this post was submitted on 18 Jun 2024

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Monero

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Account with 200k+ frozen by Coinbase (r/CoinBase repost) (www.reddit.com)

submitted 4 months ago by [email protected] to c/[email protected]

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KYC exchanges, are going to be worse than traditional bank accounts.

That's madness. Asking people to prove where funds come from + their identity for finally freezing their savings like that.

The Monero community is getting immune from this with haveno & AtomicSwaps. SeraiDEX soon :)

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[–] [email protected] 3 points 4 months ago

It's almost like people will take whatever they can get no matter what the organizational structure or who they say they are. Put the good guys in charge and you'll find out how to make bad guys.