Quote from: jackg on December 01, 2023, 05:09:54 AM

A lot of exchanges' policies on handling finance seem to have stemmed from a very simplistic idea that funds you invested in crypto must've come from a bank account or touched a local account (perhaps making it safer for them to comply with regulations).

I don't think the only option they should be giving you is to prove your source of funds with a bank account if you can use other sources or have historic transactions that backup your activity (although why you'd need to do this at all instead of just proving your identity doesn't really make sense).

Edit: if you can make theoney elsewhere and deposit it into your bank to match what you have on the exchange (or be higher) then that might work to unfreeze your coins (you could use somewhere like Coinbase who won't ask for bank statements afaik but you may want to research in advance).

I don't know about FTX's KYC policy, but I also experienced losses from FTX. maybe each exchange has its own rules but since this is a big deal so they ask for extra data to ensure that it is the original owner.