Account with 200k+ frozen by Coinbase (r/CoinBase repost) (www.reddit.com)

submitted 5 months ago by essaaaa@discuss.tchncs.de to c/monero@monero.town

11 comments fedilink hide all child comments

KYC exchanges, are going to be worse than traditional bank accounts.

That's madness. Asking people to prove where funds come from + their identity for finally freezing their savings like that.

The Monero community is getting immune from this with haveno & AtomicSwaps. SeraiDEX soon :)

you are viewing a single comment's thread
view the rest of the comments

[-] tusker@monero.town 3 points 5 months ago

The state is too incompetent and lazy for that. That is only on TV shows. In reality they just wait until someone snitches or moves $10 million then they swoop in claiming they were "investigating" all along..

[-] Scolding0513@sh.itjust.works 1 points 5 months ago

lmao this is so true

this post was submitted on 18 Jun 2024

14 points (76.9% liked)

Monero

1690 readers

7 users here now

This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

Wallets

Mac & Linux (Cake Wallet)

Web (MyMonero)

Android (Monerujo)

Android (MyMonero)

Android (Cake Wallet) / (Monero.com)

Android (Stack Wallet)

iOS (MyMonero)

iOS (Cake Wallet) / (Monero.com)

iOS (Stack Wallet)

iOS (Edge Wallet)

Instance tags for discoverability:

Monero, XMR, crypto, cryptocurrency

founded 1 year ago

MODERATORS

admin@monero.town