Important Warning: Protect Your Personal KYC Documents

[albon]

What happened:: This user posted a KYC verification service, requesting members’ KYC documents to get verified on centralized exchanges, and offered $50 in exchange for these documents, while providing his Telegram username for contact.

WTB KYC verification service for bitget and u will get $50

Hello, I need to get verified on a platform similar to Binance called Bitget. Do I need any documents to verify my account?

I pay after submitting and reviewing the documents for approval, which takes about 5 to 15 minutes.

Telegram %$%^$%

In the following quote, one person indicated that the service provider is a scammer and did not pay him.

Scammer!

He didn't pay me!

Regardless of whether this person actually pays or not, this type of service is illegal and unauthorized, violating CEX policies and Bitcointalk forum rules. The scammer could use these documents for illegal activities such as money laundering, fraud, or other crimes, which could expose the document owners to legal liability.

Scammers Profile Link: https://bitcointalk.org/index.php?action=profile;u=3738557

Reference Link: https://bitcointalk.org/index.php?topic=5569178.0


Additional Notes: I advise any member to avoid these KYC-related services. Do not sell your personal documents to anyone, no matter how tempting the financial offers they promise to pay you for them. You must be vigilant, as these documents are extremely important and could expose you to serious legal consequences.

[Hatchy]

It's scam and I wonder why someone would be dump to take such offer. I've seen this before on telegram and such users uses the kyc information of others to carry out fraudulent acts. Anyone who associate themselves with such offer should prepare for something bigger than the money he's being offered..

[Wiwo]

Flag supported, such scammers need to be kept far away from this forum as we are everything he offers as service,  buying and selling verified accounts or paying certain amount to get others verify accounts with they own documents is a bridge of exchange terms.

Nice job to bring this to community attention.

This service is similar to that of accounts sales which is a red tag offense here so his tag is appropriate and deserving.

[albon]

It's scam and I wonder why someone would be dump to take such offer. I've seen this before on telegram and such users uses the kyc information of others to carry out fraudulent acts. Anyone who associate themselves with such offer should prepare for something bigger than the money he's being offered..

Lack of experience and awareness, coupled with a desire for quick gains leads many to sacrifice their personal documents for small amounts of money and many beginners are unaware of the true value of their personal documents or the consequences of placing them in the hands of scammers who might even sell them on the dark web... Therefore, they naively accept the risk.

If they were to ask themselves why someone would want to use someone else's documents instead of their own?! they would realize that the scammers' goal is to evade their illegal actions and the legal responsibility without anyone knowing their true identity by using the names of innocent people.

Nice job to bring this to community attention.

This service is similar to that of accounts sales which is a red tag offense here so his tag is appropriate and deserving.

Thank you also for your input. I have already tagged his account and reported his topics, and they have been deleted because they violate the forum rules that prohibit illegal activities and fraud.

[Hatchy]

Lack of experience and awareness, coupled with a desire for quick gains leads many to sacrifice their personal documents for small amounts of money and many beginners are unaware of the true value of their personal documents or the consequences of placing them in the hands of scammers who might even sell them on the dark web... Therefore, they naively accept the risk.

I guess we have many of such dump user on the forum. Just read what this user said about selling his kyc

So if your government will have such proposal, be sure that bitcoineers will humbly embrace it as empowerments to acquire bitcoin. Behold I will be number one of accept the offer.

[r_victory]

What's worse is that there are people who refuse to go through verification, even when the platform itself requests it, complain when KYC is required, but are still capable of falling into a trap like this. When money is involved, greedy or desperate people often become blind, or stupid, or both.

I have as an example what Worldcoin did here in my country, offering payment in WLD for "collecting" the iris scans of those who agreed. Imagine selling such unique and sensitive data. Unfortunately, many accepted.

[acroman08]

It's scam and I wonder why someone would be dump to take such offer. I've seen this before on telegram and such users uses the kyc information of others to carry out fraudulent acts. Anyone who associate themselves with such offer should prepare for something bigger than the money he's being offered..

You'd be surprised by the number of people who'd take that offer, even if it is an obvious scam(at least it's obvious for us), some might even take it even if the offer is lower. A lot of people do not care about selling their private information because a lot of them are desperate for money, especially from poorer countries (including mine).

[hugeblack]

scam is not the only problem, such accounts are usually abused as part of a wider network. As a result, your name may be added to the blacklist and you may not be able to use these services again (or, in the worst case, the police may come knocking on your door).
$50 isn't worth all this headache.

[bitbollo]

Unfortunately 50$ in some places could be a decent amount of money, I am not surprised to see scammers stealing funds in this way... and people fall for it.

Be aware that legit website would always make many checks before confirming an online document. But this is not enough.
Due to AI and other tools its really easy to create "proofs" that can used by shady operators.
Always add a "watermark" on the document / date /extra sign...

[rat03gopoh]

Unfortunately 50$ in some places could be a decent amount of money, I am not surprised to see scammers stealing funds in this way... and people fall for it.

It was even recently shared on my local board that a group dedicated to KYC sales, the average rate offered by KYC buyers is around $6 for 1 platform (including life verification). How worthless identity is nowadays, I think this is the era where even novice scammers can get rich in 1 day.