But sending a shit ton of private information, unencrypted across the globe to be permanently stored by some shady company goes against about everything I believe in.
I simply don't see what applicable laws or regulations I should have violated. Even after asking multiple times, they did not provide me with a reason or regulation I may have violated, other than that they want me to submit this data.
As the whole process took place on a Friday evening an order by law enforcement or governmental authority is highly unlikely.
I do get, how creating a new account depositing funds and then trying to withdraw them again might trigger red flags. Thus why I was willing to comply with KYC.
But the privacy invasion beyond this is and in this form is simply out of place.
This is exactly what I was worried would happen to me, literally to the letter. The interesting thing is that they also did this to me on a Friday, as Aug. 28th 2020 is that same day. Which is why I became accusatory because I to knew the likelihood of a government authority involved in this was almost nil. Our situations are very similar except I could not as you stated the reason above do it because it goes against everything I believe in as well. Plus I have witnessed colleagues have bad things happen with their identities when this exact pattern emerged. I cannot tell you how nervous this makes me but, I literally felt my heart going 1000 miles an hour as this brought back all the horror stories.