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They block US IP addresses. Sign in with a US IP, ever, and your account immediately gets banned. Using a VPN is active circumvention by the user. What's next:
by dannyw 6y ago
They block US IP addresses. Sign in with a US IP, ever, and your account immediately gets banned.
Using a VPN is active circumvention by the user. What's next: banning exchanges that KYC/AML because users can forge IDs?
- jkhdigital 6y agoSeems like the problem isn't that random US citizens can (and do, in large numbers) easily bypass the IP blocking, but that the executives demonstrably knew of specific US citizens who were using the platform and had not gone through any KYC.
- dmantis 6y agoRussia, China, Europe, etc don't arrest American citizens for not comply with local laws (which sometimes are as shitty as American's KYC paranoia) in the internet. Doing KYC for US citizens would require doing KYC for everyone, which is not fair at all (on the other case you can't say that particular guy is not from US). That effectively force the whole world to live under US laws requirements.