Sending in fake ID for KYC

[mirakal]

I do think that we will eventually have full KYC for crypto and that it will all be checked properly. The situation at the moment, and how easy it is to fake it, does really demonstrate that even real legitimate ICOs who want KYC info often just do so as a box-ticking exercise in order to comply with the rules.

There is a rule that they have to comply.

Before submitting with the KYC requirement, we need to check if they are also registered, because if not, it's unfair to us that
they will request KYC when they alone are not registered.

It's a shady activity, you should doubt their legitimacy at the beginning and don't risk your money at all.

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[ariyzt]

i dont think they check all of them
just collect and didnt care if fake or not as long they give information about urs (althouth it fake)

ICO with kyc is to risk too
u dont know them and u send them ur information
i prefer join ICO or bounty with no kyc requirement

[adamlillian]

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 is really a difficult action to accept. But because the project owner has requested KYC, the bounty hunters will find ways to get rid of that barrier.
I think the airdrop or bounty campaign is not recommended to KYC. KYC is only suitable for investors and it is useless for bounty hunters.

[Bountyl]

At the moment, some exchanges have sold all personal data of users under the guise of hacking. Their passports, driver's licenses and everything else can be bought on the Internet at very cheap prices.

[S[m]OKE]

I send my documents and I do not see anything dangerous in them, we show them and give copies in everyday life, until there were no problems.

[c2Gin]

You can send fake documents, of course, but I don't think it can work every time in every bounty company. But on the other hand, the procedure of KYC is not clear to me, because I do not understand how they check people. Are they watching everyone or maybe just someone randomly selected and that's it?

Because of your topic many campaign and company will be alert and i guess they'll look for more security and stuff. Just to protect the reputation of the certain company.

[vixcious]

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.

That is really a wrong act. In telegram channels, I have seen many people use photoshop software to edit and use it as KYC. It was really unfair to me.
In addition, sometimes the bot still cannot recognize that it is a corrected image and that is bad. I think we should set up a team of members to test these KYCs ourselves.

[10c]

I send my documents and I do not see anything dangerous in them, we show them and give copies in everyday life, until there were no problems.

when you send on the Internet and do not know where your documents can be sold and used on the darknet to register any prohibited sites / materials

[princeyeboah]

It is known that most people send fake documents as KYC and it seems apparently very difficult to verify which one is original. Because of this, most projects prefer to use video KYC which requires the customer to make an instant live video and photo as a form of verification. I think this trend is very effective as compared to the old trend of sending photos of old documents.

[kewlc3s]

Because of the increase in the number of platforms requesting documents, the number of falsifications and documents stolen and sold on the black market has increased ... this situation is impressive

and the core problem is because the project requesting for kyc without any prove that they are legit. People also could fall easily for this trick. Project that requires KYC should only be the one that apready being verified by the government.

Partly agree with you. I am scared to provide KYC.
Projects approved by government could solve this issue, but from other side, government then will know about all your investments, full portfolio.

[SwiggHeart]

It would be so risky if you send a fake ID for KYC because they know to detect fake ID in any way. Nowadays technologies are very smart.

[uniquark]

But indeed it is not fair. I do not know how to work in Photoshop, so I sent my real data to KYC. I hope I’m lucky, and my data will not be used for other harmful acts.

it is fraud committed by vandals, by being dishonest for KYC problems there may be a lot of losses that occur especially in people who use their data. there should be an institution to handle this

This only makes the market chaotic, with sophisticated scams like this. I think it will make ICO projects more difficult in this bad time

[cryptocyprus]

I am not sure that this still works, since earlier, when this procedure was just beginning to emerge for many ICOS, the documents were not checked very carefully.

[heritage35]

I think kyc should not even be used as a means of screening out bounty participants. There are other measures that can be use, that will be More effective.
If is possible that someone sends fake identity or an identity that us not his and you will not get to know about it.

[Osayo]

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.

Seeing this post may want to get me angry for ever forwarding my ID to claim a bounty reward. I will never try it again. Let the bounty managers keep the tokens for all I care.

[JohnMacZeppelin]

Of course, I do not support this practice, but you understand that on the other hand, you completely give your data to the hands of people you don’t know at all. Therefore, I think that all this will definitely lead to the fact that people will have problems.

[bolshojkush]

I think it will be possible to get rid of fraud to some extent, if ICO projects for passing the KYC will use The "telegram passport".

[shakesbear]

Maybe they just wanted to weed out the bots, another benefit in this method I do not see.

[MUG1WARA]

At the moment, some exchanges have sold all personal data of users under the guise of hacking. Their passports, driver's licenses and everything else can be bought on the Internet at very cheap prices.

Wow, I was very surprised to hear this because I had never heard of it before but if I thought it made a lot of sense if they sold it for hacking reasons, I still wasn't sure if there was no evidence

[tonibyuzen]

In most cases, when you are required to provide a photo of the document and payment to confirm the address of residence, fake documents are used. This is in my opinion even correct, as no one guarantees you the safety and security of your data. Therefore, I advise you to think 100 times before sending documents.