Binance Users in China, Elsewhere, Evade KYC Controls With Help of 'Angels': CNBC

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Binance Users in China, Elsewhere, Evade KYC Controls With Help of 'Angels': CNBC
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Some Binance employees and trained 'volunteers' are helping users in China and other countries evade Binance's Know Your Customer (KYC) controls, CNBC reported. GregAhl writes

Wednesday, citing Chinese-language messages from a Binance-controlled Discord server and Telegram group.

The message group participants, called"Angels," share techniques such as forging bank documents, falsifying addresses and hiding the country of origin to allow users to bypass controls and obtain a Binance debit card, according to the report.

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