Quote from: TheVeteranAngel on Today at 04:37:33 PM

Really! bypassing KYC, never heard of that really.

It's not bypassing actually, that wouldn't be the right word to use here because to bypass means to go around without having to face something, what people who don't want to use their identities do is buy accounts or create accounts with the name of other people and make them verify those accounts so that they can use them for any purpose, mostly scamming or fraud or money laundering. They pay money for this, and those who are in need of money would be ready to do that.

Quote from: TheVeteranAngel on Today at 04:37:33 PM

However my emphasis is how to curtail the activities of some CEX CEO from running away with investors funds overnight. My thought is weather fully compliance to government regulation will help just like the traditional banking system....

I'm not sure whether full compliance is required or not, but as far as I know, most centralized exchanges do have to comply with the authorities, especially to acquire licensing to operate within a certain jurisdiction, and when they do that, they probably need to give all the details about the team and stuff.