This has just began on Binance and this is what will be happening on other exchanges.
We can see recently how robbers attacked bitcoin and other crypto users and this is becoming common. These are two recent ones:
Swedish Bitcoiners targeted by armed criminalsBinance Client Executives Kidnapped, Forced to Empty Crypto WalletYou can now trade bitcoin and other crypto with other local traders on Binance and you will meet at a particular place that both of you talked about.
This is just not different from KYC if you trade with bad person. Avoid such physical trading.
The problem here is not that you should avoid trading crypto in real person but rather trade crypto in real in a place where you won't be dragged away against your will. Don't use your real name and don't give anyone info about yourself.
AND
Do not flaunt your wealth. I cannot express how dumb a person would have to be to tell strangers about their millions of dollars worth of crypto. If someone threatens your life, then obviously chances are that you will give them your keys. So why give anyone the chance to know if you're worth stealing from?
I really don't get some people.