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Exchanges are obliged to have KYC (know-your-customer) processes in place. In practice, many of them do not do this properly, people can open fake accounts, and deposit the funds to that account.

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    Who said: " Sometimes we need to let go of our pride, and just do what others ask of us."
    A Shmi Skywalker
    B Anakin Skywalker
    C Spider-man
    D Padme Amidala