#On-Chain Activity

Now, I wanted to throw my money in $KAS, but then I did some research and some sources from November and beyond show that more and more problems (could) occur around the transaction history which is untraceable.

Another point would be the Customer Due Diligence (CDD) rule that is broken.

About transaction history part The article alleges that Kaspa is involved in a scam, claiming that coins may have been stolen, and transaction data has been tampered with or erased. It presents details from TECHLEAKS24's research, suggesting that the Kaspa blockDAG is corrupt. The article questions the validity of balances and raises concerns about the team's involvement or collusion with potential attackers.

About legal part The article raises concerns about the legality of Kaspa. Despite the success of $KAS, the author points out that it may be illegal due to non-compliance with regulations such as Know Your Customer (KYC) and Anti Money Laundering (AML) laws. The Financial Crimes Enforcement Network (FinCen) and the Customer Due Diligence (CDD) rule, emphasizing that failure to comply with these regulations could expose Kaspa to legal consequences, including arrest, prosecution, and asset seizure.

I'd like your thoughts on this.

Below the sources:

Transaction history problems Legal issues Show Less

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