Topic: AI-generated fake IDs claimed to pass crypto exchange KYC are selling for $15 (Read 671 times)

Sounds kind of eerie but at the same time I wonder how many BIG Exchanges would fall for this.

As far as I remember.  Some of the big Exchanges verify the legitimacy of your provided information through Third Parties.  How do they bypass this part of the process?  Even if the ID looks convincingly well made.  The information is false, I presume, so that would be where they stop you.

Then I really wonder how such an image would look at full size.  From far away, it may seem legitimate.  But I REALLY doubt the AI could produce an image so well it looks exactly like a snapped photo.  Zoom in on any of the photos you took in bright sunlight and then zoom in on a photo generated by AI.  You could tell the difference from miles away.

Some body said Binance has a live video verification.  If you do not interact with a Binance agent who verifies you then it is not impossible to do even that.  The latest AI technology could produce a video of a portrait of some body looking around and then there is Software you can use to use a video as fake Webcam.

Things are possible.  But at what cost?  What do you gain from this.  All it takes is Binance going through the probably supposedly removed information and they realize something is sketchy about you.  They can freeze your account any time together with your Balance.  Why?  Just use Decentralized Exchanges or even Centralized Exchanges requiring no Know Your Customer.  It is much better, safer and worry free.

I have seen the recent capabilities of these AI stuffs, I saw the ID generated by AI and also a video too, so it possible to pass KYC using AI generated ID, but the fault will be on the crypto exchange, as they can't tell the difference between the AI generated ID and the original, which they should be able to.

There are ways to know that an ID is fake, especially through live Video, it will just make the process longer than before and it's better, because criminals might start using this to hurt crypto platforms in future.

An AI won't work through live video verification, even if a fake human is been generated there are things the customer care can ask them to do in the live video that's impossible for AI to do, I pity those that are buying such IDs online, you can get away with P2PB2B like exchanges but some will just end up seizing your money in the end.

However, to those who decided to use centralized exchanges and don't mind submitting their personal information for KYC, they better submit honest information. This applies especially to day traders who don't have much choice but to sign up in exchanges with high volume and many trading pairs.

It's definitely not good for privacy to share personal information, but taking or faking this step with the use of fake AI-generated documents might only jeopardize your purpose in using such platforms. Not only that, once these exchanges catch up and you're caught, your money might be seized as well.

Conspiracy theory? Global empires are a conspiracy fact! Ever heard of the British Empire?

I never claimed this tool itself creates a global identity. What I meant was that it could spur kneejerk legislative actions towards the creation of a ubiquitous digital global identity---and that if powerful entities could promote this kneejerk reaction, there are immense profits waiting if they manipulate or seize control of said system.

If it the potential exists, expect exploitation. That's human nature.

if these websites can create fake kyc easily, then the exchange together with third parties will also be able to create an algorithm which can detect whether or not the kyc provided by the user is genuine or not. because there is no more sophisticated technology, there will definitely be other technology that will be able to counter it. so no matter how users use third-party platforms to create their own fake identities, it will only be a waste of their money.

Most of the exchanges ask their user to open camera for verification purpose to make sure that it's you and not a kind of AI or a robot. When a user open the camera, they ask to blink eyes and rotate the face. I am not sure how AI could bypass these verification process. If some AI can do it, people will use it and they may scam others. They would be able to abuse some airdrops that requires KYC data to participate and cheat every platforms that requires KYC verification. It's hard to believe yet that some AI would be able to generate such IDs. Most of the image generated AI aren't clear enough when it comes to texts.

The thing is worrisome and a pointer to how vulnerable we are to keep our original documents with such sites, because if AI can bypass the Okex KYC process it shows how weak their KYC mechanism is and how open and uncontrollable there could be in handling users' KYC documents.


But also I think that we have a closer look at this exchange and how the operates aside from just trading on them, it goes beyond that, because only potential scam sites ever take care of their KYC procedures since what they will be interested in is the money they earn or exit with on the long run.

old technology, it's not that surprising, if in hackers' scope this is a general method that is very easy to make, maybe now it's quite easy to make it using AI, but in Photoshop it's no less easy, there's already a template, just copy paste the data and insert the photo and it's all done. Maybe this has recently been implemented in crypto so it's causing a stir. Besides, security is very tight now, apart from ID, face, there is facial verification, looking left and right, opening your mouth, blinking, I think AI has limitations in that regard. there is only one question, why do people use a $15 ID for very little or no use at all?

This is very concerning, not just for the exchanges, but then how those exchanges will react to this issue. They will definitely make it harder, or even asking for more personal document. The worst case scenario is those exchanges could have a join operation with the government so that they can cross-check government database for a fake AI-Generated ID, in the exchange for people's crypto transaction.

I think the cex are part of the reasons why these individuals are going through the backdoors to get themselves verified. I have personally tried to verify myself on some cex with my genuine credentials and yet these exchanges reject my application for verification. Now, do you think I won't pay $15 to get a fake id just to verify if that will solve my problem?
Not everyone doing this have evil intentions.

The first time I saw the implications of using AI software was on Tiktok. I discussed that earlier on one of the thread about the dangers of using centralized exchanges and it seems even the centralized exchanges aren't aware of this yet and since some of them use a third party service to help them verify customers with their software, the new developed AI are penetrating them without boundaries, even scammers are using the Apps to scam victims from dating scams and other fraud to get money from people.

If care is not taken, most of this exchanges might even as people to redo the KYC that has been passed before and it might even be worse the second attempt because they will only create a room for more AI generated videos and pictures. They need to know that the world is developing, they need to find a way to curb fraud as the government instruct them, they should fold because they are government tools and must be ready to comply everytime.

No exchange is using a cross-over examinations with a government database for foreigners.
The only ones that do so are one licensed in a few western countries that do this only for their citizens, like in the US and UK, and you can count on the finger the ones in question. Binance is using scrive, only the naive would think a EU based company would have a protocol with the Venezuelan or Congolese govemermnt and they would check every serial and number for the ID they receives.

No doubts, With the advancement in technology and especially with the recent AI take over that has gone way far in mimicking someone's voice, face and lot of all that, it is still very possible that AI can generate fake ID cards that could pass an exchange KYC verification process, but will be possible only with exchanges with unsophisticated KYC authentication process, but to pass KYC process on exchanges like Binance, I kind of wonder if that would even be possible with their rigorous KYC verification process.

Now i wonder whether people who use this AI will also sell AI-gGenerated IDs on darknet to earn more money.


Even government would use it as excuse, where all business forced to comply. And i don't expect it'll be followed with more strict data protection law.

Let me ignore the conspiracy theory, but how is this tool creating a global secure digital identity when it is generating fake identities in order for people to bypass KYC requirements anywhere it is required. I know that if you use this fake identities, you get to keep your own real identity, but it is fraudulent and favors scammers and criminals, rather than committing this fraud because you think you want to protect your privacy, just use decentralized exchanges.

What are the chances that this AI tool has been created or sponsored by powerful entities to further their ambitions in creating a global secure digital identity?

It's a matter of concern now how accurate the verification process is. How is the provider verifying identification without proper investigation? Fake means their data isn't stored with official authorities. When it is submitted for verification, it should be detected by KYC verification providers. Usually, exchanges use a third-party KYC verification system. If the KYC verification system becomes broken, then scams will rise again. Most scammers will use it and find smart ways to scam. So exchange should enhance the verification system.

What is old and what is new in this KYC verification?
You're putting too much faith in the verifications done by those companies, they sometimes don't even have the basic understanding of local government ids.
This $15 picture is pushing the limits of laziness but no exchange would be able to tell if your ID is actually valid or not or if its' real.

One of my former gaming friends had an old ID he uses for KYC , that document is not valid anymore as he has a new address new number but the girl at the center instead of shredding it just cut a tiny corner of the id which the guy glued together and laminated once more over it. He has passed Binance and Coinbase verification with it as it's as real as one can get but the damn thing hasn't been valid for years although the date will still allow him to use it for a few more years.



And those are just pieces of paper, what stops you printing your own?
My bank send me monthly statements password protected in a zip in email, but the PDL isn't even locked I would simply edit my name and write Stompix the Great and print it, no exchange would be able to say it's fake!


Exactly!
No current exchange actually check if the IDs are valid, they only check if it's not grossly forged but no exchange is in a relation with a government agency to check if that guys actually exist or its a real person! There is no such cross check, as long as that ID is valid and you resemble that guy you can pose with a dead man ID and they would have no way of knowing.

It makes P2p no longer safe, because of the doubt of the actual identity of the other person that has been verified by the exchange. What if the person fooled the exchange by using one of this fake AI generated ID cards. Another bad use of a technology that should be of benefit.
Say it is not a dishonest casino or exchange, Can we suggest solutions for them because asking for other more personal documents is not a solution. If AI can do this already, creating a fake Identity card, then it will also be able to create a fake of any other personal documents that casinos and exchanges may decide to start asking users for. Since there is news of this happening already exchanges and casinos should become aware and maybe try to implement a technology that is able to detect the difference between a real identity card and a fake one generated using artificial intelligence. If this technology does not already exist, maybe it can be developed.

That's a pretty bad news because dishonest casinos and exchanges will use it as an excuse for asking more private documents to their customers. Most, if not all exchanges and casinos ask selfies, so it's very hard to deceive them actually. In addition they can ask extra documents so the AI used has to also be able to fake them.