KYC Data leak

[danilogmachado]

The SelfKey project seems to address this issue, but has given a violent drop in the market price

[irfanrete]

KYK data leak? is only intersted in earn money but investments into security and better websites doesn't exist..
Unless an ICO really cares about their customers things like this will keep on happening,
I don't think all ICO's are in the position of running KYC's and their customers judgement is crucial for this, although not everyone understands the risks posting their personal information..

[Miz]

Hacking private data is not an isolated case for a long time. I really don't understand why they required scans at the ICO stage. What's the point of that?

[bituperio]

Yes I know, there are a few ICOs in which I did not invest just because they looked to risky in terms of the KYC management, not simply for the project or anything.

[yslyv]

i also registered to this ico with my own passport. this was last time. i will not send any of my documents to anywhere anymore. anyway it is better to buy from exchanges nowadays. And i dunno why do we need to send our passport to them. crypto market trades are anonymous..

[webmone]

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

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

I can not be sure of the integrity of the organizers of the verification of the KYC and for security reasons I refuse to participate in projects requiring verification.

[cardoyasilad]

This is one of the reason why i'm not joining ico requires kyc because there are chances that your data will be leaked we should go for civic and velix.id

[Palider]

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

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

Omg, this is one of my reason why im not joining some ico though its hard to put a trust as of now. Kyc procedure is a must right mostly on the icos?, but i think kyc procedure should be erase though lot of users being fooled by someone , so i suggest that be more aware thats all.

[ilnick]

Since most tokens become cheaper after listing on the exchange, it makes no sense to buy them even with a bonus on ICO. If you take into account the fact that often ask for a KYC, then the purchase on the stock exchange looks most reasonable.

[RDNX]

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

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

This is what I fear from KYC. Personally, I don't trust a stranger to get my detail personal information.
Crypto world should be anonym. But sometimes ICO destroy it with KYC thing.

[bellanas]

Therefore, I do not participate in such projects where you need to send documents or bypass them. I'm afraid for the leak.

[chocolaty]

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

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

That is very clumsy. I do hope that there will be no more cases of KYC data leaks. People trusted that this people will handle their private information carefully but look what happened, it's a mess. I recently signed up for KYC and I am hoping that my info is being handled well and will be secured.

[deevan]

That is why never to send your personal documents for KYC verification, I don't like this stuff because I am not sure to whom I am sending and it will be safe or not. As with these documents, anyone can impersonate your identity or it can be sold to in bad hands, and with that, they may use your identity to participate in other ICOs or using your identity for account verification on crypto exchanges or for other illegal stuff. Better to buy it from decentralized exchanges like forkdelta or IdeX.

[DeepChipolino]

As much as we do not want it, but the trend is that the KYC will ask more and more. To reduce the chance of using our data, we can send such documents as a driver's license. Also, on the photo of the document, you can write something like "for KYC only".

[cool kong]

These are all bad ico teams who leaked our kyc data. I really hate this kind of thing. They are really irresponsible.

[Rotsor]

I cant understand how people invest in these ICOs leave alone giving their personal documents like passport to them. You have to be pretty crazy to trust these ICOs with no regulatory over watching them. Most of the ICOs currently are nothing but smoke.

[Boristhecat]

Judging by the comments, those projects that introduce KYC seriously reduce the number of their potential participants.

[madushanperis11]

Now things are getting out of order and control due to huge number low quality projects and ICOs. I have seen some websites asking KYC for bounty and airdrops and their intention it not KYC but to delay token distribution. They do not give any importance to people's privacy 

[Lyne01]

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

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

This is why we cannot blame those companies or countries banning cryptocurrencies and ICOs because of this act. This is now the effect of KYC of those scams ICOs. If this continues, then everything will have a negative impact to the price and the whole crypto world.

[shazib083]

This is the main reason i dont usually participate in the ICOs. If anyone's data is so insecure in such space/company how can one be so satisfied with the tokens of the company. The Bitcoin was intended to be anonymous as well as its holders. However, this kind of new system of keeping KYC of the customers is out of the blockchain technology's primary motive. I scare some day some person will be affected for this so called KYC of cryptospace as there always some wrong hand behind the scenario.