Saw this on Twitter and thought I'd share with those who might be using both exch and FixedFloat. FF is planning to start blocking transactions coming from exch starting today as mentioned in their recent article:
In connection with the position of eXch, we are forced to take the following measures. Now all funds received from the eXch service are considered criminal. In accordance with the Terms of Use of FixedFloat 6.4. in case of detection of such funds, we reserve the right to suspend the provision of services and freeze the funds received. This rule comes into force on March 3, 2025.
I see where things are headed. Exchanges that enforce KYC are going to try as a hard as possible to blacklist transactions from exchanges or services that refuse to KYC. I remember a similar thing happening when tornado cash was sanctioned. The difference this time round is that the like of Bybit and FF are acting even before Law enforcement or regulators do anything.