KYC Data leak

[maereglapo]

Those people who participated these KYC ICOs surely know the risk of sending your personal information and IDs to these unknown people,and if there is someone to blame it is themselves,not anyone because they dont know how much risk they are taking with participating these ICOs,which i believe is not necessary when an ICO isnt residing to the U.S premises.

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[setifien19]

I think before filling any form of KYC ( which seems a mandatory operation since the scam projects are inflating the community ) projects  we need to get a guarantee that our data are safely & securely entered , we need also to get a certificate that these data won't be shared with any other third party

[cryptobobo]

Smart people will know the risk of sending these informations and IDs to uknown people,most of the people knew it but they choosed to ignore that is why this is one of the consequences that they will faced when their IDs are sold into wrong hands.A lot of people are using the darkweb to do something illegal and you shouldnt be suprised when your name was used to one of these frauds.

[mariangpalad]

These people are not kids,they know what are the risk of sending your IDs and personal informations to these ICOs,legit or not legit you shouldnt be requiring these if you really want o participate get a fake ID then send it as many ICO as you can but if you dont want that,you could wait until these projects get listed into some exchanges.

[GrannyC]

And this is how your passports get on the dark web.

https://thenextweb.com/hardfork/2018/02/07/sentinel-chain-ico-leak-passport/

I am tired of the KYC non-sense. It is just a silly way of avoiding fake accounts but it imposes a burden on your legitima users and a risk that I am no longer going to take. I will just buy after the ICO on decentralised markets.

[Bokugo]

These people are not kids,they know what are the risk of sending your IDs and personal informations to these ICOs,legit or not legit you shouldnt be requiring these if you really want o participate get a fake ID then send it as many ICO as you can but if you dont want that,you could wait until these projects get listed into some exchanges.

Here is the identity of the smart smart at stake in choosing which ones are qualified so that our ID will also be stored well without raising many negative things, if seen many people who are interested to join this ICO KYC because they can easily access your contact during this project registered,

[Flamebellow]

KYC in crypto nowadays is similar with sending your ID's to criminals . No one can guarantee safety of your personal data and no one will be responsible for their loss . KYC is a worst thing that happens with crypto over a last years .

[neverloggedin]

Peer Mountain asked for KYC for bounties...first time Ive heard of kyc for bounties. And peer mountain focuses on data protection so not sure whether to give my kyc info or not after these data leaks.

Seems a risky business

[andreijoaquin]

And this is how your passports get on the dark web.

https://thenextweb.com/hardfork/2018/02/07/sentinel-chain-ico-leak-passport/

Anything can happen since the process we are heading is digital, so there's really no assurance that those who imposed KYC will really secure our information. We have to be very careful and we should only disclose important information to those that we are sure to be legit and trusted.

[crenfrosck]

Here we go. KYC is a just wrong implementation of "regulations" in crypto space. Sadly, it is picked up by more and more ICOs over time. After this experience, I doubt that people will use their legit identity during registrations (not just people whose identity is in unknown hands due to this unfortunate event). You know, what has been put on the internet, that will stay there somewhere. I hope that projects afraid of dumb laws will find another way of obtaining information about their customers without keeping them in danger zone. And that is in combination with internet a million (if not a billion) dollar question.

[Afiqa03]

With KYC, I think there are positive and negative sides.
negative if in wrong use
positively reduces the duplicity of self-data.

[FiiNALiZE]

I am against KYC since there is no guarantee of the safety of my data,I do not invest in such projects.

I don't invest in coins that have an ICO/ There is no point for a coin to have an ICO, people should remain anonymous all the time.

[Dondont]

And this is how your passports get on the dark web.

https://thenextweb.com/hardfork/2018/02/07/sentinel-chain-ico-leak-passport/

KYC has too many negative effects and this is the one that im afraid of. we just cant trust a project even if it was a big  project and reveal our identity to them. its too dangerous for next time. except if we are died. those are useless

[onnz423]

The ICO should be held accountable for their error. Forcing ICOs to perform KYC without having adequate security protocols or guidelines in place means that leaks like this are likely to continue until someone takes a hammer for it. Stay away from ICOs that mishandle your data.

[justine11]

That is the problem in ICOs that requires you to send your documents to verify your identity when their website get hacked all of our infos, documents including our IDs and passport will be comprimised and will be used on identity fraud schemes that's i never join in ICOs that require verification anyways it's ICO's fault if their investors documents went comprimised and should be compensated or be sued if that happens.

[dimastegar]

This is our risk. Because many people are not responsible in using the data of others. Therefore we need to be careful and wiser in choosing an ICO Project. Because many hackers look for profits in narrow. And I'm the kind of person who does not like KYC.

[tk808]

And this is how your passports get on the dark web.

https://thenextweb.com/hardfork/2018/02/07/sentinel-chain-ico-leak-passport/

There's nothing more gratifying in life than saying something that comes to light. I only wish more heeded the warnings, or actually read this thread to understand that KYC is the most dangerous idea to come to cryptocurrency, at least, in this current environment.

[bastian466]

What kind of steps will we take from the theft of our identity against people who have evil intentions? whether we should move away from the project asking to fill the KYC

[allcryptominer]

Nothing that surprises me. I've seen some ICO's now only request KYC over a certain amount. But I advise to never give your scanned passport to anyone online, especially shady ICO projects. If you must do it make sure to blur some sensitive info out and watermark it.

[beigai]

And this is how your passports get on the dark web.

https://thenextweb.com/hardfork/2018/02/07/sentinel-chain-ico-leak-passport/

Oh, no, I have been involved in several ico projects and uploaded my passport. Did my private information leak?
I think if this is the case, then the company that specializes in kyc will become a mainstream in the future.