I think I did not understand ... Is the company by demanding KYC a SCAM?! Funny
If I sold you my car, then after you handed me the money, I told you that I also needed proof that you've never broken a law and if you didn't provide the proof I would keep your money and the car ----> would that be scammy?
Giving unregulated entities, from countries that are demonstrably known for identity theft, your sensitive personal information is fucking stupid ---> period. No matter what fucking planet you came from! Would you also suggest giving the Nigerian princes you find in your email spam folder your sensitive personal information?