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Re:“Privacy”.com–Yeah Right by vorpalhex on Monday October 03, 2022 @11:41AM (#33069071)
It's not the existence of KYC, it's that their KYC provider is slimey and not privacy respecting. Selling your data to potential bidders is a no go.
Re:“Privacy”.com–Yeah Right by jcz_nz on Wednesday October 05, 2022 @06:14AM (#33093458)
The scenario is that a potential buyer audits random records to validate that checks are/were handled ok and the data that must be preserved for KYC audits actually is. This isn’t “selling your data to potential bidders” (if they are bidders there is no sale presumably?) so not sure why you are reading into it such intent.
Re:“Privacy”.com–Yeah Right by badrabbit on Monday October 03, 2022 @02:00PM (#33071255)
Pretty sure selling your passport pic is illegal, as far as name, address and IP all major banks are doing this already.