Paxful CEO Ray Youssef discloses $4.4M in frozen customer funds, warns against US financial institutions

Paxful co-founder and CEO Ray Youssef said $4.4 million — around 3.3% of total customer funds — remain frozen on the platform despite freeing 88% of all frozen accounts in the last ten days. Youssef advised his followers not to trust any U.S.-based financial institution.