Sending in fake ID for KYC

[qomariah95]

It depends on the platform in question. whether to actually check the ID sent or just datal. Many people (my Facebook friends) do KYC with the data they get on google. And they passed the KYC stage, I'm just wondering. That means the platform is not serious about KYC.

[Denongels]

offcourse it's not fair and sometimes kyc is a little silly because with fake data some platform can still be penetrated, but what's difficult is when kyc has to use live video in my opinion it's very difficult to manipulate and one way maybe is to hire the services of people because it's currently a trend, and yesterday I also for the first time tried to use a service because Kyc conditions were quite difficult, i should have a passport and because I never made it at all so it was difficult to make it, better for me to use a services.

[jentak]

I support KYC for legitimacy check especially to claim bounty rewards or required by such exchanges but it's also bit a risky hence that's your identity that could also can be used by other people online if they have access to your submitted documents just like what happened to Binance kyc leaks incident. In order not to fall from this KYC process, it is best to filter airdrop and bounty campaigns that doesn't requires identity checks.

I do not support KYC, but its a thing that has its purpose and has a chance to live in the crypto market and crypto industry.
I wouldn't ever send fake ID because its a) illegal b) breaks the point of using the service and crypto in the first place.
We are not community of frauds/scammers/people striving to break the law, we want to use new technologies and we need the game to have adequate rules.

[GWS My Boy]

many people do this kind of thing because now you can see the KYC season, KYC not just to buy coins at ICO but now everything needs KYC, such as airdrop, bounties and exchangers

[jdnthny]

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 very alarming especially to those projects that requires KYC process but because you brought out this matter, many project which required KYC will be more vigilant and will have a stricter way of having a KYC process I think that it is really possible.

[amonymous]

This should be avoided because presenting your document to another person means it can be misused if it wants to. I have seen some airdrops that have forced kyc and also many are presenting their confidential information to others for get $5-10. In my opinion it is really unnecessary and some bounties are also collecting kyc in an unnecessary way.

[BeginToMine]

And issue is, detecting this may be very difficult. Many scammers in crypto this period. I will suggest we always check thoroughly or deviate a way of getting fake IDs please. Some exchanges withdrawal limit without kyc is good enough and even if one decides not to do kyc for some reasons you can withdraw for day. Please let's look for ways of stopping scammers from using fake ID for KYC. I do kyc but not all exchanges. I select before I involve myself.

[Indymoney]

many people do this kind of thing because now you can see the KYC season, KYC not just to buy coins at ICO but now everything needs KYC, such as airdrop, bounties and exchangers

Yes, and when giving KYC we have to be more careful and consider it well, if Airdrops, Bounties and exchanges have proven to be bad, then it's better not to give KYC because it will also harm us later, because KYC matters. which is personal and sacred.

But right now we have very few options without this KYC many exchanges and sites giving nothing without this KYC as we have localbitcoins.com is also closing accounts and many peoples already losing accounts and works just because of this now its going to be very serious trouble for peoples those don't like this KYC as they have nothing without this and most feeling its not good idea to go with this hopefully in near future we will have some better solution for this.

[Wingo]

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.

I mean, I don't really know the point of KYC unless we are talking about a local company who can really verify if the ID is legitimate.
It's cool that fake ID's work in some KYCs. It is still sensitive information. Scammers can use your valid IDs for hacking, social engineering, etc. It is not really safe to give them personal information.

[Andrews193]

This should be avoided because presenting your document to another person means it can be misused if it wants to. I have seen some airdrops that have forced kyc and also many are presenting their confidential information to others for get $5-10. In my opinion it is really unnecessary and some bounties are also collecting kyc in an unnecessary way.

Agree, KYC is not a necessity, even for reputable exchanges, they only require KYC when we want to break a limit, for cases where fake KYC is submitted, the responsibility is also on both sides because bounty and airdrops always ask for such unreasonable issues, that forces the participants to take special measures. Speaking of participants, a bad part always wants to cheat to make money, if they are more conscious in this matter, KYC will not appear and there will be no fake KYCs.

[caeles]

I think sending fake IDs is the same as not trusting the project you are entering. If you really trust those projects you have joined, you should be real or trusted. If you do those kinds of cheating, you're not only cheating on the company you have joined but also, you cheated on yourself as you became as one of the scammers. You will be punished as time goes by.

[iTradeChips]

Some of the legitimate cryptocurrency based payment systems here in our country, Coins.ph and Abra, uses the KYC and I am not really against that. These websites are approved by the Central Bank here so they are a bit regulated and somehow needs to follow existing rules and regulations set for payment systems, similar to Paymaya and G-cash. There is really nothing wrong for KYC if the company is very legit and is well known. However, if the project is dubious and you really don't know the system then of course you need to be very careful. You never know what will they do with your information.

[Estehmanis]

Made me think , may have been what you said right , almost all kyc i do with honest details , i do not know much a person who uses fake data , but is it true smoothly safely ?

[Convery]

There are two reasons why people trying to cheat the KYC process. Firstly, they are afraid that their identity will be compromised, but they do not want to lose their rewards. The second case is that they abuse bounty campaigns with multiple registrations with different accounts to maximize the profit.

[qomariah95]

Made me think , may have been what you said right , almost all kyc i do with honest details , i do not know much a person who uses fake data , but is it true smoothly safely ?

On several occasions this has actually happened. Many people have done it, but not every time it works. sometimes if the platform is indeed difficult to penetrate. then the KYC will be rejected, unless the platform only requires data. The possibility of fake data from google can be accepted. For me personally, I've never done that.

[akwfleaspirit]

Any project  requesting for kyc, I back off it. Since I don't have ways of giving a fake details, am straight in everywau, so instead of dropping fakes, I just stay off. Most team sell off details as I learnt, and also a time, binance kyc got leaked, I got scared to death. But anyways, if you are giving out your real ID, then you have to be very careful doing so.

[travwill]

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.

Not sure if this is a good tone. There are two options, either you use other people's data or change your data so that it does not correspond to reality.
The second option is preferable, because you do not substitute another innocent person.
But this does not apply to exchanges, because if the account is blocked and it is not possible to provide the correct data, you can lose your savings.

[24Kt]

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.

Not sure if this is a good tone. There are two options, either you use other people's data or change your data so that it does not correspond to reality.
The second option is preferable, because you do not substitute another innocent person.
But this does not apply to exchanges, because if the account is blocked and it is not possible to provide the correct data, you can lose your savings.

That is the repercussion here. If you will use fake IDs in exchanges and if something goes wrong, you need to prove that you are that person. Better use your own if you trust the platform. At least you have other IDs, if in case they ask you in the future. Your funds will not be recoverable if in case your account will be blocked and you have nothing to do to rectify it.

[UniversityCoin]

Any project  requesting for kyc, I back off it. Since I don't have ways of giving a fake details, am straight in everywau, so instead of dropping fakes, I just stay off. Most team sell off details as I learnt, and also a time, binance kyc got leaked, I got scared to death. But anyways, if you are giving out your real ID, then you have to be very careful doing so.

You're doing the right thing. I only provided my KYC data once. And what do you think happened? The project turned out to be fraudulent and deceived all participants. Now I'm worried about where my data might be used.

[Ozero]

Any project  requesting for kyc, I back off it. Since I don't have ways of giving a fake details, am straight in everywau, so instead of dropping fakes, I just stay off. Most team sell off details as I learnt, and also a time, binance kyc got leaked, I got scared to death. But anyways, if you are giving out your real ID, then you have to be very careful doing so.

You're doing the right thing. I only provided my KYC data once. And what do you think happened? The project turned out to be fraudulent and deceived all participants. Now I'm worried about where my data might be used.

Therefore, if the ICO team announces KYC without warning after completing the signature campaign, I fully admit the possibility of providing them with fake KYC. ICO teams are not designed to collect and store our confidential information and often misuse the information they receive without bearing any responsibility for its misuse. In addition, I believe that they no longer have the right to demand signatures from campaign participants to provide them with KYC.
The provision of KYC to exchanges should be treated more carefully and responsibly. Here it is better to comply with all the KYC requirements, since various problems may arise where confirmation of the information provided will be required so that we can successfully complete our financial transactions.