I have seen someone stressed out by this simply because he recieved money from a country that they said maybe related to terrorism.

Man had to submit all forms of documents they could request from him because his entire account was frozen and he did no wrong by the way just a legal business transaction.  It spent a month or more before he could get access to it.

I know they shutting down can be scary but regulations can make hell feels like they are living in hell and that's among the  main reason for not your key notes your coin .

We haven't spoken of the dangers of kyc and how CEX continues to request for more information against issues regarding regulations. Those who knows how well KYC can be dangerous would definitely try to avoid it when possible or feasible.