of the news article
The CEO of Paxful, one of the world’s leading peer-to-peer Bitcoin marketplaces, has resigned and vowed to make users whole by creating a Public Trust. Amidst ongoing issues with customer support and disputes, Ray Youssef said that he plans to transfer all of his company’s shares to the Public Trust, which will be tasked with compensating customers that may have been affected by any issues. The move is part of Youssef’s commitment to putting customers first and ensuring that they are protected and supported throughout their Bitcoin transactions. The announcement has been widely welcomed by the cryptocurrency community and is seen as a positive step towards improving the reputation and reliability of Bitcoin services.
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