ClipX steals KYC data and shuts down

[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.

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[Blackrain13]

I'm concerned about bounty projects that require KYC provision. It is worth mentioning that the value of the bonus, as well as the potential of that project, is worthy of sacrificing our KYC work.
Clipx is backed by  Bounty Detective, he's a reputable bounty manager. The mistake of stealing KYC belongs to the project.

It is not the fault of BM. He doesn't know the ulterior motives of those project owners. If they were asking for passport only, then something was really wrong. A legit project asking for KYC can accept even the Driver's License. Seems that they will sell those docs to the highest bidder. To the bounty hunters, please make sure that your sending your vital docs to legit companies. But sometimes, it is really hard to determine the status of the project at the start. Because even if they have licenses, they can still disappear, especially substandard licenses.

Yes this is not fault of BM but one of their admin also emphasize that hunters need to take KYC as per the project team required so I think there is also a liability in the part of bounty detective because you know hunters work hard to earn and if a project required KYC then they have no choice either to take it or leave their rewards. It's really so sad that there are projects that does't care about the hunter. Hoping that those documents will not be use in a dark web and the people behind it will have fear and conscience.

[Mpamaegbu]

I received a message from ClipX to my email address, stating that my documents that I provided to KYC were removed and, in addition, they accordingly wrote thanks for participating in their company. I understand that this message is not trusted, as there is no guarantee that they deleted my personal information.

Don't take their word for it. I guess the scumbag ClipX guys sent that out because someone from the Bounty Detective team wrote them with a threat of a lawsuit for their misdemeanor. A lot of people got that same message as reported on the telegram group but I am cocksure the submitted KYC documents are still in the scammer's database. It's a common practice with fraudulent projects. They steal KYC documents and then sell them to the darknet for money. If until September 15th the ClipX gang still asked hunters for KYC, knowing well that they weren't going on with the project, what then makes you still think they've wiped off your data from their database?

[TopTort777]

Did ClipX raised something? Just curious what was their plan on the first place. Grab some ethereum from silly investors or to get user personal data.

This is like third or fourth scam campaign under Bounty Detective management? Guess there will be more. That is why BD do not run new campaign, because they wait what will be the result of their past campaigns and how it will reflect on reputation.

[matchi2011]

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.

[GWS My Boy]

I am personally sad to read this news Again, the bounty handled by the bounty detective ended in disappointment maybe a lot of people are attracted to ClipX bounties because of the large allocation and short bounty duration fortunately for me not interested in ClipX and spared this danger

[bonyaserg]

Many bounty hunters have put their trust in the Clipx project. And now the project team can use the data of the bounty hunters. It is very difficult to immediately define a project, and you need to trust all projects. Bounty hunters can always fall into the hands of scammers and must be very careful with their passport details.

[maruf01788]

This is bad news for bounty hunters. We worked four weeks but results zero. Personally i research many times before joing any bounty campaign. I did many project of Bounty Detective group. I think they have no fault. it's not easy to say a project  will scam or successful.  Example many people said Hex project is scam. But at the end Hex was a successful projects.

[@baoli]

This is really not good to crypto at this point. They came up as a very good platform and even involved Bounty Detective to handle the marketing aspect. They also didn't even explain what exactly happened.

[Mahanton]

~snip~

Isnt this one a new thing as of today? This isnt something new and we had been telling this thing over and over again that KYC shouldnt really be asked in bounty hunters yet
these arent investors but only promoters or advertisers on such project and with that alone then you can say that its irrelevant to ask out such very important document.
This is why doing your own research is always suggested.Follow good and known Bounty managers rather than considering on joining into a bounty which only handled by
the project team itself.You can somewhat tell the difference when it comes to terms and its handling throughout the campaign. Bounty hunting turns out to be shit
wayback in couple of years but im surprised that there are who still get victimized even up to these days.

[DarkDays]

Well, if you handed over your KYC information willingly, I'm not quite sure how it's considered stealing?

For the most part, simply completing KYC doesn't mean you're going to get your tokens or be able to participate in the token sale—so how exactly were the bounty hunters robbed?

That said, the project should destroy their records, and provide evidence of this if not moving forward with their token sale. Otherwise I'm sure it will violate GDPR and the Data Privacy Act.

[SquallLeonhart]

People are forgetting that data worths soooo much money that it is by itself a huge sector and you are the thing thats being sold. Look at facebook, twitter, instagram and all other places like that, they do not sell anything to you, you do not spend money using those platforms at all, but what do they do? They take all your information and sell it to marketing people so that you could see ads that are related to you. Google was the godfather of this, but facebook perfected it.

Basically all your info worths a lot of money to the right people who could utilize it to make more money from using that data. So, this company, stealing KYC data worths a ton of money, if they can find the right buyer for it they could sell it for countless amount of money and get super rich.

[tyoA7X]

I am very surprised that bounty scams still exist today and what's worse, they had time to take data from the bounty hunter what a cruel ClipX project
they don't realize what the fate of bounty hunters will be if the data is misused of course it will harm them

[nicecrypto]

Very sad to hear this happen to hunters, imagine wasting your time and money and still end up losing your personal data in the process, this method is similar to digitalbits, jinbi tokens,  this project also demand for hunters kyc even though they knew they won't pay hunters,  very bad behaviour from the team of this project.

[BitcoinPanther]

If a bounty asks for a KYC, bounty hunters don't have a choice but to follow it or leave their rewards. They are in the midst of it having no other choice but to be forced to pursue the KYC just for the sake of the rewards. Well, if this has happened already not just this time and probably from some other projects in the past. For the bounty hunters, be always careful when choosing a bounty and the bounty manager. You can be on the same situation if you will not apply DYOR.

I always skip any bounty that requires kyc for their hunters.  Since bounty hunters are not investors, authority does not ask about its KYC, only investors.  There are several legit and successful bounty campaign that does not require their bounty hunter to submit KYC because it is actually not needed unless this project is collecting people's identity and aim to sell them on the black market.

[iamaruf]

I heard that news today morning. few days ago saw that they are asking for KYC and I didn't submit the KYC. Because I don't want to share my personal identity. So my advice will be before submitting KYC try to think again. But bounty managers should take steps because he ran the campaign.

[Danslip]

The exit scam is obviously the main case among the new altcoin projects, bounty hunters are the second group of people who deceived by the team after investors. Thinking twice before entering any projects as a participant no matter you are a bounty hunter or real investor can save the time&money in the long run.  Saving time and having a emotional stability will let the bounty hunter make a correct decision with a clean mind, otherwise jumping from X bounty to Y bounty will ruin his day.

[South Park]

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?

Very solid advice but you probably left out the most important taking into account the topic at hand, do not give out your personal information to anyone over the Internet, and if they ask for it vehemently like this project then just forget about them and try to look for another bounty, and if you find out that now all bounties are asking for this kind of information then you need to stop bounty hunting and do something else because the risk your information is sold in the black markets is incredibly high if you keep doing this.

[poodle63]

this is why sometimes kyc is so bad. it's our most important data that is handed over to these stranger and once they turn they could sell our data.
people should not hand over their important data if they don't trust or don't know about the project that demand KYC because big chance they gonna sell our kyc later on and we couldn't redo that once our data being sold at deepweb which is a very very bad news.

[studio1one]

Bounty detectives were one of the most liked campaign managers in the BCT forum. It's really sad to see that they got scammed but, again that's the game in crypto because in every 10 projects 8 are turned out to be scams or dead projects.