On March 23, CNBC reported that a group of Binance angels shared techniques that allow users to bypass the platform’s KYC, residency, and verification systems.

CNBC confirmed the information by reviewing hundreds of messages posted on a Discord server and a Telegram group controlled and operated by Binance, which apparently ran from 2021 to March 2023.

According to CNBC, a number of Binance employees and “angels” (volunteers trained by the exchange to promote its use) provided video guides and tutorials showing the steps for users to forge bank documents and provide false addresses when registering on the platform.

The employees even showed techniques for falsifying their country of residence to obtain Binance debit cards.

The report also revealed that many users in China were able to access Binance’s services despite the country’s ban on cryptocurrency exchanges since 2017 and the use of digital assets since 2021.

According to a Binance spokesperson, the exchange has already taken action against employees who may have violated the company’s internal policies, making forbidden recommendations and going against its rules. Employees who violate these policies face audits and may be immediately fired.