Security expert says KuCoin and Huobi epically fail softball KYC test
#crypto #bitcoin
Dressed as Borat and Taylor Swift, CipherBlade founder Rich Sanders put the KYC procedures at mega exchanges Kucoin and Huobi to the test. His investigations revealed KYC processes at the exchanges to be more ‘compliance theatre’ than a genuine effort to stop bad actors.
OhNoCrypto
via https://www.ohnocrypto.com
News, @KhareemSudlow
Dressed as Borat and Taylor Swift, CipherBlade founder Rich Sanders put the KYC procedures at mega exchanges Kucoin and Huobi to the test. His investigations revealed KYC processes at the exchanges to be more ‘compliance theatre’ than a genuine effort to stop bad actors.
OhNoCrypto
via https://www.ohnocrypto.com
News, @KhareemSudlow
