The entire point of this post is asking what happens to KYC when the business goes bust and there is no employees and if they delete accounts do they delete KYC information. Alot of exchanges going bust and I'm curious
I'm not sure what exactly happens in other countries, but I have a suspicion that defunct business in my country likely sold their data to other parties. My phone number which was never used in other businesses suddenly got spammed by a lot of people. I'm pretty sure crypto businesses are more aggressive with it.