Quote from: JollyGood on June 18, 2025, 06:51:49 PM

I find it hard to believe that anybody using an of these instant exchanges would be happy to go through a KYC check with them. We have no idea what they will do with the personal information. They can use that at an time to selectively scam anyone they want.

If they feel they are protecting themselves from various agencies by imposing a "pass KYC or lose your funds" policy, they are wrong. If they agencies want to close them down they will regardless of how (KYC) compliant they have been.

Quote from: Pmalek on May 11, 2025, 03:39:38 PM

That's exactly right. Some instant exchanges and swap services have been doing it for years. They hide behind their rules to selectively scam a part of their userbase. Not too much to avoid hysteria and too much negative press, but just enough to make it worthwhile. Those who pretend to care about our safety and the safety of our money don't give a shit, of course, because these scam exchanges are smart enough to keep law enforcement and various agencies happy when they come knocking and asking for information or issue requests to confiscate funds from certain addresses.

They don't care about regular folks being scammed. I am pretty sure they would be happy if as many get scammed as possible. Perhaps they will give up on crypto and return under the wings of traditional finance where it's easier to keep an eye on them.

You may have missed this in my original post - I have already completed KYC with them and they are still not returning my money.

I asked Trocador where they are legally registered and now they are not responding, either. So it's clear they are hand in glove with FixedFloat.