Comment by arjie

I agree. The onerous nature of KYC rules is the mechanism usually used to correctly assign the problem to the person who did not run KYC well. What actually happens in these scenarios? It seems to me that the victim here should be able to sue CashApp for claiming to represent her, but that’s unlikely to work, right?

It is definitely strange if I walk up to someone and claim to be a lawyer for their employer who needs their badge. Is the employer the victim of identity theft? Doesn’t seem convincing to me.