Are crypto exchanges whitewashing compliance with KYC bonuses?
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Crypto exchanges have a curious practice of paying their customers USDT bonuses to submit their ID cards for KYC purposes.
Crypto exchanges have a curious practice of paying their customers USDT bonuses to submit their ID cards for KYC purposes.
Hong Kong-headquartered BitForex has stopped withdrawals after it saw outflows of over $56 million late last week.
In many cases, hackers are opting to skirt their way around exchanges’ know-your-customer procedures when funding their accounts.
Bit24, Iran’s fifth-largest crypto exchange, reportedly leaked 230,000 users’ KYC data, including ID photos and credit card information.
Kevin O’Leary has endorsed M2, a small cryptocurrency exchange incorporated in the Bahamas and offering unsustainable yields.