Why Bitfinex’s KYC Process Sets the Gold Standard in Crypto Industry

Description

Would you ever lend money to a stranger who emailed you out of the blue? Exactly. Yet that’s the reality of the internet in 2025. Every day, you’re transacting with people you’ve never met, from every corner of the globe. Many are legitimate. Some know exactly how to hide behind layers of fake information. In fact, as the Bitrace Crypto Crime Report 2025 points out, crypto-related losses have already topped $502 million this year , with 63% due to hacks and the rest tied to phishing, rug pulls, ...