Post
Topic
Board Trading Discussion
Re: Do the big KYC exchanges care where your coins come from?
by
Awaklara
on 05/12/2024, 06:47:43 UTC
Yes absolutely, all the major KYC exchanges will not allow you to trade coins from known thefts or illegal darknet marketplaces.
Large exchanges certainly have ways to find out the source of funds. Especially if the amount is large enough and raises suspicions about where the large funds came from.
This can result in freezing funds and suspending accounts while the investigation takes place. But I'm sure criminals won't be that stupid to do it.
not only centralized exchanges but other centralized platforms such as banks or casinos also do the same.