# Article OutlineI. Introduction – Brief overview of Ray Youssef\’s resignation from PaxfulII. The Deadlock Issue and Appointment of Srini as Custodian – Explanation of the deadlock
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Paxful co founder Ray Youssef promises to create a public trust fund with personal shares to safeguard user interests
On April 22nd, Ray Youssef, who resigned as CEO of Paxful on April 18th, posted that due to a deadlock between him and the co founders in the company\’s development direction, both