American people screaming about Palantir control or take over their data , in the name of surveillance, but they never complain about Google and Apple which actually owned most every data of any citizen in the world . It’s more like “ politics nuance “ instead of understanding what the data could be good and bad to used for .

Know your customer and know your business has been long practices , even in crypto market , you always need to verified and authentication your self .

It’s to protect you from fraudster .