But I believe OP got a hint when US citizen requires KYC which he stated. Actually, the exchange can't do anything when regulators ask for it since it's require for AML.
Considering they were able to provide notice the last time, your argument they had no choice is misleading. They may not have a choice in implementing this, but they had a choice in allowing a grace period.
I was pertaining here the force implementation of KYC and not the early NOTICE that they must give to all users before they implement KYC. Check my statement here:
The exchange only fault was not informing the users in advance. But I believe OP got a hint when US citizen requires KYC which he stated. Actually, the exchange can't do anything when regulators ask for it since it's require for AML. It's either to force close or force user to submit KYC.
I understand properly your point bro.
I said that's its not actually a theft since you have a chance to claim it by undergoing KYC it's not just like that they didn't give you a way to recover your funds . I'm just explaining the legal process. I'm not telling that they are really doing that thing for legal peocess.
It's funny you point to a legal background.
This is just a habit of mine since many users here don't have any legal background. I'm happy to point out some facts.
The problem is using my balance which one can reasonably expect to have on an exchange if they are thinking of beginning trading, or just to have a small amount available to sell at a quick price run-up, to then forcibly extort my identity and personal information. To begin complying with laws outside of their country of origin, with no notice.
I believe this is the risk of trading on the unregulated exchange.
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Actually there is a solution, This is just my method if I'm in your situation. You can find a people that WILLING to do the KYC for your account then just pay him for his service. Set a 2FA security in your exchange account. Let him login and process the KYC then wait till approves. Don't worry that he might hack your account since 2FA code varies per minute. (Considering that you have tons of money in there if NOT then that much then this method is to hassle.)