asking for KYC is illegal if you are not regulated. next time check with your lawyers before coming here and conduct illegal business.
Do you have a reference for this?
I'm fairly sure that people can ask for anything that they deem necessary before conducting business with someone... "regulated" or not. Whether the person chooses to provide what has been requested is up to them. On the flipside, if you
are regulated, then it's more that you
have to ask for KYC documents, even if you don't want to.
"next time check your facts before coming here and trying to sound all knowledgeable."
Dude, stop posting for the sake of getting paid in your signature.
If what OP is doing is actually true, having hundreds of thousands of Bitcoins and trying to conduct business without having license from regulation bodies, they could go to jail and or be prosecuted to illegally exchange fiat with Bitcoins. you also don't get to ask for KYC documents if your not permitted by the law. they don't have any official exchanging site, they do business over the counter.
If you want to dismiss the shady legal aspects of their business, do that. here is another thing I could ask from them:
Show us your Bitcoins or no red tags will be removed, we have the right to ask this and if they are not willing to provide what we asked, then we are not going to remove their tags because we consider their lack of cooperation untrustworthy behavior.
asking for KYC is illegal if you are not regulated. next time check with your lawyers before coming here and conduct illegal business.
Do you have a reference for this?
Firt off digaran doesn't know anything about the location of that user so how in the fuck would he know what laws that user has to conform too and who regulates them...?? This is typical of this user, he makes stuff up and states it as fact. When people say things like X is illegal, until you produce actual laws from actual countries involved you can consider it as something pulled out of someone's ass.
Second it probably is a scam LOL
Look who is not aware of anything and is talking out of their ass. I'm not the one who tagged OP, I'm just trying to help ibminer and qwk. they tagged the OP rightfully because there are too many unanswered questions here. besides the red tags are based on DT laws.
