The news is already been shared by another member _act_ --> AI-generated fake IDs claimed to pass crypto exchange KYC is selling for $15 I already shared by opinion there but here is what I have to say on it again. OKX must have weak systems to verify the KYC or verifications that's why the fake IDs are able to be used there. Well, at the start when I was new to crypto I thought that these exchanges would work with the government authorities to confirm the IDs we gave them but after a while, I realized that's not so very true.
Even some exchanges are banned in a country so I was thinking back then what would be the mechanism for an exchange to confirm that the ID they are given is real or fake. Well, I assumed that they may check for security features like watermarks, holograms, and other anti-counterfeiting measures manually like they might have staff to confirm that. But most of the exchanges have a facial recognition step to complete the KYC and I guess OKX might not have a facial recognition step to verify the KYC. I did KYC on OKX but not remember if I gave facial recognition or not.
Topic: AI generates documents for verification (Read 55 times)
There is a thread about it on this forum already since yesterday: https://bitcointalksearch.org/topic/m.63622206
https://cointelegraph.com/news/ai-generated-fake-ids-pass-crypto-exchange-kyc-onlyfake
AI-generated fake IDs claimed to pass crypto exchange KYC are selling for $15
"A new service claiming to use artificial intelligence (AI) “neural networks” and “generators” to create fake driver licenses and passports has reportedly succeeded in passing Know Your Customer (KYC) checks on multiple crypto exchanges.
The cost? Only $15 a pop.
The site, OnlyFake, generates realistic fake driver’s licenses and passports from 26 countries, including the United States, Canada, Britain, Australia and multiple European Union countries, and takes payment in multiple cryptocurrencies through Coinbase’s commercial payments service.
404 Media reported on Feb. 5 that it successfully bypassed the KYC verification of crypto exchange OKX using a photo of a British passport the outlet generated with the site, where the ID appeared to be laid on a bedsheet as if a picture of it was taken."
AI-generated fake IDs claimed to pass crypto exchange KYC are selling for $15
"A new service claiming to use artificial intelligence (AI) “neural networks” and “generators” to create fake driver licenses and passports has reportedly succeeded in passing Know Your Customer (KYC) checks on multiple crypto exchanges.
The cost? Only $15 a pop.
The site, OnlyFake, generates realistic fake driver’s licenses and passports from 26 countries, including the United States, Canada, Britain, Australia and multiple European Union countries, and takes payment in multiple cryptocurrencies through Coinbase’s commercial payments service.
404 Media reported on Feb. 5 that it successfully bypassed the KYC verification of crypto exchange OKX using a photo of a British passport the outlet generated with the site, where the ID appeared to be laid on a bedsheet as if a picture of it was taken."
Jump to: