I see what you mean. It's a hefty price to pay though.
I've come to realize that anything held in an exchange account can evaporate overnight. 55% back (especially from a fiat holder's perspective) is a godsend.
This is very good news!
I decided to wait claiming the 55% until it was more clear what would be the status regarding verification.
As I only plan to withdraw coins, I think I should be fine waiting.
They previously said no verification was required to trade. I am concerned about this answer, though:
"Do I need to undergo verification in order to start trading on a new site?" If the balance of the account on the new site is replenished in koin, then no. If in fiat, then yes.
Does that mean that if you don't take the refund now, and you have your fiat balance transferred to the new site, that you must verify?