from the platform.
Former CEO Tells Customers to ‘Belief No One’
The previous CEO of Paxful, Ray Youssef, has once more reminded customers of the peer-to-peer platform on Could 9 that he left the corporate weeks in the past and as such he can not “vouch in any method for something that’s occurring there now.” Whereas he urged customers to “belief no ones,” Youssef nonetheless stated he’ll quickly present an replace a couple of belief “set as much as make any frozen funds entire.”
I’m not the CEO of Paxful and haven’t any management over something occurring there. They banned me too. Good luck and belief no ones. #selfcustody https://t.co/c8Hh9mFXdk pic.twitter.com/IPOVnsp14x
— Ray Youssef (@raypaxful) Could 11, 2023
The remarks by Youssef, who has repeatedly tweeted about his falling out together with his co-founder at Paxful, observe studies suggesting that the P2P (peer-to-peer) market was again up only a few weeks after it was shut down.
Paxful Says It Is Taking Steps to Remedy Performance Points
As reported by Bitcoin.com Information in early April, Paxful was pressured to close down by elements together with the departure of key workers and regulatory challenges. Some studies additionally recommended that Youssef’s falling out with fellow Paxful co-founder Artur Schaback had additionally contributed to {the marketplace}’s abrupt shutdown.
It has been a very good week. Let’s preserve constructing. 💪 pic.twitter.com/Xie4XTQpYv
— Paxful (@paxful) Could 11, 2023
Nonetheless, a tweet shared by Paxful’s official deal with on Could 10 thanked customers for his or her endurance when {the marketplace} was down. The tweet additionally recommended that steps have been taken to unravel performance points.
“Thanks to the neighborhood in your endurance, as we proceed to step by step restore performance to {the marketplace}. We’re conscious that some customers’ accounts are mistakenly banned and our workforce is working to repair the difficulty,” Paxful stated in a tweet.
In the meantime, in one other tweet, Youssef advised a consumer who claimed to have been scammed on the platform that he not had any management and he too was banned. The previous CEO additionally reiterated the identical messages to different customers that equally requested about their blocked funds. When requested about what lastly precipitated him to depart Paxful, Youssef stated: “It’s a wild story bro. We’d like a [Twitter] areas.”
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