Post
Topic
Board Service Discussion
Re: Shapeshift Membership
by
MAbtc
on 09/09/2018, 23:17:32 UTC
Nobody wants to scan an ID and send it to us. We know that... it's a horrible thing to force people to do.

Then why do it...  Lips sealed

What would you do if FinCEN were threatening you with an enforcement action? That would probably mean millions of dollars in civil penalties. And it might be coordinated with the Justice Department, bringing criminal charges. Unlicensed money service business, money laundering.... these can carry long prison sentences. I bet that's floating around in the back of Erik's head as Shapeshift implements these changes. Undecided