Sending in fake ID for KYC - page 48.

TRONTON

sr. member

Activity: 868

Merit: 252

Quote from: kendedes on June 27, 2018, 03:40:50 AM

If we are not scammer or spammer, we should no be afraid to send the ID. But, we may feel afraid of the privacy of our ID after on their hand. In this case, actually sending KYC is very normal to do. Many ICOs obligates the investors or bounty participants to require and complete the KYC. We cannot ignore it. So, sending the fake ID for KYC is something unfair.

true, the world of crypto upholds honesty, so if we cheat it slowly we will be eliminated from the competition,
because when no one believes, then we are finished

kendedes

sr. member

Activity: 728

Merit: 250

Security and Privacy Features on the Blockchain

If we are not scammer or spammer, we should no be afraid to send the ID. But, we may feel afraid of the privacy of our ID after on their hand. In this case, actually sending KYC is very normal to do. Many ICOs obligates the investors or bounty participants to require and complete the KYC. We cannot ignore it. So, sending the fake ID for KYC is something unfair.

Profuter

member

Activity: 210

Merit: 10

Quote from: lieutkcb on June 27, 2018, 03:10:54 AM

I have no problem in giving my real ID cards for KYCs. Only people with multiple accounts are against this. What’s the worst thing that could happen to someone with a very low credit limit? Not getting paid because the ID sent was fake and got charged for falsification of documents.

Do you think that for people who are engaged in multi-accounts will be a problem to find a lot of documents? Of course not. People do not like what their documents require, as there are a lot of scammers.

548khen

jr. member

Activity: 84

Merit: 1

Send your real data if you think the project that you are participating in is good. Don't send if the project are thinking is fraud. Always research about the project.

basesaw

sr. member

Activity: 406

Merit: 250

Yes, I dont really know why they needed our private information if the main point of cryptocurrency is anonymity and security. Maybe some of the investors who submitted a fake IDs dont really want to introduce their private information on the company as it may be used to crimes if the ICO comes up to be scam.

Good Bo

member

Activity: 204

Merit: 10

Quote from: Oilacris on June 11, 2018, 04:03:14 PM

Quote from: ashmodeus on June 11, 2018, 03:07:36 PM

Quote from: a123uxcz888 on June 10, 2018, 06:33:17 AM

this is really a lot of pros and cons, because I think KYC is really needed to avoid the multi account, but it is also often misused for fraud etc., therefore I hope for the future there is a solution to solve this problem

i know and people know it
but the question just,
how they make our data safe.
even, the ETH wallet it's easy to hacking by bad people.
well ,
i will skipped some project needing KYC.

Even myself would simply skipped out project with have KYC requirements no matter how good it is. Anonymity or privacy would always concern me and once you comply such documentations to them then you are already risking out your entity. Above on all things that do happen about selling out informations into blackmarket we wont even know that our information is already there and being sold out by other people and use up on other purpose.

This is what i mean. Kyc has killed previous goal of crypto become anonymous. So what we want from this kyc.
Anyway, Kyc is only needed for people who want to invest in big capital to prevent money laundry so for small investor and also bounty hunter is not needed.

lieutkcb

newbie

Activity: 70

Merit: 0

I have no problem in giving my real ID cards for KYCs. Only people with multiple accounts are against this. What’s the worst thing that could happen to someone with a very low credit limit? Not getting paid because the ID sent was fake and got charged for falsification of documents.

artisarr

member

Activity: 266

Merit: 11

The main problem here is centralized KYC process and poor security. We send our docs, those companies got hacked and our data is leaked. I completely understand when people are trying to get around it and send a fake info.

notoriousdumper

jr. member

Activity: 70

Merit: 1

For many clients of ICOs believe Know Your Client is inappropriate for their moderate purchase and a unreasonable liability with no use.

khuyenkhich821644

newbie

Activity: 1

Merit: 0

It is a gamble to send fake data and find your account frozen at a later point of distribution. For sure not an easy task checking IDs from dozens of countries.

lovetherain0101

newbie

Activity: 63

Merit: 0

this is really a lot of pros and cons, because I think KYC is really needed to avoid the multi account, but it is also often misused for fraud etc., therefore I hope for the future there is a solution to solve this problem

lanndrysmith

newbie

Activity: 112

Merit: 0

I agree that you should not send your real data to anyone. There is a high probability that they can fall into the hands of bad guys. For yourselves, to transfer fictitious data, no one will check a particular person from the other end of the world.

rabbitkenith

newbie

Activity: 28

Merit: 0

Anything that requires KYC I do not participate in. I don't need anybody putting a face to my wallet ID and such. This space was not meant for KYC! Angry

markieeeloy

jr. member

Activity: 296

Merit: 2

It is totally okay for the other users to avoid using their documents in a not good way. Like an identity theft. It could be possible when they sold it to the black market (Its my own opinion). But it is not advisable especially when you are making purchase of the coins or altcoins. It may lead to your account to be invalidated for your transaction and your funds may not be recovered because you send a fake documents.

disconnectme

hero member

Activity: 1876

Merit: 512

If people are sending KYC ID and the team if that ICOs are accepting it, then the team is not doing any crosschecking on this document, perharps they are just doing it for the sake of other projects are doing it, there was one that I tried to do, that they keep rejecting the document I sent and that means they are doing their due dilligence

cryptoherr

member

Activity: 114

Merit: 10

Empowering crypto w/ sustainable energy

KYC has it positve aspects aswell, for example it prevents the mass of bots which enter a lot of icos that offer Bounty programs These days. So this is not just bad for us

taiwww

sr. member

Activity: 588

Merit: 257

So what appears from your post is that these people have never got the chance to verify the users ID but they just collected it and thought that it might be perfect one. Lolz.
I mean if they did not verified then what another reason could be there! Sometimes ICO people itself would be little unfair about their work and about their so called legal protocols. We cant do anything about it and those who got approved anyway, seems to me lucky one and now ICO team cant do anything about it as its ICO phase and distribution is already passed on.

andor.gellenhidi

full member

Activity: 602

Merit: 100

This kind of activity is engaged in a lot of people and this is right, because now very many people are completely unaware of what actually will bring their documents to the network. I think this will have serious consequences

sylviazapanta19

newbie

Activity: 45

Merit: 0

Just avoid ones with kyc if it's a problem for you.

nadbucs

jr. member

Activity: 182

Merit: 5

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.

Yes due to KYC requirements some people knows how play also. Providing fake ID is the way for them to keep their real identity. Why worry about being fair of other doing so since it is up to the dev team how they can trace valid IDs. If you feel unfair then don't participate ICOs asking fir KYC then.

Topic: Sending in fake ID for KYC - page 48. (Read 89379 times)