Sending in fake ID for KYC - page 4.

coin-investor

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Quote from: btc-facebook on September 16, 2020, 07:53:33 PM

my advice is better choose a good project that does not need to do KYC, or use a well-known exchange that has a high security system and good and strict KYC checks.

Good projects ask for KYC because they are compliant to regulations I have no problem with that, as long as they show transparency when it comes to KYC you cannot escape it even if you don't want to because it's part of the compliant to the government and exchange operation to check accounts to have a good standing.

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legendary

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Quote from: preikaler on September 16, 2020, 03:33:35 PM

if by sending a fake ID you can pass KYC of course the company doesn't do the identification carefully and they only collect everyone's documents, for that I think many times to submit ID to a new project, because they could scam and sell our ID

Things like that are not just projects, sometimes exchanges also have a low level of KYC checking,
projects or exchanges like this should be avoided because they are dangerous to our identity,
my advice is better choose a good project that does not need to do KYC, or use a well-known exchange that has a high security system and good and strict KYC checks.

wmaurik

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Quote from: blogardianz on February 18, 2018, 08:56:29 PM

I send my ID only for good exchanges. Although i am very regret about that.
Sending an ID for KYC is the stupid things. Its' very dangerous if some bad guy know you details profile. You can send fake ID if you want, although i don't agree with that.

I send my ID also on those exchange site that have required KYC because it was needed. And if we are have trust that exchange like binance we need to follow the requirements on it, and I know we regret on why we send our ID but we have no choice. Some KYC coming from bounties that would need to get our bounty rewards for me that was be a suspicious must better to think first before to doing anything.

For bounties, this is really worrying and if possible, just follow bounties that don't require kyc or maybe if there is a good idea to use kyc verification services, because it looks like there are a lot of services like this but of course this is illegal so I don't recommend it, but this method is more effective because If we provide personal data but bounty that we followed turns out to be a scam project, of course there is a possibility our data is misused or maybe will be sold.

preikaler

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if by sending a fake ID you can pass KYC of course the company doesn't do the identification carefully and they only collect everyone's documents, for that I think many times to submit ID to a new project, because they could scam and sell our ID

Sanugarid

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Quote from: Ozero on September 16, 2020, 12:36:26 AM

In addition, I believe that they no longer have the right to demand signatures from campaign participants to provide them with KYC.
The provision of KYC to exchanges should be treated more carefully and responsibly.

The project has the right to their campaign, if they wanted the participants to be KYC-ed at the end of the campaign it is not their fault if you don't want to but you're not going to take any from the allocation. Here is a BUT, the announcement of having a KYC should be done in the very first place to let the bounty hunters know what are they giving in exchange for participating, which most of bounty hunters don't like to get KYC-ed.

Quote from: Ozero on September 16, 2020, 12:36:26 AM

Here it is better to comply with all the KYC requirements, since various problems may arise where confirmation of the information provided will be required so that we can successfully complete our financial transactions.

With cryptocurrencies, I believe that it was created to eliminate your identity online which is somehow defeating by the KYC procedures.

UniversityCoin

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Quote from: Ozero on September 16, 2020, 12:36:26 AM

Quote from: UniversityCoin on September 15, 2020, 05:38:32 PM

Quote from: akwfleaspirit on August 28, 2020, 01:36:58 PM

Any project requesting for kyc, I back off it. Since I don't have ways of giving a fake details, am straight in everywau, so instead of dropping fakes, I just stay off. Most team sell off details as I learnt, and also a time, binance kyc got leaked, I got scared to death. But anyways, if you are giving out your real ID, then you have to be very careful doing so.

You're doing the right thing. I only provided my KYC data once. And what do you think happened? The project turned out to be fraudulent and deceived all participants. Now I'm worried about where my data might be used.

Therefore, if the ICO team announces KYC without warning after completing the signature campaign, I fully admit the possibility of providing them with fake KYC. ICO teams are not designed to collect and store our confidential information and often misuse the information they receive without bearing any responsibility for its misuse. In addition, I believe that they no longer have the right to demand signatures from campaign participants to provide them with KYC.
The provision of KYC to exchanges should be treated more carefully and responsibly. Here it is better to comply with all the KYC requirements, since various problems may arise where confirmation of the information provided will be required so that we can successfully complete our financial transactions.

I have also heard about such bounty campaigns where the development team at the end introduced a KYC in order to reduce bounty payments to those who refuse to pass it. I consider this a great meanness. Fortunately, I didn't come across such bounty campaigns.

Quote from: ije07 on September 16, 2020, 12:54:36 AM

You need to know that misuse of KYC data does exist and I've heard that there is a service out there that accepts or pays KYC data at a price of $ 50- $ 100. to be honest I'm also worried about this, but for me personally doing KYC is only on projects that I truly believe in.

I really hope that my data will not be sold to scammers and they will not use it in their dirty business.

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Quote from: UniversityCoin on September 15, 2020, 05:38:32 PM

Quote from: akwfleaspirit on August 28, 2020, 01:36:58 PM

Any project requesting for kyc, I back off it. Since I don't have ways of giving a fake details, am straight in everywau, so instead of dropping fakes, I just stay off. Most team sell off details as I learnt, and also a time, binance kyc got leaked, I got scared to death. But anyways, if you are giving out your real ID, then you have to be very careful doing so.

You're doing the right thing. I only provided my KYC data once. And what do you think happened? The project turned out to be fraudulent and deceived all participants. Now I'm worried about where my data might be used.

You need to know that misuse of KYC data does exist and I've heard that there is a service out there that accepts or pays KYC data at a price of $ 50- $ 100. to be honest I'm also worried about this, but for me personally doing KYC is only on projects that I truly believe in.

Ozero

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Quote from: UniversityCoin on September 15, 2020, 05:38:32 PM

Quote from: akwfleaspirit on August 28, 2020, 01:36:58 PM

Any project requesting for kyc, I back off it. Since I don't have ways of giving a fake details, am straight in everywau, so instead of dropping fakes, I just stay off. Most team sell off details as I learnt, and also a time, binance kyc got leaked, I got scared to death. But anyways, if you are giving out your real ID, then you have to be very careful doing so.

You're doing the right thing. I only provided my KYC data once. And what do you think happened? The project turned out to be fraudulent and deceived all participants. Now I'm worried about where my data might be used.

Therefore, if the ICO team announces KYC without warning after completing the signature campaign, I fully admit the possibility of providing them with fake KYC. ICO teams are not designed to collect and store our confidential information and often misuse the information they receive without bearing any responsibility for its misuse. In addition, I believe that they no longer have the right to demand signatures from campaign participants to provide them with KYC.
The provision of KYC to exchanges should be treated more carefully and responsibly. Here it is better to comply with all the KYC requirements, since various problems may arise where confirmation of the information provided will be required so that we can successfully complete our financial transactions.

UniversityCoin

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Quote from: akwfleaspirit on August 28, 2020, 01:36:58 PM

Any project requesting for kyc, I back off it. Since I don't have ways of giving a fake details, am straight in everywau, so instead of dropping fakes, I just stay off. Most team sell off details as I learnt, and also a time, binance kyc got leaked, I got scared to death. But anyways, if you are giving out your real ID, then you have to be very careful doing so.

You're doing the right thing. I only provided my KYC data once. And what do you think happened? The project turned out to be fraudulent and deceived all participants. Now I'm worried about where my data might be used.

24Kt

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Quote from: travwill on September 15, 2020, 05:25:19 PM

Quote from: qory on April 23, 2020, 10:29:39 AM

Why not giving fake ID for submit KYC and approved? I think is not serious problem because we can't trust anymore with some project exchange or bounty campaign must participants submit KYC document, how ever they will take benefit from our data using for other else.

Not sure if this is a good tone. There are two options, either you use other people's data or change your data so that it does not correspond to reality.
The second option is preferable, because you do not substitute another innocent person.
But this does not apply to exchanges, because if the account is blocked and it is not possible to provide the correct data, you can lose your savings.

That is the repercussion here. If you will use fake IDs in exchanges and if something goes wrong, you need to prove that you are that person. Better use your own if you trust the platform. At least you have other IDs, if in case they ask you in the future. Your funds will not be recoverable if in case your account will be blocked and you have nothing to do to rectify it.

travwill

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Quote from: qory on April 23, 2020, 10:29:39 AM

Why not giving fake ID for submit KYC and approved? I think is not serious problem because we can't trust anymore with some project exchange or bounty campaign must participants submit KYC document, how ever they will take benefit from our data using for other else.

Not sure if this is a good tone. There are two options, either you use other people's data or change your data so that it does not correspond to reality.
The second option is preferable, because you do not substitute another innocent person.
But this does not apply to exchanges, because if the account is blocked and it is not possible to provide the correct data, you can lose your savings.

akwfleaspirit

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Any project requesting for kyc, I back off it. Since I don't have ways of giving a fake details, am straight in everywau, so instead of dropping fakes, I just stay off. Most team sell off details as I learnt, and also a time, binance kyc got leaked, I got scared to death. But anyways, if you are giving out your real ID, then you have to be very careful doing so.

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Quote from: Estehmanis on August 28, 2020, 10:24:09 AM

Made me think , may have been what you said right , almost all kyc i do with honest details , i do not know much a person who uses fake data , but is it true smoothly safely ?

On several occasions this has actually happened. Many people have done it, but not every time it works. sometimes if the platform is indeed difficult to penetrate. then the KYC will be rejected, unless the platform only requires data. The possibility of fake data from google can be accepted. For me personally, I've never done that.

Convery

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There are two reasons why people trying to cheat the KYC process. Firstly, they are afraid that their identity will be compromised, but they do not want to lose their rewards. The second case is that they abuse bounty campaigns with multiple registrations with different accounts to maximize the profit.

Estehmanis

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Made me think , may have been what you said right , almost all kyc i do with honest details , i do not know much a person who uses fake data , but is it true smoothly safely ?

iTradeChips

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Some of the legitimate cryptocurrency based payment systems here in our country, Coins.ph and Abra, uses the KYC and I am not really against that. These websites are approved by the Central Bank here so they are a bit regulated and somehow needs to follow existing rules and regulations set for payment systems, similar to Paymaya and G-cash. There is really nothing wrong for KYC if the company is very legit and is well known. However, if the project is dubious and you really don't know the system then of course you need to be very careful. You never know what will they do with your information.

caeles

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I think sending fake IDs is the same as not trusting the project you are entering. If you really trust those projects you have joined, you should be real or trusted. If you do those kinds of cheating, you're not only cheating on the company you have joined but also, you cheated on yourself as you became as one of the scammers. You will be punished as time goes by.

Andrews193

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Quote from: amonymous on August 22, 2020, 02:32:20 PM

This should be avoided because presenting your document to another person means it can be misused if it wants to. I have seen some airdrops that have forced kyc and also many are presenting their confidential information to others for get $5-10. In my opinion it is really unnecessary and some bounties are also collecting kyc in an unnecessary way.

Agree, KYC is not a necessity, even for reputable exchanges, they only require KYC when we want to break a limit, for cases where fake KYC is submitted, the responsibility is also on both sides because bounty and airdrops always ask for such unreasonable issues, that forces the participants to take special measures. Speaking of participants, a bad part always wants to cheat to make money, if they are more conscious in this matter, KYC will not appear and there will be no fake KYCs.

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Quote from: abbywem on February 18, 2018, 06:27:16 PM

I just was brought up to speed on groups of people sending in fake/Photoshopped ID's by scanning public records to defeat the KYC process and it seemingly is very easy to do. It appears that many people sent in fake documentation to the Bob's and Polymath KYC and had no hassles. How do these companies verify people if all they have to go on is public information? Did they even really check the ID's or were they simply collected the data? How rampant do you think this is? How many of us are complete fools for turning in our documents when others simply faked it. Now they have our data and the people who faked it are still secure.

NOT FAIR.

I mean, I don't really know the point of KYC unless we are talking about a local company who can really verify if the ID is legitimate.
It's cool that fake ID's work in some KYCs. It is still sensitive information. Scammers can use your valid IDs for hacking, social engineering, etc. It is not really safe to give them personal information.

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Quote from: GWS My Boy on August 22, 2020, 02:00:30 AM

many people do this kind of thing because now you can see the KYC season, KYC not just to buy coins at ICO but now everything needs KYC, such as airdrop, bounties and exchangers

Yes, and when giving KYC we have to be more careful and consider it well, if Airdrops, Bounties and exchanges have proven to be bad, then it's better not to give KYC because it will also harm us later, because KYC matters. which is personal and sacred.

But right now we have very few options without this KYC many exchanges and sites giving nothing without this KYC as we have localbitcoins.com is also closing accounts and many peoples already losing accounts and works just because of this now its going to be very serious trouble for peoples those don't like this KYC as they have nothing without this and most feeling its not good idea to go with this hopefully in near future we will have some better solution for this.

Topic: Sending in fake ID for KYC - page 4. (Read 89379 times)