Cryptocurrency exchange Changelly admits it can steal users’ Monero (if it wanted to)

Government regulators haven’t made things easy for anonymous cryptocurrency projects. Monero fans are complaining about being profiled by cryptocurrency exchanges, after Changelly was found to wield the ability to effectively “steal” cryptocurrency from customers. One user has taken to Reddit to vent their frustrations. After attempting to exchange some cryptocurrency for Monero via Changelly, they were automatically classified as high risk. The funds were immediately quarantined until the account has been cleared of anything untoward.  A Changelly spokesperson has since confirmed the exchange service can indeed withhold suspicious transactions (and hold their funds until users provide further information). “To all Monero…

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https://ift.tt/2Q2gF5g David Canellis September 04, 2018 at 12:01PM