Shell-Shocked HitBTC Users Shout ‘Fraud’ in Response to Severe KYC

P. H. Madore
HitBTC users are being asked to provide excessive detail about the derivation of their funds, according to multiple sources. | Source: Shutterstock

By CCN: HitBTC users are being asked to provide excessive detail about the derivation of their funds, according to multiple sources. Even Bitcoin developer Luke-Jr was forced to undergo KYC in order to withdraw funds. The famous small-blocker reportedly had chosen the exchange for its perceived lack of know-your-customer compliance.

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HitBTC, Would You Like A Blood Sample Too?

One user reports that HitBTC has frozen around $12,000 with the following message, which came after he provided all the requested verification documents:

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