Big Tech: KYC is necessary for your security.
Also Big Tech: We accidentally leaked millions of records of all our KYC'd customers data 🙃
Are we talking about that 16B hack?
That was proven to be fake, though I changed some things for my accounts, just in case.
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That was not the first and definitely not the last attack. Only the one that is most recent in memory.
I try to avoid as many KYC services as possible, with some exceptions (credit union primarily).