If people are not valuing their privacy enough by handing over precious information to ICOs requiring KYC/AML verification, then they definitely won't mind handing over their information to an established exchange.

It's shocking to me how people don't care about anything as long as they are in a position allowing them to potentially make profit. Some people blatantly admit that they don't care about it.

Their reasoning behind that way of thinking is that they aren't wealthy enough to become a victim of theft and whatnot. They don't realize how stupid they make themselves look by talking this level of nonsense.