Firstly, bounty hunters provide advertising services for various projects of companies, the leaders and teams of which, with our capabilities, are very difficult to verify if they are fraudulent. Therefore, the risk that our confidential data may be sold by them in the future is very high. If market participants provide KYC to exchanges, the risk is still much lower.
Secondly, KYC against bounty hunters is illegal, as it should only be used for the purpose of preventing money laundering and combating the financing of terrorism, as well as for transactions over one thousand euros. We cannot be suspected of committing these illegal actions, since, when we participate in bounty campaigns, we do not invest our money in them.
Therefore, recently, KYC checks on bounty hunters are very rare.