This is from polo's terms:
from polo's terms:
10. BSA / FinCEN
Poloniex is registered with FinCEN as an MSB (Money Services Business), registration number 31000055869515. Poloniex may be required to file details of account activity to this organization from time to time.
11. (AML) Anti-Money Laundering & (KYC) Know Your Customer Policy
Poloniex aims to reasonably identify each user by cross-checking user data against governmental watch lists such as OFAC, as well as 3rd party identity verification and authentication services. If a user or a user’s transaction is flagged as suspicious through our internal controls, Poloniex will require additional proof of identification from the user and has the right to not permit any trades, deposits, and/or withdrawals until additional and verifiable proof of identity is received and the Compliance Officer has approved the user for use of the Platform.
By agreeing to our Terms, you acknowledge and understand that Poloniex maintains verification levels which require user participation and verification in order to obtain, with leveled permissions based on user-supplied information, our ability to verify it, and our internal policies. You accept that you may not be able to achieve a desired level of verification, and Poloniex reserves the right to determine, at its sole discretion, the appropriate Verification Level for any user, as well as the right to downgrade users without prior notice. Poloniex may, from time to time, implement policies restricting Verification Levels by nationality, country of residence, or any other factor. This may affect your ability to withdraw funds in your account and you indemnify Poloniex against any losses associated with an inability to deposit and/or withdraw funds based on your verification level.
So yes, they can give your personal info to the gov't whenever they want.
True story, about two months ago I tried to move money from the UK to where I have been living in South Korea (hardly a terrorist state). The transfer wasn't just checked but was actually frozen and the payment I made was not honoured which actually cost me cause I lost out on a currency price. It took a while to get in touch with my bank to get some answers, they told me because the amount was over 5,000 pounds which is around $7,000. I wasn't helped I was basically roughly accused by some kid on the phone about my personal beliefs and if I held extremist views and what MY money was being used for. I was basically threatened that IF I didn't answer the questions I wouldn't be able to unfreeze MY money. Personally I didn't take any shit but I imagine most would of been nervous from this kid on the phone. So cut a long story short we are clearly moving into a time of capital controls, what could anyone do with $7,000 these days, it wouldn't even buy you a car, so my perfectly legally account is frozen for what is for the average guy a couple of months wages. BS on the Terrorist stuff, thats just how they shoehorn this kind of stuff in. Next they just have to change the definition of extremist to someone who owns a large amount of Bitcoin or expresses anti government sentiments. etc...
“paranoia is just a heightened sense of awareness”
― John Lennon
no own message exchanging service.
