If you are willing to accept an asset as collateral that can be frozen, then the onus is on you as the lender to take some steps to Know who Your possible Customers are.
Funny how the same argument can apply about the customers of Binance - if you are willing to accept to keep your funds in the hands of an unregulated third party which has a disclaimer at the top of the page saying "Don’t invest unless you’re prepared to lose all the money you invest.", then the onus is on you if you lose your money
Funny how the same argument can apply about the customers of Binance - if you are willing to accept to keep your funds in the hands of an unregulated third party which has a disclaimer at the top of the page saying "Don’t invest unless you’re prepared to lose all the money you invest.", then the onus is on you if you lose your money
Sounds fair to you?