They are basically scamming and I read somewhere that jomio or jumio whatever the name of the system is, will sell your ID data if needed.
It seems to be specified in their ToS. I don't know if it's true but I wouldn't be surprised.
Is it or is it not? Have you actually took time to read TOS for once? This makes all the difference in the world. I wonder how can someone put tens of thousands into something without even reading TOS or (worse) doing it DESPITE reading TOS that literally say you won't have any tools to protect yourself once you give up your money (like it says in Tether TOS).