Just wait unitl the SEC comes after these clowns.
That'll rustle some jimmies, for sure.
They're just the middleman, who will deal with all the regulations and 'fun' that the Exchanges seem to have a lacking in. Therefore, allowing the Exchanges to have known compliant customers to interact with, and also decreasing the time it takes to exchange fiat to crypto.
Cool, then they'll be the ones that the SEC goes after to get all that juicy account information. Naturally, they have zero response, because they know that being based in Panama isn't going to save them. The SEC got Erik Voorhees there, and it will find this company as well.
What about located and regulated in Panama is so hard to understand? Nothing to do with SEC we are regulated by the SMV. Erik is a US citizen.