[quote author=Kasabus link=topic=5290252.msg55619778#msg55619778 date=1605681877
Scamming is already part of crypto community and this is the reason why some exchanges strictly impose KYC to avoid being scammed as much as possible. We should also be vigilant in choosing projects to invest as some of them who offer huge amount of profits are just there to lure us and steal all our funds.
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unfortunately, sometimes KYC only makes our identity dangerous because it can be used for criminal acts and the data that has been collected can be sold on the black market, so if you rely solely on KYC solutions it's still not good, maybe you can add more deterrent regulations and you must really really thoroughly searched so that cryptocurrency crimes don't happen again.