MultiversX Tracker is Live!

Ledger vulnerability is the hot topic. Now let’s talk honeypot

Bitcoin Reddit

More / Bitcoin Reddit 117 Views

With lots of people scrambling to get away from Ledger (don’t blame em), security is a huge topic here. On that note, I’m curious and growing more concerned about the KYC honeypot and potential vulnerabilities from it. Most of the discussion here centers around governments knowing what you have, but the leak of PII is IMO a bigger concern.

Once your information is held by a CEX, does it ever go away? If I delete my accounts is there a set period before this is purged from their systems? I’m aware that that info is into the void and you can’t get it back. You can sell your coins back, but the CEX still has your info which means you are still vulnerable.

Curious and looking for info- how do we protect ourselves if we’re KYCed? Is just hodling the BTC forever a viable option to hope time diminishes the privacy risk?

submitted by /u/29skis
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments