Wait a minute, LBC makes you KYC with them yeah, but with the individual traders? So if you do a transaction on there whoever you traded with has your dox info? That doesn't seem quite right. The in person meetings are there for just that option. No need to dox yourself over one bitcoin trade to some random person. Seems weird.
it probably depends what country you're in. in the USA, lots of traders have been arrested and jailed for ignoring AML laws. i don't think LBC having a trader's KYC on file is good enough to satisfy
the requirements from FINCEN and the bank secrecy act. the law requires the exchanger to
record the buyer's information, not just rely on a third party like LBC to do that.