Quote from: Learn Bitcoin on June 04, 2024, 11:29:57 AM

Quote from: jokerchange on June 04, 2024, 10:01:44 AM

We have updated the rules.
The user can request the return of these parts if he does not want to submit to KYC only in case it should not be the case of illegal, criminal, money laundering or hacking activities as described in our rules.

Okay. That seems good to me.

Let's say I wanted to exchange some BTC for USDT, which I received from a mixer to protect my privacy, and currently, it is in my wallet. Later, the mixer was seized for some reason. But I received my money before the mixer was seized. Do you consider such funds to be tied to any illegal activities? There are a lot of forum members who have received their signature campaign funds from the mixers. But later, their service was seized. Do you consider this Bitcoin as illegal?

How do you identify illegal money? Is there are other criteria besides blacklisted addresses?

Let's say if you exchange your BTC for USDT and it comes straight from a mixing service, there may be a KYC request triggered.

On the other hand, if you have already exchanged your BTC on another platform with USDT and you wish to exchange your USDT into BCH again with JokerChange, KYC may not be required.

It all depends on the number of scores if one of the previous addresses is already blacklisted, as described in our AML/Rules.

Quote from: examplens on June 04, 2024, 02:41:58 PM

Quote from: jokerchange on June 04, 2024, 10:01:44 AM

We have updated the rules.
The user can request the return of these parts if he does not want to submit to KYC only in case it should not be the case of illegal, criminal, money laundering or hacking activities as described in our rules.

OK, this is a good direction, but there shouldn't be an "only in case" condition. There should not be any condition that you keep someone's money, just return it if you don't want to accept it in exchanging order.
You are not the SEC, or the FED, nor are you in charge of such things, plus it is a susceptible issue and it is very difficult to decide with certainty whether the funds came directly from some fraud activity or were only part of something illegal in the past.

We already have many instant exchanges and with most of them there is a risk of funds being blocked at some moments, if you would avoid this scenario it would make you stand out from this group.

You can still use JokerChange without KYC and exchange your cryptocurrencies without any problems.

We understand that it can be frustrating when a KYC can be triggered at any time.
Many exchanges are the same and can request KYC, such as ChangeNow, ChangeHero, StealthEX and Changelly.
We all have the same system, and we have our own as well.

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