Seeking anonymity isn’t just the preserve of criminals and those with something to hide; there are plenty of good reasons why you might want to buy Bitcoin anonymously. The know-your-customer (KYC) data held by cryptocurrency exchanges is a prime target for hackers, with several exchanges including Binance and Coinsquare having been hacked in recent years.
Why 2020 is the year of privacy
Once that information is loose, it’s a tempting opportunity for fraudsters and scammers looking for an opportunity to pry your Bitcoin away from you. The July 2020 hack of Ledger's customer database led to victims receiving phishing phone calls and threatening emails from criminals trying to part them from their cryptocurrency.
Wouldn't want to be a Ledger customer right now
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