Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Topic started by: Goodcat49 on October 08, 2018, 12:58:31 PM
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One of the core ideas of cryptocurrency is anonymity. The creator of bitcoin, Satoshi Nakamoto, is still the biggest mystery in the industry, as he (or she, or they) decided to hide his (or her, or their) true identity. That’s why there are cases where top leaders in the crypto community use nicknames, even if they run cryptocurrency exchanges. Is this ethical?
A reader of Coinidol.com has written a bunch of letters to the editorial email from the address [email protected] with the accusation that it’s not ethical to run a bitcoin exchange if you use a pseudonym. You make people identify with their real names to comply with the KYC requirements of the exchange, but you hide your real name from your customers. Is this ethical and legal?
Our reader has given information and proof, that top managers of the Changelly exchange use nicknames in all official documents, but freeze the money of clients if they don’t give their real ID. Moreover, top managers pretend to be citizens of the Czech Republic, but they are Russians. Is this illegal? Is it a threat to all business of the exchange? Can it be closed any day by the government of Russia or any other country, because of that?
Read more: https://coinidol.com/is-it-ethical-to-manage-cryptocurrency-exchanges-using-nicknames/
(https://coinidol.com/upload/resize_cache/iblock/f3a/900_900_1/f3a4c41d772018406db6c54b1825ceea.png)