- Crypto analyst Adam Cochran initiated a debate on Twitter regarding Binance’s KYC policies.
- Cochran highlighted suspicious accounts, questioning how they passed Binance’s robust KYC.
- Binance’s KYC policies vary by jurisdiction; international KYC is more lenient, says Cochran.
Crypto analyst Adam Cochran sparked debate on X (previously Twitter) over Binance’s know-your-customer (KYC) policies after highlighting suspicious accounts.
Replying to a post showing now-closed Binance accounts allegedly tied to the Palestinian Resistance Movement Hamas, Cochran asked how such accounts weren’t noticed if Binance has robust KYC. Some flagged names suggest Binance likely knew their activities, he suggested.
Given that some of these names and IDs flag in databases and some have much smaller Binance ID numbers suggesting they’ve been around for a while how can Binance claim to have a top notch KYC team?They knew what some of these accounts were for sure… https://t.co/eTevNG1IDB
— Adam Cochran (adamscochran.eth) (@adamscochran) October 13, 2023
Another user countered that Binance has the strictest KYC among exchanges, based on his experience. Moreover, he aband…
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