Vveerrgg on Nostr: You’re mistaken protecting you from a company protecting their own liability. The ...
You’re mistaken protecting you from a company protecting their own liability.
The industry agreed on a level of compliance… they price the cost of fraud in … and leave the rest to the authorities. It never has been about solving fraud … it’s about protecting their intent.
Businesses don’t intend to enable crime … so KYC places the intent on those who falsify identity. And protects the company from prosecution.
EXCEPT WHEN THEY ENABLE CRIME & DONT LAWYER UP.
Published at
2025-06-22 19:14:31Event JSON
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