KYC scams - page 10. | Bitcointalksearch.org

OpenCryptoSystem

jr. member

Activity: 182

Merit: 3

Quote from: yinoye on August 31, 2018, 11:47:58 AM

It's true that identity fraud is real and a very dangerous thing. Unfortunately most icos and even airdrops and bounties now ask for Kyc. Though the legit ones don't have bad intentions but there will always be the bad eggs amongst them. So we have to be very careful who we give our kyc.

Why we need stress? Isit millions of dollars??
Isit worthed??
You know its like story i went in the bank just to cash out 1000$ then the banker start questiining all this nonsense..
Then i just said why you act like we have million dollar deal?? 1000$ even 10000$ is small money and everybody should have this in their home because you never know what will happends wirh you.
So i said why you act like we do million dollar deal, then she said but our rules and regulations and bla bla...then i said where is the rules and regulations then when terrorist real terrorist make millions of dollar transactions to finance very bad activitivities for humenity??
Then she was silent.
So all im saing lets do things but lets not loose our common sense.
Its not very smart to give out your idenification over internet to someone who you even dont know

its big joke

OpenCryptoSystem

jr. member

Activity: 182

Merit: 3

You know guys life is simple when something is good you always feel good about it.
If the ico start asking kyc or whatever they like to call it.
Im out thats it my friends and other crypto partners will stay out too.
I dont need headache and will find something else something better.
Lets keep it real when something is good then you like whole thing when you feel bad something about it then better is stay away.
At the end of the day its all internet its not real life!!
Real money is only money in your pockets.
And real life is taste of food or floor under your feet.
Im not gona do nothing uncompfortable just to get some tokens they are just digits on the computer screen.
You guys make this kyc to disapere then im and all other guys who use brain will be back in ico investment business.

yinoye

full member

Activity: 532

Merit: 101

It's true that identity fraud is real and a very dangerous thing. Unfortunately most icos and even airdrops and bounties now ask for Kyc. Though the legit ones don't have bad intentions but there will always be the bad eggs amongst them. So we have to be very careful who we give our kyc.

OpenCryptoSystem

jr. member

Activity: 182

Merit: 3

Those who make rules they are the ones who brake rules:)
At the end this whole cryptovurrency thing is supported and directed from the bankers and 5% elite people.
Slowly slowly you get to the point when crypto related fraud % is so high then must identy youself if you use even 1cent worted of cryptocurrency.
But first as we all know dollar and other fiat currencies must collapse complitely.
Then the crypto will take position !!
I give 2 more years this financial un regulated wild west!
Then for sure goverment will take some action.
Thats how it works if we look at any history.
And why they dont let usa investors to invest in ico-s
This is just nothing else then something what will make your mind to think the way you should think.
There is no rational reason for this dont even look for the reason its just the same lame bs like in unitid kingdom you have to provide proof of address and proof of other non senses!
World we are living in is complite theater and nonsense.
Enough said and no need to say about this topic notjing else i just explained the minor things here!

mattujusuruga

member

Activity: 728

Merit: 48

Quote from: camps74 on December 28, 2017, 07:11:03 PM

I have seen evidence of some scams being run under the guise of KYC in order to gain your passport and government issued id's. Be careful out there and remember that a lot of these coins end up being scams. Do you really want them having your passport/photo identification? This is how people fall victim of identity fraud so please think before sending your information in.

Im not support kyc, Crypto should be decentalized, i also worry about what you say, but you know the condition now, if we dont fill kyc we cant join and participate in ICO, sometimes to receive bounty payment we must do KYC.

Cyptobonds1

jr. member

Activity: 262

Merit: 2

thinking of exact same for some while now, how come some unknown project just requires for KYC which comprises of receiving all details all in the name of ICOs and the worst part of it is that some bounty also requires this. well let all be carefull

onaiwusun

newbie

Activity: 154

Merit: 0

If there are not enough reasons for a project to demand my KYC, especially a valid international passport, I avoid such project altogether

goolesby

member

Activity: 574

Merit: 10

Gistcoin

Yeah, many possibilities can appear from the documents of KYC. Here, the KYC is very crucial especially about its security. I cannot guarantee that the documents that we submit for KYC requirement is really secure or not. The developer always says that the document is secure stored in their system. However, how is one fo them or the system is hacked and the documents are lost? Nobody knows about it. It may be used for illegal situation. But, I only hope highly that the document will be really secure.

anatolyp

member

Activity: 350

Merit: 10

Quote from: Prosperityforall on August 24, 2018, 05:11:11 PM

it is true, scam ICOs stick to collect documents and sell them on dark market. That's why I try to avoid passing KYC.
In most cases I buy documents and it is ok. Nobody check it

I'm afraid to buy other people's documents to verify identity. Can in the future, when withdrawing money, they will ask for a photo document in the background of the site. Also what then to do?

torry28

legendary

Activity: 1680

Merit: 1001

Quote from: badjoke on August 27, 2018, 04:46:34 PM

some scam projects already got my personal informations and i really dont know what to do. This is sucks , without kyc investing almost impossible and with kyc there is always fears.

Well then don't join on any bounties again. You didn't research first about what project you will be give your ID.
I don't ever like KYC idea, people just can easily buy random ID from market

jojohamasa

member

Activity: 392

Merit: 21

Quote from: Yudhisthir on December 28, 2017, 07:22:47 PM

Yes, users should be ware of whom they are sending their identity.
Most of the new coins are just doing to look special.
Anonymity is one of the reason why people switched for paypal to crypto.

In this world there must be extreme caution, especially in these sensitive issues
It is necessary to verify the authenticity of the project and its .sponsors before sending the documents.

honex2

newbie

Activity: 126

Merit: 0

What will one now do, when kyc is required for a project? Hackers still find their way to holders of the document though its good for buyers to be identified by the owners of the project

coinbirds

full member

Activity: 588

Merit: 104

I am not giving out my private information to any airdrop or bounty campaigns rather not participating in them.
Doing KYC only when investing but only after deep research and good projects.

badjoke

jr. member

Activity: 206

Merit: 2

some scam projects already got my personal informations and i really dont know what to do. This is sucks , without kyc investing almost impossible and with kyc there is always fears.

OpenCryptoSystem

jr. member

Activity: 182

Merit: 3

Kyc is pointless.
Cryptocurrency is bragging about anonoumoty and security. To send someone who u dont know your id is not secure and its opposite what the cryptocurrency is really all about.
Ico creators founders himselfes never use id to cash out the funds they collected from ico fund rising.
They never use their own idententy!
How they can ask you to do it? Well it dosnt make sense but it is the way how it is.
Order to someone win someone must loose

shaheer001

full member

Activity: 1274

Merit: 100

This is really very bad as some scam projects do it and then run away, Be careful first examine whole project then join it if it is real.

cryptobrzy

jr. member

Activity: 123

Merit: 3

SmartFi - EARN, LEND & TRADE

I think KYC is still one if the delicate topics in cryptocurrencies and with the recent EU GDPR regulations privacy is become a very sensitive topic.
I think ICOs that ask for KYC along with white listing are not good, rather KYC should be required when the token sale is to start and when a person has guaranteed Allocation.

jeruk nipis

newbie

Activity: 196

Merit: 0

Indeed it looks like we should be very wary of the dangers of this scam. Because it could be your personal information will be misused. So if indeed the project with KYC felt already suspicious, you should leave it out.

cryptovirus101

newbie

Activity: 6

Merit: 0

This is true thats why many people fall for this scheme specially in airdrops that requires KYC its like selling you identity for a penny !

Barbaralehoa

newbie

Activity: 36

Merit: 0

yes, a lot of projects taking advantage of KYC to gather personal information of the user. It is slowly gaining popularity, bonus materials worthy of the KYC it?

Topic: KYC scams - page 10. (Read 2932 times)