All by tag: KYC

The company served clients from the Russian Federation and processed payments from Russian banks under EU sanctions

As the prosecutor’s office notes, the platform deliberately refused to implement anti-money laundering measures, which allowed it to increase its profits

Funds can be seized by law enforcers due to links to illegal activity

Users have until May 20 to complete verification

The new measures must go through additional stages of approval

According to the service’s creator, fake IDs are accepted on Binance, Kraken, Bybit, HTX, and Coinbase

Announcements about selling such information appeared on the deep web’s forum

The innovation is related to the requirement of the Hong Kong regulator to comply with FATF rules

A decentralized identifier system will be developed by the Ministry of Public Security

Earlier, the firm started processing fiat payments for the Stellar blockchain

There are reports of failed withdrawal attempts for unverified accounts

Verification is required for full access to the platform’s services