One market’s shutdown comes after the Treasury Department sought a related ban.
      • LainTrain@lemmy.dbzer0.comEnglish
        0·
        13 days ago

        I made a PayPal account like 20 years ago in a third world country. The only thing you needed then is an email and password.

        I have no real name on there and no PII, technically my bank card is attached but on PP itself there’s no KYC. I think you could probably use some types of prepaid cards with it if you want to avoid using a bank altogether but for me this wasn’t an issue, I just didn’t want my ID on any records, I don’t have any serious OpSec concerns otherwise.

        I’m sure you could either buy PayPal accounts like this if you needed to, or make one in a country that doesn’t have KYC laws somehow.

        From there I’d add money to my balance and send money as F&F. At no point did I need an ID so in that sense there’s no KYC.

        Some sellers on localmarket were fancy enough to list that they wanted an ID for KYC, but I’m sure you could just send them any random ID you made in paint from the republic of dave and you’d be fine.

      • mosiacmango@lemm.eeEnglish
        0·
        16 days ago

        Step one seems to be “find a new market” now that you cant use this one anymore.

  • brucethemoose@lemmy.worldEnglish
    0·
    16 days ago

    Funny how they operated on open-ish, centralized, highly accessible social media, yet Telegram has basically zero liability for hosting it, and seemingly little motivation to seek out such things.

    It’s almost like trusting commercial social media to be decent arbiters, in exchange for their legal protection, isn’t working out so well…

    • Ulrich@feddit.orgEnglish
      0·
      15 days ago

      Telegram has basically zero liability for hosting it

      Not sure if you heard the news but the founder was put in jail for it for a while. He’s now complying with gov requests to remove chat groups.