Sending in fake ID for KYC

[Nunii]

Thia ia one of the disadvantages getting online transactions using blockchain unless otherwise thumb marks are used plus one on one video calls. Been part of a group too and I should really say that was unfair.

[Tylev]

If organized the group with the notary will enter your information that you provided to the fraudulent ICO team in a fake real estate purchase and sale agreement on behalf of the killed owners, do you think the police will respect your rights if there are women and children among the dead ? There will apply to you such methods. that during the day you will sign any confessions. Most, sitting on the bunks in prison, only then think about what such a seemingly innocuous direction of your data might lead to. Believe me, I know that I write, in my experience there were many such cases.

[tangbori]

I also wonder sometimes about the machine they use for the KYC check. A lot of people submit fake ID and the machine will still confirm the fake ID as original one. In my own view I think all those KYC are not genuine.

[euggio]

If you're sending a fake, it's very easy to check it, if they have access to third party tools such as world check and etc   

[detector]

It's reasonable when people try to take their identity since any crypto activity shall be anonymous.
People also afraid for giving their real identity for uncertain project !

[Damn3d]

It is quite easy to do and I can understand people who are doing that, because they fear that their funds will be stolen or something

[lider1971]

it's required for them to report to the central banks if they received any fake docs or id, KYC is a compliance requirement for most countries      

[^BuTcH^]

To be honest I sent fake ID multiple times and no one notised, so I guess that companies running this process don't really check ID either filter chineese and americans, just glancing on a passport.
But remember that it isn't legal to use fake id and probably in future it will be more strict and some of fakes will suffer

[APICEMTECH]

I heard recently that someone used an id from some movie to claim their bounty tokens. Basically they just paused the movie and took a screengrab and sent it to the bounty manager to get hold of their bounty tokens.

[Pamela1966]

Kyc is a pain in the ass, it's becoming very rampant almost every ICOs requesting for Kyc to be passed and no one can guarantee the documents submitted are safe so I think it's high time everybody revolt against this crypto enemy to nip it in the bud before it kills crypto

[bitsmichel]

Recently, here in my area somebody took a micro credit from a small company using that type of a fake ID, so I fear that this can happen also with mine

[emmaeducatorxx]

I don't encourage entering campaigns which are asking members to fill in KYC forms which is in itself despicably since it goes against everything crypto and bitcoin stands for. If everybody actively abandon such campaigns, the companies themselves will stop asking for KYC submissions. There are so many campaigns which don't require KYC submissions in order to earn profits. I don't encourage submitting fake KYC in order to earn profits since this could probably pose a problem to the person whose credentials you are submitting.

[digitran]

If you caught, your account will be be frozen, they are asking to avoid duplicate entries. Better provide original KYC to avoid such kind of things.

[joanamaybe]

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

[2Pac]

The solution is simple, never send your identification info to anybody. If you are so willing to buy that coin/token you should buy from market. Nobody have right to collect personal info, if you are not willing to pass them for free.

[bezzler]

I know, It may be done by someone who don't want to send their real ID because of some reasons. KYC is actually needed for the investors to know well the investors. But, I know that it must be announced in the beginning of the project launched. So, the investors or the bounty hunters have known this rule. However, whatever the condition, sending the fake ID is really forbidden and it is not fair.

[Swenna]

The solution is simple, never send your identification info to anybody. If you are so willing to buy that coin/token you should buy from market. Nobody have right to collect personal info, if you are not willing to pass them for free.

Thatbis indeed true. They can just reject the idea of going through a KYC and buy the coin in The market. But the only drawback here is that most ICO investors likes to participate in ICO due to the fact they can actually buy the coin a lower price compared to the market proce. Plus, some bonuses are akso given. But anyway, its still their choice.

[MoneyCrafter]

I agree what you say, the company that receives the KYC should be careful to check the incoming identity data, because if it is still like that, it is unfair to the person sending the real data.

[ukloon]

I agree what you say, the company that receives the KYC should be careful to check the incoming identity data, because if it is still like that, it is unfair to the person sending the real data.

But how exactly will they check these documents in the first place? Are they going to take them to the national passport agency and get everything verified?!  this is a long and expensive procedure and they will not bother unless it is a big project like THEKEY

[wantjokull]

Thats really good point that you have started to discuss here. I guess KYC verification needs to be done with the government portal to verify the authentication of the documents. If they are just going to collect it then I am pretty sure they are just idiots around making the ICO developments. If they have no respect for the real investors then they will never care about such fake KYC's. It is their own loss and thus it is not fair for them and when they loose their money then we are also loosing many things here. I think it has to be brought to attention of someone who cares about the whole thing. As it has direct impact on the true bounty hunters and investors too.