Sending in fake ID for KYC

[fapar]

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

This information is more than two weeks old. As really was we do not know. But most likely there was a real hacking, as the cost of selling data is very low ($10 for 100 documents and the more you buy the cheaper it will be).
https://www.ccn.com/hacked-customer-data-from-world-leading-cryptocurrency-exchanges-for-sale-on-the-dark-web

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[Olayinka225]

I think people send in fake id's when they foreseen that the project could be fake there by nothing putting there real id's into jeopardy. Put still yet, kyc also need to be regulated because most investors don't really know how our id's are been stored and used for.

[Aiberg]

This is why you should be extremely selective if the kind of Airdrops or bounties where you send your personal details, these days it is not funny at the rate that scammers are harvesting people's personal details, this is why I don't do KYC unless I trust that project.

[mastersay]

It is a gamble to send fake data and find your account frozen at a later point of distribution. For sure not an easy task checking IDs from dozens of countries.

Yes, that is right .It is okay if they found out that you are using fake data or id, that they just let you go. But what if they will hold the funds that you have invested, I guess its game over for you.

[canaveralnonie]

It is a gamble to send fake data and find your account frozen at a later point of distribution. For sure not an easy task checking IDs from dozens of countries.

Yes, that is right .It is okay if they found out that you are using fake data or id, that they just let you go. But what if they will hold the funds that you have invested, I guess its game over for you.

That is possible dude, so better to follow the rules of the specific crypto gambling company. If you can't afford that, go find other option ( other project ) without KYC or AML. For this, you will play comfortable and nothing to worry than losing a bet.

[ansarose1]

I dont know if why other people would do this when they can also used their correct i.d. for true kyc verification. It would just lead to disqualification or the worst scenario is a fraud or scam. I hope we should be refrain from doing that.

[NewRanger]

It is a gamble to send fake data and find your account frozen at a later point of distribution. For sure not an easy task checking IDs from dozens of countries.

Yes, that is right .It is okay if they found out that you are using fake data or id, that they just let you go. But what if they will hold the funds that you have invested, I guess its game over for you.

That is possible dude, so better to follow the rules of the specific crypto gambling company. If you can't afford that, go find other option ( other project ) without KYC or AML. For this, you will play comfortable and nothing to worry than losing a bet.

if we not ready give us our identity data to projects that need kyc , we shoul avoid this projects.there are still many same projects in market that maybe didnt need any kyc.dont ever gambling with our money only caused kyc.

[Jannyh]

Honestly, i see no reason bounty hunters should be asked for kyc after rendering their services. What is kyc? I'm sure it simply means know your customer , are we then their customers? The kyc system is just to deny bounty hunters of their hard earned reward. If there was a way, i think this noble platform should put an end to the kyc issues.

[prestigio74]

By itself, KYC is easy to go through, and many use it, so it seems to me that it is not productive!

[Minecache]

If there is a possibility to cheat KYC with fake ID - there is no point in such KYC.
If there is a possibility KYC cheat us by leaking your data - there is no point in such KYC.
If we need to do KYC every single project and send our documents with huge risk of a leak - there is no point in such KYC.
Current state of KYC in crypto is at very low security level...

[novusordo]

Honestly, i see no reason bounty hunters should be asked for kyc after rendering their services. What is kyc? I'm sure it simply means know your customer , are we then their customers? The kyc system is just to deny bounty hunters of their hard earned reward. If there was a way, i think this noble platform should put an end to the kyc issues.

KYC for bounty is not necessary, but in some cases it may be mandatory because it can limit fraudulent use of multiple accounts. But now there are many bounty abusing KYC and it is not so nice

[jrrsparkles]

If there is a possibility to cheat KYC with fake ID - there is no point in such KYC.
If there is a possibility KYC cheat us by leaking your data - there is no point in such KYC.
If we need to do KYC every single project and send our documents with huge risk of a leak - there is no point in such KYC.
Current state of KYC in crypto is at very low security level...

People suggested some kind of intermediate between the project and investors to do KYC and to secure all our details but still it is in the huge risk so KYC should be completely avoided from new projects or people should avoid investing on the projects which asking to do KYC.

[overnight03]

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.

I find many ICO projects seem to use KYC as a not so important step and they mostly don't care about it and I also wonder what they use our documents for? it is not like google and facebook

[Thyristor]

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.

I find many ICO projects seem to use KYC as a not so important step and they mostly don't care about it and I also wonder what they use our documents for? it is not like google and facebook

I submit fake documents for bounty reward which projects are looking fishy. Because i don't agree to submit real documents in random projects. Thing is funny they can't detect fake documents.

[lemonandfriesonetwo]

IDNow has proven to be very efficient at spotting fakes.

I doubt anyone can get past a KYC like what IDNow has through a photoshop id  

[TastyChillySauce00]

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.

I find many ICO projects seem to use KYC as a not so important step and they mostly don't care about it and I also wonder what they use our documents for? it is not like google and facebook

I submit fake documents for bounty reward which projects are looking fishy. Because i don't agree to submit real documents in random projects. Thing is funny they can't detect fake documents.

For some obvious financial reason fishy project will accept any kind of document even if the document were made from another planet because their braincells are just very few left otherwise they wont trying to scam people like that.

[lutcor]

Sending documents that are not really real, in any case, now many people are trying to do this way. Therefore, I see that KYC is actually very, very hard on security. I think that now it definitely hurts you and the whole situation with fake documents does not add reputation.

[Catmurs]

Sending documents that are not really real, in any case, now many people are trying to do this way. Therefore, I see that KYC is actually very, very hard on security. I think that now it definitely hurts you and the whole situation with fake documents does not add reputation.

Well, I know a lot of people who bought the documents and used them , I think this will not change anything in the cryptocurrency, especially if it goes bounty hunters

[attech21]

It's a way on how some bounty hunters works for because some of us don't have passports or other ID's that can pass tru so we receive a rewards or tokens. by the way it is not good to because its consider ad cheating but meanwhile they have to do it to earn money.

[ckorbba]

It's a way on how some bounty hunters works for because some of us don't have passports or other ID's that can pass tru so we receive a rewards or tokens. by the way it is not good to because its consider ad cheating but meanwhile they have to do it to earn money.

in any case, so that the Bounty Hunters do not provide when making a form for cooks, their activities and company advertising still benefits the project. And no one disputes and does not cancel this benefit, even if a user uses several accounts. Anyway, the benefit for the project is very big. To date, it’s very funny to talk about providing KYC, because compared to previous years, Bounty Hunters on average get from 20 to 100 dollars for one bounty company. And you think that this is earnings? And do you think that for $ 50 someone should provide KYC?