ChainCatcher news, Bitcoin P2P marketplace Paxful appoints Roshan Dharia as the new interim CEO. Roshan Dharia was previously the manager of DeFi institutional lending at TrustToken (now known as Archblock) and founded the investment platform PTHL Affiliates before joining TrustToken.Earlier, ChainCatcher reported in April this year that Paxful's two co-founders, Artur Schaback and Mohamad (Ray) Youssef, had filed lawsuits against each other over control of the company, making multiple accusations against one another. These accusations included misappropriation of company funds, money laundering, and evading U.S. sanctions against Russia. Former CEO Ray Youssef unilaterally shut down the platform and subsequently resigned from the CEO position. In early May, Paxful has relaunched and started operating. (source link)

ChainCatcher news, the Bitcoin P2P market Paxful has resumed operations, "Throughout the suspension, the Paxful wallet remained fully operational for users, and the community could choose to continue trading on the peer-to-peer platform."Previously reported, in April, Paxful CEO Ray Youssef announced the suspension of market services, uncertain whether it would restart, and the Paxful wallet was available for customers to withdraw funds. (Source link)

ChainCatcher news, according to CoinDesk, after the peer-to-peer Bitcoin trading platform Paxful announced its suspension of operations, Paxful co-founder Ray Youssef plans to launch a new platform called Civilization Kit (Civ Kit).Youssef stated that Civ Kit is a decentralized peer-to-peer Bitcoin trading application built on the decentralized social protocol Nostr, supported by Jack Dorsey. The white paper for Civ Kit will be released in a week or two. (source link)

ChainCatcher news, Bitcoin P2P market Paxful CEO and co-founder Ray Youssef shared his recent weekly letter sent to users on Twitter, notifying them to transfer their Bitcoin to self-custody wallets, and stating that users should not keep deposits on Paxful or any exchange, as Paxful only retains tokens that are in demand for trading.It is reported that Paxful is a peer-to-peer marketplace similar to eBay, where users can buy and sell cryptocurrencies using over 300 payment options. (source link)