For those of you involved in AML compliance, how do you practically approach the due diligence on incredibly illiquid micro-cap altcoins? It feels like an impossible task to truly verify source of funds for such niche assets.
It's definitely a challenge. Many firms just set a higher risk threshold for these, sometimes even avoiding them altogether, given the difficulty in tracing true ownership and transaction history.
That's a great question. I imagine it's a huge headache trying to trace funds through those tiny altcoin markets; feels like you'd hit dead ends pretty quickly. Do you find there's a point where the effort simply isn't worth the return in terms of risk mitigation?