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Re:Tell HN: Instagram demands I send a picture of myself to ... by bigiain on Monday June 20, 2022 @10:17PM (#31819022)
If you want to read that in the most favourable light, perhaps that's more AML/CTF regs. You can't be laundering money or funding terrorism until you try and get cash _out_ of your account.

But like others are saying, there's ample evidence that Robinhood are despicable, so they sure as hell don't deserve and favourable interpretations of their trashier policies...

Re:Tell HN: Instagram demands I send a picture of myself to ... by heavyset_go on Wednesday June 22, 2022 @06:48PM (#31842869)
Obfuscating how the money enters the system and is transferred is a crucial part of laundering, so I'd disagree that laundering only happens upon withdrawal.