I don't know, but it wouldn't be difficult for a hacker to create fake KYC data or to ask someone in one of those countries to complete the KYC process for $1,000 or $10,000. I know it sounds crazy, but it's a small thing compared to what these people are capable of.
I agree, for hackers it's not hard to create fake KYC data mostly these days when all of those things can be done using AI platforms and some prompts.
It's not that hard to edit someone's KYC data these days, but as @ZAINmalik75 said, it might create even more problems for the hackers if they try to fake KYC verification because it's not that easy to trick authorities.
I even read in some forums where they were teaching others how to create fake KYC data but I'm pretty sure most people won't take such type of risk and they'll never use the breached KYC data because they'll face legal issues by doing such a thing.
Nowadays it's very easy to get stolen IDs from forums or dark web stores to use in KYC processes at exhcnages/banks. I wonder what mechanisms they use to determine if KYC documents are genuine or fake. Besides that, to get pass video/selfie verification processes, these criminals use ai tools to create deepfakes (this was already common even before 2022). Deepfakes are widely used to bypass age verification on social medias.
That's why KYC doesn't always solve the fraud problem, criminals are always studying ways to bypass the system rules.
CCECash, Will you be implementing DAI (ERC-20) on the exchange? I want to exchange BTC for DAI.
Taking advantage of the hook, it would be interesting if they added support for the Liquid BTC network, the Liquid network, for example, is supported in the green wallet (and LN-BTC as well, why not)
