ClipX steals KYC data and shuts down

[Hypnosis00]

I'm still waiting to get concrete information on them, I don't think that project has an iota of truth. I was participating on there Bounty campaign, I noticed some things on their social channels.

• The Admin don't respond on the Telegram group.
• Refused to update their Facebook, Twitter and LinkedIn for months and wanted Bounty/marketing to be effective
• ICO without update
• They decided to launch KYC at the end of Bounty

They are somewhat making a way that every bounty participant will hate him. The bounty manager can't be solely to blame because he/they are just the manager but they should also have to take care of their participants. Though things like this aren't new to us but it was of desperation to see that many we've still become a victim to this kind scheme. What they are doing now, is literally showing that they can't be trusted..

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[SiNeReiNZzz]

The ClipX project, another bounty, managed by the Bounty Detectives' team early today let down bounty hunters gently in what seems a soft exit by announcing that it would no longer continue with the project. The announcement was made here: https://t.me/clipXchannel/13

That was after it had cunningly collected KYC documents from hunters (even though that wasn't explicitly on the bounty thread). ClipX insisted it was going to be a passport document for KYC or nothing. It was really a suspicious move but anxious hunters neglected it. Why ask for only a passport for KYC and not any other document.

My advise to bounty hunters:
1. Don't participate in any bounty without escrowed rewards.
2. Don't be in a rush to participate in every bounty that comes up.
3. Follow only trusted Bounty Managers.
4. DYOR on any project and don't rely on BMs. Most of them don't even research a project before going into contract with project team.

Anyone else got any advice for bounty hunters, especially the noobs among them?

Well, I have little sympathy for those who throw around their own data as if it were candy at carnival...

At best, never give your data anywhere... because that is not the aim of Bitcoin and Co.
And everybody who does it nevertheless, and completes as many bounties as possible (many of them with KYC) should not be surprised, that his sensitive data will end up in the hands of criminals...
These SCAM bounties never get less, they become more sophisticated and professional!

Watch your money and BEFORE EVERYTHING watch your data...
Best Regards

[Kunnu]

Another project exist scam this is very unfortunate for those participants who participated in this bounty and did kyc too now bounty participants will have to be more aware and they must choose those bounties very carefully in which kyc is required or it's better don't participate in this kind of bounties where kyc is required because these days it's very difficult to find out the difference between genuine and scam projects.

[tsaroz]

I knew there was something fishy going on when they came up with the KYC idea for every participants. That's why though being a good stake holder of that campaign, I didn't went through the KYC. If they were genuine, they would not have called it off a failed fundraising after gathering KYC info of users.

[Christabel247]

you know in bounty, it's optional for us to run our research about the project we are going to participate. In main time, we don't have to lay blame anyone or bounty manager as he may communicate well with them at the starting but later run the team might compromise causing the BM not trustworthy of his words concerning the project. some project may lately request for KYC after some much reasons. so if the project runaway doesn't from the bounty manager because he was given assurance based on recent communication with project team etc.

[GideonGono]

The ClipX project, another bounty, managed by the Bounty Detectives' team early today let down bounty hunters gently in what seems a soft exit by announcing that it would no longer continue with the project. The announcement was made here: https://t.me/clipXchannel/13

That was after it had cunningly collected KYC documents from hunters (even though that wasn't explicitly on the bounty thread). ClipX insisted it was going to be a passport document for KYC or nothing. It was really a suspicious move but anxious hunters neglected it. Why ask for only a passport for KYC and not any other document.

My advise to bounty hunters:
1. Don't participate in any bounty without escrowed rewards.
2. Don't be in a rush to participate in every bounty that comes up.
3. Follow only trusted Bounty Managers.
4. DYOR on any project and don't rely on BMs. Most of them don't even research a project before going into contract with project team.

Anyone else got any advice for bounty hunters, especially the noobs among them?

I really hate the bounties that require a KYC just to get the reward that hunters work for,
I know it is part of their policy and hunters could always ignore it and they are implementing it to lessen the bounty abuse but I still feel uneasy about it,\
And this is the main reason why I don't trust KYC now what would happen to those personal information that has been sent to them we don't even know where would they use it,
Maybe instead of earning in bounty we might be indebt because they would use our personal information to borrow or scam on other people.

[wildflower18]

you know in bounty, it's optional for us to run our research about the project we are going to participate. In main time, we don't have to lay blame anyone or bounty manager as he may communicate well with them at the starting but later run the team might compromise causing the BM not trustworthy of his words concerning the project. some project may lately request for KYC after some much reasons. so if the project runaway doesn't from the bounty manager because he was given assurance based on recent communication with project team etc.

This can be the problem in joining the bounty as there is no assurance that the project is legit in the end. Even the bounty manager assured by the team that’s not a hundred percent true. Also, this is why I’m not joining bounty that requires kyc.

[Radio-Active]

This is very unfortunately, why did they accept the KYC submissions in the first place if they planned to shut down the project ?
They should announce that they won't continue the project and not requiring hunters to submit KYC docs.
And now, hunters who submitted the data are afraid if the team use their data or sell it on dark web.

[TopTort777]

This is very unfortunately, why did they accept the KYC submissions in the first place if they planned to shut down the project ?
They should announce that they won't continue the project and not requiring hunters to submit KYC docs.
And now, hunters who submitted the data are afraid if the team use their data or sell it on dark web.

Maybe because they raised not much during sales and decided to obtain and sell hunters private data on black market. Generally there was nothing behind that project and the team decided to squeeze maximum from it.
They simply can use hunters data and participate in airdrops that pays around 5$ to participant. 

[Twinkledoe]

This is very unfortunately, why did they accept the KYC submissions in the first place if they planned to shut down the project ?
They should announce that they won't continue the project and not requiring hunters to submit KYC docs.
And now, hunters who submitted the data are afraid if the team use their data or sell it on dark web.

Maybe because they raised not much during sales and decided to obtain and sell hunters private data on black market. Generally there was nothing behind that project and the team decided to squeeze maximum from it.
They simply can use hunters data and participate in airdrops that pays around 5$ to participant. 

Very unfortunate for those who submitted their KYC docs. This is the problem with projects asking for KYC, we don't know what they will do with the docs, they can easily sell it to the black market or use it for other purposes where they can rake money. For users out there, don't just send your KYC to a project especially if it is only for airdrop or something.

[cheezcarls]

This is very unfortunately, why did they accept the KYC submissions in the first place if they planned to shut down the project ?
They should announce that they won't continue the project and not requiring hunters to submit KYC docs.
And now, hunters who submitted the data are afraid if the team use their data or sell it on dark web.

Maybe because they raised not much during sales and decided to obtain and sell hunters private data on black market. Generally there was nothing behind that project and the team decided to squeeze maximum from it.
They simply can use hunters data and participate in airdrops that pays around 5$ to participant.  

I've made a post about my deep check in this ClipX project.

However, it would be difficult once they participate in other project that requires KYC, they can't just simply upload the passport, but requiring them to take a selfie with or without the passport with a bond paper mentioning the company name and date.

Although they've stolen passport data, but it would be difficult for them to cloning the passport as it was equipped with RFID, etc., that would be impossible for them to replace our photo.

It's kinda worrying that they are gonna sell the stolen identities potentially to the black market. I don't know if there's an existing identity theft protection services in any country. If we are too worried about it, we could seek consultation to the Department of Foreign Affairs telling them everything that our passport details are stolen.

[TopTort777]

I’m more than sure that photoshop professionals can use any kind of passport to make them fake and use for cheating. I would suggest to add watermarks to passport scan. This wont help for 100%, but it will take editors more time to make your passport “clean” and cheaters might not even use your passport to safe time.

[fauzan123]

I was already suspicious of the high bounty allocation ClipX project and its short duration made me ask questions what's up with the ClipX project
and all have been proven the goal is only to steal the bounty hunter data and then just walk away, My advice is to be more careful before joining the bounty don't let this incident happen again

[lifeinmountain]

The ClipX project, another bounty, managed by the Bounty Detectives' team early today let down bounty hunters gently in what seems a soft exit by announcing that it would no longer continue with the project. The announcement was made here: https://t.me/clipXchannel/13

That was after it had cunningly collected KYC documents from hunters (even though that wasn't explicitly on the bounty thread). ClipX insisted it was going to be a passport document for KYC or nothing. It was really a suspicious move but anxious hunters neglected it. Why ask for only a passport for KYC and not any other document.

My advise to bounty hunters:
1. Don't participate in any bounty without escrowed rewards.
2. Don't be in a rush to participate in every bounty that comes up.
3. Follow only trusted Bounty Managers.
4. DYOR on any project and don't rely on BMs. Most of them don't even research a project before going into contract with project team.

Anyone else got any advice for bounty hunters, especially the noobs among them?

you are right these bounty management companies looting bounty hunters and sell there KYC to other companies and risk the privacy of bounty hunters. we must consider bounty which comes with escrow system.

[xZork]

The clipX bounty was run by Bounty Detective - they guarantee thedistribution of awards, there is an inscription at the beginning of each program. I wonder what kind of compromise they will find between the hunters and Bounty Detective in this case.

What is important is the credibility of the project, even if the bounty manager pays the project coins in full it will look like a landfill. No investor wants to invest in a project with a bad reputation.

Correct. Even the token rewards will be distributed there's still no
value for any project once there's no investors that will be 'willing to
support the project.

Always do your DYOR not even the project was handled by known BM the chance of not wasting your tie still possible.

Sadly for bounty hunters working on the clipX project they tried to support the project and ended up getting nothing.
Personally, I have had many of the same experiences, I worked on bounty programs for many weeks and eventually they disappeared.

[Tipstar]

It's still unfortunate that projects are asking for Passport verification from the bounty participants as there are many more ways to verify the their identity. And in the case of Clipx, the already knew they were below the cap and yet they went through collecting data from users. It would be no wonder if there's a news that they didn't returned any money to the investors. Users ans investors themselves needs to be aware to protect themselves from such scam attempts.

[Banulit]

The ClipX project, another bounty, managed by the Bounty Detectives' team early today let down bounty hunters gently in what seems a soft exit by announcing that it would no longer continue with the project. The announcement was made here: https://t.me/clipXchannel/13

That was after it had cunningly collected KYC documents from hunters (even though that wasn't explicitly on the bounty thread). ClipX insisted it was going to be a passport document for KYC or nothing. It was really a suspicious move but anxious hunters neglected it. Why ask for only a passport for KYC and not any other document.

My advise to bounty hunters:
1. Don't participate in any bounty without escrowed rewards.
2. Don't be in a rush to participate in every bounty that comes up.
3. Follow only trusted Bounty Managers.
4. DYOR on any project and don't rely on BMs. Most of them don't even research a project before going into contract with project team.

Anyone else got any advice for bounty hunters, especially the noobs among them?

Me, myself was part of that campaign and do that KYC and I am hoping that clipx project developer will not use the data they gathered to every bounty hunters. I strongly agreed to the following advise that you have said and I will take note of it for future references.

[Genemind]

That is why I am hesitant on joining anything or doing anything that requires KYC. Your personal information and even Identification can be used in fraud without you knowing. Better DYOR before joining any projects and make sure to read all the requirements and rules. Protect your identity as much as possible.

[Serco]

That is why I am hesitant on joining anything or doing anything that requires KYC. Your personal information and even Identification can be used in fraud without you knowing. Better DYOR before joining any projects and make sure to read all the requirements and rules. Protect your identity as much as possible.

our personal document not worth to substitute with our bounty reward, moreover at this moment bounty token reward have less value . most of them now below $100 and even some of less. personal document must kept carefully cause if this on wrong hand could sold in darkweb or abused for bad goals.

[SacriFries11]

That is why I am hesitant on joining anything or doing anything that requires KYC. Your personal information and even Identification can be used in fraud without you knowing. Better DYOR before joining any projects and make sure to read all the requirements and rules. Protect your identity as much as possible.

Yes I agree. If I have choice to ignore them even the campaign have huge amount of reward in their pocket. I will not hesitate to not to join them. I just give my personal data if I know that its already registered in our country. Its hard to trust in a project especially if their own project team are not even present in their website and whitepaper.