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    Author Topic: Impossible KYC Requirements - Stake.com - Withholding $6000 USD  (Read 2063 times)
    TheGreatPython
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    July 12, 2023, 02:36:14 AM
     #141

    already knew since months that stake.com was pure shit when i heard they ask for proof of income.. none of their fkn business. just dont bet on this site.. plain and simple
    It's definitely not something they do for fun or they like to do, it's probably one of the requirements of the AML laws that they need to comply with. If they don't confirm the source of income of their gamblers, that would make it suspicious for the gamblers and there might be potential money launderers authorities can't accept that so they force these rules on the casinos that are regulated so that there is no money laundering in the casinos.

    And, I don't think they ask for your proof of income at level 1 KYC verification but they ask for it for the highest level of KYC which mostly occurs because you either want to make a big deposit or withdrawal, or they might find some of your activities unusual and suspicious, that is when the highest level of KYC verification is triggered.
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