Sending in fake ID for KYC

[victorski]

I have to say that it is a dangerous thing to share your personal ID like that, because in case of a loss, anybody can use your ID the same way

[cryptomanspbmgdn]

there is an opinion that most airdrop spend just in order to collect your personal data and sell for " dark Affairs"

[Sergio444]

You know, the there should be other means to check kyc other than to turn in your legal documents to some anonymous entities. For all you know they data collected could be used in some plot against innocent people in the crypto market. Just analyze this carefully, a bounty hunter does all the effort to promote an ico, probably also invest in the ico as well and in return for the token you are now demanding kyc. A document like passport and national identifications are not meant to be joked with. They have been selling our detains out for their own benefits.

[Manc89]

I try not to join the ICO campaigns, which, under the conditions of accession, do not exclude the conduct of the KYC verification in the future. However, if such campaigns put forward such a requirement after the completion of the ICO, then there is no way out. In this case, it would be foolish to send your personal data to people who can eventually turn out to be scammers. Moreover, these persons do not have the opportunity to conduct a full-fledged verification of the information we send. Therefore, I fully admit they are not sending data to the steps, given that the KYC audit should be conducted against investors, and not those who do not invest in ICO projects.

Yes its true because KYC is only needed when the people invest in project. But why the project need kyc for bounty which get small payment from them? But its the rule. If we dont send the kyc then we will not get the payment. Its very hard decision mate.

[Akorharrison]

like seriously is that very bad of people, how could they do such things although I don't really think sending them right ID will lead to anything but I also wonder how they get right source of information if actually you send the right one to them. maybe they have an automated machine that verifies it so easily or that detect weather is wrong or right.

[LesterD]

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.

it is dangerous, dont mind people like that, because there are some circumstances that they may face in the future if there is someone find out that they are faking their identity on kyc.

[Crumple Cat]

Here's an opinion on this from Twitter, which was supported by many, including myself
https://twitter.com/MattoshiN/status/999277236934111232

"Why is it that participation in ICOs building 'revolutionary decentralised platforms' almost always seems to require submitting personal data for KYC/AML purposes into their centralised servers?"

[francojon]

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.

KYC customer is a huge problem in the crypto space, most of the times there is no guarantee at all on how the data is stored and who is responsible for any breach.

[AUruHM]

Here's an opinion on this from Twitter, which was supported by many, including myself
https://twitter.com/MattoshiN/status/999277236934111232

"Why is it that participation in ICOs building 'revolutionary decentralised platforms' almost always seems to require submitting personal data for KYC/AML purposes into their centralised servers?"

Excellent! Agreed. That's why investors have many ways to pass 
And KYC is not for ICO team. KYC is for governments and banks. Else project team can get much problem because they all live in the real world not in crypto only.

[avirdoz]

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.

Many campaigns I participated don't accept documents which were processed by Photoshop-like applications. Even if you just compressing file size to fit into the limit. So it's not so easy to fake your ID.

[zero714309]

I think there are some procedures that staff/admin only check a certain part of a data (kyc) means that not all in meticulous with detail,this is what make people to verify with a fake ID and from negligence is sometimes even honest so get carried away and come receive the impact,either banned ip or country.But not all admin/dev,there are still many who carefully in detail the overall kyc

[jmigdlc99]

Just goes to show the quality of this "Bob's" and "Polymath" project. Real companies like crypto exchanges are far more diligent on doing KYC. I even got rejected twice and was asked to re-upload my documents on a certain exchange.

Don't fake your KYC especially for real projects. Unless you want to lose all your money.

[BTCGOLD]

there is an opinion that most airdrop spend just in order to collect your personal data and sell for " dark Affairs"

As for me, it is a big threat to share personal information with unknown people. No one knows where they are stored and for what purposes they can be used. There is no guarantee that the data is securely stored.

[kworrom]

It depends on the responsibility of developers and founders. Some very carefully check every investor and so on. And there are people who do not care, because they have so much to do.

[thongnguyen1868]

this is really a lot of pros and cons, because I think KYC is really needed to avoid the multi account, but it is also often misused for fraud etc., therefore I hope for the future there is a solution to solve this problem

[commanderbitcoin]

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.

They don't really care because this KYC is just a formality to comply with the regulation. No wonder why selling personal information in darkweb is so rampant. I just hope those who pass their information will not turn into a wrong hand.

[jorj_pay_UZ]

I'm not worried about the paperwork at all. I have 2 passports, as I have the citizenship of the two countries formally. But always leave already those data that are not legally valid, but for verification are excellent. In General, it is necessary to choose projects with a normal reputation, so that your data does not go into other hands, or at least minimize the risk. Do not participate in projects with a suspicious reputation, IMHO.

[Kay94]

This happens when your data has been given out freely by some ICO's who collected your data maybe for some KYC purposes. But also people do get our info and use it as theirs and at the end our info has been submitted

[sundul]

I hope in doing KYC we must be careful because we will not know for the future. That our personal data will be used for what. And I think to avoid a project using KYC for participants to join.

[que91]

Usually, sending fake IDs to KYC is not easy, because fake IDs are generally easy to find on the Internet. If more than 1 user with the same ID, then their account will be banned by the ICO project. Therefore, to be safe, it is absolutely necessary to obtain accurate information from the individual ICO participant. And I think KYC bounty really is not necessary.