Digital IDs cannot solve KYC fraud, ever.

Users already sign up with data that is stolen from KYC databases, generated with AI, or sold to them by verified users.

If a guy will sell me their verified Coinbase Pro account, you can bet your a** they’ll sell me the keys to their personal eyeball app.

It does not matter how much “verification” you’ll attempt to slap onto this system, because the system *itself* does not work.

KYC is a scam that *enables* financial crime at the cost of all of our privacy.

Read: 31 Reasons Why AML Is Retarded in this week’s newsletter 👇