FireBallex
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Activity: 462
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April 23, 2020, 04:12:50 PM |
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Well it's true that you can use others ID to pass KYC but not all KYC verifications, for example binance exchange, their KYC verification is live not dropping or uploading the I.D
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Perfect35
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Activity: 854
Merit: 10
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April 23, 2020, 04:18:19 PM |
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I am sure that the use of other people's documents violates the laws of most EU countries, which means that in the case of a criminal case, you can easily be found by IP address and you will be brought to justice.
If we think of the aftermath of submitting our personal details to these untrusted people, we will never want to do it. I am just disturbed as to what these people really intend to do with the data of the people they collect. There are certain things that should be of priority to them, such as the product they promise or other things that will make people to trust their project, but they choose to go for the less important. Well, I believe that those who ask for the personal details of others and are so serious about it have wrong motives behind it. |
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bgaf
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Merit: 257
Worldwide Payments Accepted in Seconds!
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April 24, 2020, 03:14:03 AM |
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So better solution is avoid campaign or any project related with KYC as much as you can. There are always campaign that are good and you can join even without KYC. The purpose of this is for investors qualification and hunters should not participate or even asked to this. Fake IDs are the worst case scenario for everyone, someone could using up your identity without you knowing it all. What would happened next? If those guys using IDs of yours got caught in the middle of something illegal and of course you will be pinned down and hunt even you did not do any crime at all. So think twice for this kyc matter when you are going to share your files and make sure your files are all safe when you give in and only to trusted people. Once it goes to scammers folder then considered yourself in big trouble already.
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akirasendo17
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April 24, 2020, 03:42:52 AM |
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I just was brought up to speed on groups of people sending in fake/Photoshopped ID's by scanning public records to defeat the KYC process and it seemingly is very easy to do. It appears that many people sent in fake documentation to the Bob's and Polymath KYC and had no hassles. How do these companies verify people if all they have to go on is public information? Did they even really check the ID's or were they simply collected the data? How rampant do you think this is? How many of us are complete fools for turning in our documents when others simply faked it. Now they have our data and the people who faked it are still secure.
NOT FAIR.
This data come from the kyc on other projects that are asking for information, if you have remember even id name are being use and also email address, the reason why is that some bounties don't verify the informations since having a lot of participants will also attract investors, some bounties really ask information and verify it if its authentic, i don't know with some like what you are saying, just verify first the campaign if its legit or not |
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Maackayon1
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Activity: 60
Merit: 1
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April 24, 2020, 05:29:05 AM |
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It's not a new thing and it's obvious that people are not comfortable with sending their IDs but they have no choice especially if some good funds is involved. Whichever way it happens, it's not something that will stop so it's safe to do what you are comfortable with.
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kaneki007
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April 24, 2020, 06:14:14 AM |
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Why not giving fake ID for submit KYC and approved? I think is not serious problem because we can't trust anymore with some project exchange or bounty campaign must participants submit KYC document, how ever they will take benefit from our data using for other else.
If there is a bounty campaign that requires KYC, I usually don't participate because I'm afraid the project will scam someday. Now to do the KYC must be accompanied by a selfie photo so it is difficult to give a fake ID, not all fake IDs will pass the review stage because at this stage, checking is done manually by the team. |
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Stanlo
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April 24, 2020, 06:27:01 AM |
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Without KYC I won't be a Bitcoin holder today, in my own country to buy coins you need to go through KYC, remember this is the only way to stop money laundering too, how is KYC not helpful? Crime rates will increase in crypto space if not for KYC
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Iyanu14
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Activity: 795
Merit: 10
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April 24, 2020, 07:18:04 AM |
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I just was brought up to speed on groups of people sending in fake/Photoshopped ID's by scanning public records to defeat the KYC process and it seemingly is very easy to do. It appears that many people sent in fake documentation to the Bob's and Polymath KYC and had no hassles. How do these companies verify people if all they have to go on is public information? Did they even really check the ID's or were they simply collected the data? How rampant do you think this is? How many of us are complete fools for turning in our documents when others simply faked it. Now they have our data and the people who faked it are still secure.
NOT FAIR.
This issue of KYC in crypto really baffles me a lot. Honestly I'm seriously sacred when sending my docs for verification, especially nowadays when lots of scammers with shit projects are emerging. Some just use these data to deceive exchanges so that they can get listed and scam people eventually. How safe are our docs in the custody of these projects. May be I need to go and perfect my Photoshop skills too and stop sending in my real docs. But is it possible to Photoshop KYC document that has selfie? |
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tvplus006
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Activity: 2282
Merit: 1655
To the Moon
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April 24, 2020, 08:13:35 AM |
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That's the reason why i'm very hesitant in using my ID for verification of KYC, I don't know where my personal info. will go to, the dev. also don't say a word what they will do in the info they gathered. Such is the reason why i'm avoiding campaign that requires KYC.
I only pass verification on cryptocurrency exchanges that have a good reputation, because this opens up the opportunity to use additional services. I consider it very dangerous to pass KYC to get tokens in bounties and airdrops. I believe that normal projects should not require verification if you are not an investor. |
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BD Money365
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Activity: 262
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April 24, 2020, 10:57:49 AM |
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the ID such as passport and ID, necessary during verification by now goes against one of the fundamental skin texture of the trading platform,However transfer fake identification for KYC seems to be a loophole hackers are exploiting. If you are heavily invested and it requires KYC, will you fake and risk your investment getting frozen or send real ID and risk getting your identity stolen? It is different for everybody but for me, I rather have my identity than my money. That is why I avoid those investments without KYC but I avoid giving critical information.
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hinorizk
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Activity: 100
Merit: 10
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April 24, 2020, 12:22:32 PM |
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There are plenty of desperate people selling their KYC for money so yeah KYC is not completely safe or totally real without percent of fakes, document forgery. Best way to verify people identity is required call video to make sure there isn't one person behind hundred or thousand KYC documents and profit from it.
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bct_ail
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https://t1p.de/6ghrf
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April 24, 2020, 12:31:54 PM |
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I guess, It is not a big problem to fake Passport, ID Cards at all. It need a bit of your time to understand what you have to do and where you get the information from.
What I find is difficult is to fake is a Verification with Video. I mean such processes with webcam_ "Please look to your left. Now to the right. Hold your ID next to your face." That is live. How can anybody fake that?
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Vishnu.Reang
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April 24, 2020, 12:45:24 PM |
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There are plenty of desperate people selling their KYC for money so yeah KYC is not completely safe or totally real without percent of fakes, document forgery. Best way to verify people identity is required call video to make sure there isn't one person behind hundred or thousand KYC documents and profit from it.
In the dark markets, you can find plenty of people who are willing to do KYC for as little as $20 or $25 per exchange. Earlier the amount used to be even lower. Some of these people user their own IDs, while most of them use stolen or hacked ID documents. That's why I have always been saying that the current KYC system is botched or flawed and it needs a revamp. |
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shaheer001
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April 24, 2020, 12:54:07 PM |
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I think there should be implemented a law on a project which demand the KYC, The law must be about the investment as less than 02 BTC investor must be excluder from KYC and more than 02 BTC must forced to submit the Documents Here the new IEO/ICo project even demand KYC from bounty hunters which only ern tokens less than or equal to 0.1BTC. its is totally unfair.
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atjiat
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April 24, 2020, 01:51:29 PM |
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I think there should be implemented a law on a project which demand the KYC, The law must be about the investment as less than 02 BTC investor must be excluder from KYC and more than 02 BTC must forced to submit the Documents Here the new IEO/ICo project even demand KYC from bounty hunters which only ern tokens less than or equal to 0.1BTC. its is totally unfair.
if we talk about injustice and bounty hunters, then compared to 2016 and 2017, today the reward for one person can even amount to 20 or 30 dollars for several months of work. in this case, the requirement to provide passport data in this case looks like a mockery of a person. It seems to me that in this case no one will achieve justice, since each Bounty campaign has its own conditions, which each participant is formed to fulfill. but if we talk about state laws and the requirements of KYC, as well as when it comes to taxation of activities in the cryptocurrency market, then I believe that the minimums of cryptocurrency funds from which tax or interest will be charged and passport data should be determined here. if you take Ukraine as an example, then the government has made restrictions to 36,000 griven, a one-time transfer of cryptocurrency funds that does not require verification and is not taxed. And if the amount is higher, then everything should be carried out in accordance with the law. |
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bussybuddy
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Chainjoes.com
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April 24, 2020, 03:00:46 PM |
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That's the reason why i'm very hesitant in using my ID for verification of KYC, I don't know where my personal info. will go to, the dev. also don't say a word what they will do in the info they gathered. Such is the reason why i'm avoiding campaign that requires KYC.
I only pass verification on cryptocurrency exchanges that have a good reputation, because this opens up the opportunity to use additional services. I consider it very dangerous to pass KYC to get tokens in bounties and airdrops. I believe that normal projects should not require verification if you are not an investor. That's right, give your KYC only to Exchange that is popular and has proven have a good reputation. I have never filled KYC just to get an Airdrop token because our ID is more valuable than an Airdrop token. I often provide fake IDs if I join a Airdrop  Where can you get fake IDs? I, like you, never participated in airdrops that requested KYC because those were silly requests. The value of my ID is a lot higher than those airdrops |
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Balladtony77
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April 24, 2020, 03:34:57 PM |
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Sending in another person's ID is putting that person at risk too, it's better not to join any project that ask for KYC verifications, or just be sure where you are going to drop your I.D, I heard about the dark net where people buy I.Ds
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sidkz
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April 25, 2020, 02:08:01 PM |
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Now there are many places where they ask to take photos with documents
and it’s not how you can’t do it
I never sent anything anywhere and I think it's right
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cizatext
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Merit: 41
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April 25, 2020, 09:22:55 PM |
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I have Polymath and Bobs and they have non of my information. Sorry you sent yours in.
Remember its not illegal to hand your friend a fake ID. The KYC process is absurd as there is no way in hell they know who is on the other side of the ethernet cable.
Only fools send in real docs. Jesus guys.
Check out the laws in your area and wisen up to the internet game. Why in the hell would you give an unknown person your passport?
Come on man not only fools send in real doc some of us just choose to be real since we have nothing to hide and just going about our legitimate business on the net, it quite unfortunate some ops beat the kyc process by supplying face document and i believe the sites will do something about that inbox time. |
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Akiko
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April 26, 2020, 05:02:10 AM |
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Sending in another person's ID is putting that person at risk too, it's better not to join any project that ask for KYC verifications, or just be sure where you are going to drop your I.D, I heard about the dark net where people buy I.Ds
its really possible to use fake Id's in KYC because it will hard for them to verified if the is sended to them is legitimate or fakes. You can also use fake name but real photo of you. That's a big problem of many right now doing KYC because someone selling their identity and we don't know how those ID you send will be use someday in illegal activity. |
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