A few years ago, participating in new coin issuance on a major platform and getting banned from the account, losing the qualification to participate in new offerings, was a common occurrence. The more troublesome issue was the subsequent second KYC requirement—if you encountered a situation where withdrawals were restricted, there was essentially no effective channel for appeal.

Most users I’ve interacted with adopt a mindset of accepting their losses and not complaining. When email appeals go unanswered and losses become irreversible, most choose to remain silent rather than go to social media to cause trouble, which in itself speaks volumes. This reflects an imbalance of power when users face platform policies and a lack of an effective appeal mechanism during compliance reviews. For those who want to participate in the on-chain ecosystem long-term, such risks cannot be ignored.