Re: The Rock Trading www.therocktrading.com : Selective Scam? You decide!
⭐ Merited by LoyceV (1)
Two highly contradictory statements:
Most centralised exchanges require KYC documentation. The ones that don't are either located in a jurisdiction that doesn't require KYC comply with international AML rules (read: dodgy country) or they operate outside of any jurisdiction (read: don't comply with any law).
If you value your privacy then send them your KYC documents.
Police won't be interested because you can get your funds if you supply your identity documents.
Courts are not anonymous - not only will you have to disclose your identity - it will be disclosed to various entities (perhaps even publicly visible).
Wrong
https://www.therocktrading.com/en/service_terms/3
https://www.therocktrading.com/en/service_terms/4
https://www.therocktrading.com/en/service_terms/5
Their legal requirements will have changed due to their change of location.
This will put you in the "high risk" category. for mandatory reporting.
If you want to be anonymous use a decentralized exchange that doesn't require KYC verification.
I) I value my privacy very much.
Im the owner of my Rock Account and money, this is going to end on the police and courts,
Most centralised exchanges require KYC documentation. The ones that don't are either located in a jurisdiction that doesn't require KYC comply with international AML rules (read: dodgy country) or they operate outside of any jurisdiction (read: don't comply with any law).
If you value your privacy then send them your KYC documents.
Police won't be interested because you can get your funds if you supply your identity documents.
Courts are not anonymous - not only will you have to disclose your identity - it will be disclosed to various entities (perhaps even publicly visible).
Quote
II) Their TOS and FAQ give me the right not to send my documents and stay as unverified customer. They gave four contradictory explications on why they were asking for my documents. All against their own TOS/FAQ or bogus.
Wrong
https://www.therocktrading.com/en/service_terms/3
https://www.therocktrading.com/en/service_terms/4
https://www.therocktrading.com/en/service_terms/5
Their legal requirements will have changed due to their change of location.
I) I have a high balance.
This will put you in the "high risk" category. for mandatory reporting.
If you want to be anonymous use a decentralized exchange that doesn't require KYC verification.