this post was submitted on 12 Sep 2024
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Privacy

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I wanted to try paying for Mullvad VPN using a private method (Monero). I created a wallet and went to an exchange (Kraken) to buy some XMR, but they want me to enter all my personal details upon registration. How does this make sense? Is there an exchange where I don't have to provide personally identifying information?

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[–] sploodged@lemmy.dbzer0.com 5 points 1 month ago

here's an i2p magnet link to the irs chain analysis talk from last year:

magnet:?xt=urn:btih:d371d4e4cb9a3760ef79e94fde0b8edf22062e49&tr=http://tracker2.postman.i2p/announce.php&dn=chainalysis-monero-presentation-to-irs-august-2023.av1.webm

gives some insight into how they do it with their analysis tool. i'll let you draw your own conclusions based on your own risk profile, but if you're a target and they have enough confidence with the tool, they could grow a profile and subpoena the target exchange for kyc.