Comment by mothballed

KYC and AML invert the burden of proof and are essentially an exception to the 4th amendment, that's why they're so controversial.

I tried to open a bank account when I was moving states before I had a local state ID or any utility bill or proof of address, no one would do it because they stated the standard the feds hold them to for KYC would essentially presume I am guilty of lying and require me to provide documentation to prove I'm not.