>Whatever is needed
Someone made a fake account -> we need "Whatever is needed" to make creating fake accounts harder is exactly the wrong way of thinking about it. It's the same kneejerk reaction that got us PATRIOT act and TSA after 9/11.
https://www.bitsaboutmoney.com/archive/optimal-amount-of-fra...
Or if you're more swayed by social justice, all these onerous checks also makes it harder for "unbanked"/"underbanked" people access to the financial system, which has real harms for them.
The person who is now facing charges for a crime she did not commit is experiencing ‘real harm’.
Absolutely shameful to defend a b$ company that doesn’t not have adequate protections to prevent this from happening. Imagine this happening to you or your own - whisked away and locked up for a month for the crime of losing your wallet and getting your identity stolen.