Attention! KYC data sold on the Dark Web! Proofs!

elda34b

sr. member

Activity: 910

Merit: 351

Quote from: 79b79aa8d5047da6d3XX on July 16, 2019, 08:08:45 PM

This is really bad. KYC on crypto stands against everything that crypto currency and decentralization stands for. Many people joined crypto because they thought they can have an anonymous transactions but KYC is now putting all that away

Not all crypto stands against KYC, in fact, some of them require a bit of KYC to function properly, such as EOS or any other highly centralized blockchain which requires 2/3 validators to agree on something.

Well, but some of us won't call them a crypto though.

79b79aa8d5047da6d3XX

full member

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Colletrix - Bridging the Physical and Virtual Worl

This is really bad. KYC on crypto stands against everything that crypto currency and decentralization stands for. Many people joined crypto because they thought they can have an anonymous transactions but KYC is now putting all that away

Sorbent

newbie

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Merit: 0

Quote from: korner on May 26, 2019, 08:11:38 AM

Binance - SCAM. These scammers steals money

Sad, but true

korner

member

Activity: 98

Merit: 101

Binance - SCAM. These scammers steals money

Yoshinoya

full member

Activity: 335

Merit: 101

be more careful in sending KYC forms, monitoring sites and teams within them.
indeed, many who advocate KYC are new exchanges, and one of the conditions is KYC so that we can make transactions safely. actually I agree with this program, but many do not agree, maybe the reason for the security of information about their personal data.

stadus

legendary

Activity: 3080

Merit: 1292

Hhampuz for Campaign management

These data are from crypto exchanges and we trust them with our information.
I think it's riskier in the ICO market as there are projects who requires KYC to participate in the token sale and the bounty campaign.

Let's be careful, our information at risk, could also mean our life are at risk then.

sunsilk

hero member

Activity: 3038

Merit: 634

Quote from: Crypto Girl on April 11, 2019, 02:32:24 AM

Quote from: sunsilk on April 10, 2019, 07:24:30 PM

Mostly everybody complied to KYC especially those local exchanges that forced their customers to avail a levelled up service by passing on our IDs.

That is sort of black mail and we leave no choice than to comply to it or else we can't use their platform and the worst they will hold our funds.

If we want to cash out and use their service, because of the convenience they offer, we have to comply but it's our choice if you will look for another exchange that offers same convenience or stay to that exchange that you used to use before. I experienced it before when they have held my funds and they want to me comply, if that is not for my balance, I wouldn't comply.

Quote from: Crypto Girl on April 11, 2019, 02:32:24 AM

Quote

I'm not sending mine again as well.

Let just hope that our documents aren't there. lol!

Yeah, I hope so too and that would be the last time to comply with KYC.

Crypto Girl

sr. member

Activity: 980

Merit: 294

Quote from: sunsilk on April 10, 2019, 07:24:30 PM

Mostly everybody complied to KYC especially those local exchanges that forced their customers to avail a levelled up service by passing on our IDs.

That is sort of black mail and we leave no choice than to comply to it or else we can't use their platform and the worst they will hold our funds.

Quote

I'm not sending mine again as well.

Let just hope that our documents aren't there. lol!

leowonderful

legendary

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Bitcoin FTW!

I typically don't register, use or submit KYC documents for smaller exchanges as I mostly trade on bigger exchanges like Bitstamp, hope these leaked docs aren't from the ones I signed up for. This is also why you shouldn't ever submit KYC for giveaways, even from sites like Blockchain and their Stellar giveaway right now. The potential damages that can be caused from your documents being leaked can be much more than what you gain from submitting documents in the first place.

DEXes currently have very low volume compared to centralized exchanges and many flaws compared to centralized exchanges, but I'm keeping an eye on most of 'em for the future as I'm sure things will improve in the future. I've used several like Forkdelta and the Waves DEX in the past and things weren't the greatest, especially the volume for the pairs offered.

sunsilk

hero member

Activity: 3038

Merit: 634

Quote from: Netnox on April 10, 2019, 02:10:39 AM

Horrible... In the past I went through KYC for at least a dozen crypto exchanges and now I am afraid of someone stealing my identity for criminal purposes. I am never again going through this process, but it looks like the damage has been done already.

Mostly everybody complied to KYC especially those local exchanges that forced their customers to avail a levelled up service by passing on our IDs.

This is why many doesnt like sending KYCs anymore although there were gimmicks that you might get a free token after passing on the requirement. I'm not sending mine again as well.

Netnox

legendary

Activity: 2044

Merit: 1008

Horrible... In the past I went through KYC for at least a dozen crypto exchanges and now I am afraid of someone stealing my identity for criminal purposes. I am never again going through this process, but it looks like the damage has been done already.

milewilda

legendary

Activity: 3094

Merit: 1127

Quote from: Crypto Girl on April 09, 2019, 05:10:39 AM

Quote from: gerobakcrypto on February 22, 2019, 11:12:06 PM

10$ for 100 Document is too cheap for any exchange. If that document from KYC any exchange/market. Why they sell with cheap price? Why that exchange not steal more assets from their member? Why must their document?

That wasn't cheap if you sell all over 700 million email addresses, technically that will be $70 million, is that what you call cheap?
Yet, binance won't take any action to this hence their only serious concern is that no funds were stolen. That's it.

Quote from: https://www.ccn.com/hacked-customer-data-from-world-leading-cryptocurrency-exchanges-for-sale-on-the-dark-web

Whether the leaked documents are connected to the recent ‘Collection #1’ 87 GB database leak, which includes over 700 million email addresses and 21 million passwords, isn’t clear.

$1 for 1000 and it do have discounts for bulk orders but well we cant really make fix calculations but sure thing that these info's been leaked out and been sell off on dark web which isnt
really a surprising thing thats why even upto these days im still hesitant to leak or give out documentations due to this issue.Info can be used into other illegal means
which will put out your name into problem.

Crypto Girl

sr. member

Activity: 980

Merit: 294

Quote from: gerobakcrypto on February 22, 2019, 11:12:06 PM

10$ for 100 Document is too cheap for any exchange. If that document from KYC any exchange/market. Why they sell with cheap price? Why that exchange not steal more assets from their member? Why must their document?

That wasn't cheap if you sell all over 700 million email addresses, technically that will be $70 million, is that what you call cheap?
Yet, binance won't take any action to this hence their only serious concern is that no funds were stolen. That's it.

Quote from: https://www.ccn.com/hacked-customer-data-from-world-leading-cryptocurrency-exchanges-for-sale-on-the-dark-web

Whether the leaked documents are connected to the recent ‘Collection #1’ 87 GB database leak, which includes over 700 million email addresses and 21 million passwords, isn’t clear.

korner

member

Activity: 98

Merit: 101

Be aware! KYC is always leaks

examplens

legendary

Activity: 3416

Merit: 3419

Crypto Swap Exchange

KYC it is not good at all in any exchange. Also, the meaning of anonymity is lost with KYC. I think all exchanges need to use external KYC service, then will reduce the risk of a hacker attack and they can bring only to funds safe. Everybody to do their part of the job.

Quote from: icalical on February 18, 2019, 08:50:46 AM

This is why many people move to decentralize exchange, like IDEX, Etherdelta and so on. However, those exchanges are far behind the Centralized exchanges in term of features, UI/UX, and stability. There also some centralized exchanges that is not require KYC, but most of them don't provide any customer support, so it is more risky to put your money there.
I think the best option is register in a local exchange, that limit their user to certain nationality, so it is not too hard for handling user and the KYC data, so it is not easy to get hacked.

Etherdelta, Forkdelta etc ... it was worst exchanges ever. there are many complaints about them, especially on the security issue.

gerobakcrypto

newbie

Activity: 89

Merit: 0

10$ for 100 Document is too cheap for any exchange. If that document from KYC any exchange/market. Why they sell with cheap price? Why that exchange not steal more assets from their member? Why must their document?

icalical

sr. member

Activity: 1400

Merit: 268

Fully Regulated Crypto Casino

This is why many people move to decentralize exchange, like IDEX, Etherdelta and so on. However, those exchanges are far behind the Centralized exchanges in term of features, UI/UX, and stability. There also some centralized exchanges that is not require KYC, but most of them don't provide any customer support, so it is more risky to put your money there.
I think the best option is register in a local exchange, that limit their user to certain nationality, so it is not too hard for handling user and the KYC data, so it is not easy to get hacked.

ERC-223

newbie

Activity: 140

Merit: 0

Quote from: ?? on ??

Use an exchanges without KYC

Like what, for example?

ERC-223

newbie

Activity: 140

Merit: 0

Do not send a personal data to scammers (Binance, Huobi, etc)

Polizei

jr. member

Activity: 123

Merit: 3

Most of popular exchanges - is a scam. All personal data is leaking

Topic: Attention! KYC data sold on the Dark Web! Proofs! (Read 566 times)