
In October 2024, World Liberty Financial announced that US residents must complete accreditation to join its whitelist for an upcoming token sale. The requirement has sparked reactions from the crypto community, with some criticizing the aggressive Know Your Customer (KYC) and investor accreditation process. The move is seen by some as a sign of the increasing regulatory scrutiny under the SEC, led by Gary Gensler.
🚨 Calling all US crypto Investors who don't scroll!! Register ASAP ⤵️ https://t.co/kSew6GsmkR If you node you node 🇺🇸 https://t.co/SfIcC7dkgs
making fun of @worldlibertyfi aside, its aggressive KYC & investor accreditation flow for Americans is a dystopian future of DeFi (at least for us)
They've been KYC'd. 🙄 https://t.co/LKwPLhVMEt