Tuesday, 22 November 2022

FTX KYC Data: elephant in the room

We've all heard by now that $16 billion was evaporated by FTX, and the exchange was "hacked" for another $600 million last week, but what's happened with the customer KYC and private customer financial info databases?

FTX collected this KYC data for millions of users:

https://help.ftx.com/hc/en-us/articles/360027668192-Individual-Account-KYC

There are also rumors of an FTX employee database leak... that Reddit thread was deleted.

I guess this "trust us with your money, personal identity information, bank account details, and privacy, and we'll steal it and sell it all to governments, corporations, and hackers" business model is losing its appeal quickly.

Finally, what gives with the r Cryptocurrency sub? Can't seem to post or do anything without getting censored there?

submitted by /u/clash_is_a_scam
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source https://www.reddit.com/r/btc/comments/z16rjz/ftx_kyc_data_elephant_in_the_room/

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