They will continue to harrass you and requesting your grand ancestors grand parent of the sibling of the boss of the name and the every valuable information they can harness, when you keep your btc in their hand, its not YOURS anymore, be prepare to be asked to do all the demand they want from you, they may even ask for a copy of your nude photo LOL.😂
Sadly, these are the standards that exchanges are forced to adhere to, to even be able to operate, and it does just seem like regular AML practices that the exchange needs to adhere to.
It's around 100,000 or so USD, and any exchange would be pretty tight about that money and they need to know exactly where the funds came before they are able to help you move the funds, unfortunately they'll need a shit ton of your details and it's almost normal practice.
Next time, I recommend you just go p2p transactions and don't touch exchanges at all, so your money can't get frozen.
I understand what you're saying. But then what is the meaning of decentralization? Anyone can somehow own 16 BTCs. I know we're talking about a big amount, but it's inconceivable to ban a person's account for that.