I think it is a way of scamming people, you are adding requirements after someone has done the work for you. Fully knowing that a lot of people won't go ahead because who wants to give their information to a random person.
This is absolutely true. Why give personal information about yourself to strangers. Especially when it is announced at the end of the company. What they can do with my personal information is unknown. I'm generally puzzled by the Kyc. We are not investors.