KuCoin using KYC and AML policies to hold users funds for their own purposes - despite being unregulated and without a licence

My funds have been held by KuCoin since the 13th of august whith no explanation. The company has asked for many documents which were all supplied to them. Most worrying part is when I appointed legal team their findings were shocking!!!! KuCoin is not regulated and has no licence - hence their AML and KYC tactics not systematical but rather based on their own preferences!!!!! It uses a Seychelles company that can be purchased for 800$ as their legal base. 13/08/21 I am asked to fill in enhanced KYC form and well as passport - i do that and supply all documents 16/08/21 I am asked to give screen shots - I provide screen shots to show ALPACA coins were bought on pancakeswap website, I am asked to provide 3 months bank statements I provide that 23/08/21 IAM AGAIN ASKED SAME ALL OVER AGAIN??? 25/08/21 Get an email asking for screenshots of emails by KuCoin and when I sent that I get reply that I DO NOT NEED TO SEND AGAIN just have to wait!

submitted by /u/obviatorscolp42 to r/btc
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Quelle: bitcoin-en