We greatly appreciate Monero (XMR) for its unwavering commitment to privacy and security in the cryptocurrency space. Unlike many other cryptocurrencies, Monero employs advanced features like stealth addresses and ring signatures, ensuring that transactions remain confidential and untraceable. This focus on anonymity not only empowers users to have full control over their financial data but also promotes a more equitable and decentralized financial system. In an era where privacy concerns are paramount, Monero stands out as a vital player in preserving individual freedom in financial transactions.
It's quite funny to read this beautiful text full of idealism about privacy and "promoting a more equitable and decentralized financial system", while you are a company which is
collaborating with LE and oppressing your users with KYC and AML procedures:
By creating an order on the website, the Client agrees that an AML/KYC check may be carried out against him.
2. If, based on the results of the analysis of AML-cryptocurrency assets, a risk higher than 40% is identified, or any of the following labels are received:
DARK SERVICE
SCAM
STOLEN
MIXING (MIXER)
SEXTORTION
RANSOMWARE
HACK
PHISHING
TERRORISM FINANCING
FRAUD
BLACKLIST
STILL UNDER INVESTIGATION
CYBERCRIME ORGANIZATION
NARCOTICS
CHILD ABUSE
HUMAN TRAFFICKING
SANCTIONS
GAMBLING (Casino, Betting, etc.)
And other high-risk assets, the Client’s transaction may be frozen for an indefinite period until complete identification verification (KYC) is completed.
Your privacy policy is quite intrusive too:
https://quickex.io/docs/en-privacy-policyIs it your conception of a
more equitable and decentralized financial system?