this post was submitted on 18 Jun 2024

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Monero

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Account with 200k+ frozen by Coinbase (r/CoinBase repost) (www.reddit.com)

submitted 6 months ago by [email protected] to c/[email protected]

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KYC exchanges, are going to be worse than traditional bank accounts.

That's madness. Asking people to prove where funds come from + their identity for finally freezing their savings like that.

The Monero community is getting immune from this with haveno & AtomicSwaps. SeraiDEX soon :)

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[–] Scolding0513 3 points 6 months ago (2 children)

NYK, NYC

I can't have sympathy for this guy. Even if you're the kind of person that doesn't mind exchanges, it is basic fiscal responsibility to split your large wealth up into multiple places

these are the kind of nerds that dont have any responsibility, they just trade crypto for the lulz and dont know anything about how crypto works.

Natural selection at its finest. the idiots get nerfed.

[–] [email protected] 1 points 6 months ago (1 children)

Maybe it's a lot to you, but what makes you think he didn't split up his wealth? The guy probably has millions split up in various accounts.

[–] Scolding0513 1 points 6 months ago* (last edited 6 months ago)

someone who has millions in other accounts isnt having 200k "ruining his life" and complaining and whining on reddit 🤣🤣 try again bro. use your brain