herseycokguzelolacak@lemmy.ml to Technology@lemmy.worldEnglish · 15 hours agoIf you had any doubts that Know-Your-Customer laws were evil, here is one very good reason: personal data of 1 BILLION people just leaked.cybernews.comexternal-linkmessage-square33linkfedilinkarrow-up1388arrow-down18
arrow-up1380arrow-down1external-linkIf you had any doubts that Know-Your-Customer laws were evil, here is one very good reason: personal data of 1 BILLION people just leaked.cybernews.comherseycokguzelolacak@lemmy.ml to Technology@lemmy.worldEnglish · 15 hours agomessage-square33linkfedilink
minus-squareherseycokguzelolacak@lemmy.mlOPlinkfedilinkEnglisharrow-up33arrow-down1·14 hours agoKYC does nothing against rich people. Panama Papers came out and nothing happened. Law enforcement does not target rich people.
minus-squareDaMummy@hilariouschaos.comlinkfedilinkEnglisharrow-up1·5 hours agoDon’t use that example. Look up consequences of Panama Papers. At least say that nothing happened in USA, land of the corrupt, home of the slaves.
minus-squareBrilliantantTurd4361@sh.itjust.workslinkfedilinkEnglisharrow-up3·9 hours agoYep. KYC is to stop the movement of funds that could be used to undermine the system. A.k.a terrorism.
KYC does nothing against rich people. Panama Papers came out and nothing happened. Law enforcement does not target rich people.
Don’t use that example. Look up consequences of Panama Papers. At least say that nothing happened in USA, land of the corrupt, home of the slaves.
Yep. KYC is to stop the movement of funds that could be used to undermine the system. A.k.a terrorism.