Noones

2023-01-01

Noones launched as a P2P crypto super-app targeting Africa and the Global South.

2023-10-01

Ray Youssef, former Paxful co-founder and CEO, announced as Noones CEO. Youssef directed Paxful users to transition to Noones following Paxful's 2023 shutdown.

2025-01-01

Noones hot wallets across Ethereum, Tron, Solana, and Binance Smart Chain exploited via a Solana bridge vulnerability. Approximately $7.9 million stolen. Platform issues routine 'maintenance' notice rather than disclosing breach.

2025-01-24

On-chain investigator ZachXBT publishes findings exposing the Noones breach, documenting hundreds of suspicious sub-$7,000 outflows and tracing funds to Tornado Cash.

2025-01-24

CEO Ray Youssef publicly confirms the January 1 Solana bridge exploit and attributes the delay in disclosure to ongoing remediation. Claims user funds are 'SAFU.'

2025-01-01

Noones reports surpassing 2 million global users.

2025-12-01

Paxful pleads guilty to three federal criminal charges: conspiracy to promote illegal prostitution via Backpage, operating as an unlicensed money transfer business, and failing to maintain proper AML controls. Agrees to pay $4 million criminal fine.

2026-02-10

U.S. District Court formally sentences Paxful in connection with its December 2025 guilty plea. FinCEN separately imposes $3.5 million civil penalty on Paxful.

2026-02-14

DOJ indicts Ray Youssef in U.S. District Court for the Eastern District of California on AML-related charges stemming from Paxful operations. Youssef is arrested after deportation from Mexico to Los Angeles.

2026-02-20

Ray Youssef announces he is stepping down as Noones CEO, offering no public explanation.

2026-02-26

Noones officially confirms Youssef's departure as CEO via public statement, characterizing his legal matters as 'personal and unrelated to NoOnes.' No successor named.