I think a lot of sites are using KYC laws to screw users too. I've lost a tiny amount of crypto to a couple exchanges due to that. I'm talking smaller smaller shitcoin exchanges, that are holding peoples deposits until they KYC. They should of warned users ahead of time so they could withdraw their funds.

I'm not a fan of KYC, and I get it's the law, but I don't want my ID sent to some small exchange located in some banana republic. For this reason, I think KYC is more dangerous to individuals than the problems it is trying to protect us from.