Topic: Sending in fake ID for KYC - page 5. (Read 89304 times)
And issue is, detecting this may be very difficult. Many scammers in crypto this period. I will suggest we always check thoroughly or deviate a way of getting fake IDs please. Some exchanges withdrawal limit without kyc is good enough and even if one decides not to do kyc for some reasons you can withdraw for day. Please let's look for ways of stopping scammers from using fake ID for KYC. I do kyc but not all exchanges. I select before I involve myself.
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.
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.
This is very alarming especially to those projects that requires KYC process but because you brought out this matter, many project which required KYC will be more vigilant and will have a stricter way of having a KYC process I think that it is really possible. NOT FAIR.
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
I support KYC for legitimacy check especially to claim bounty rewards or required by such exchanges but it's also bit a risky hence that's your identity that could also can be used by other people online if they have access to your submitted documents just like what happened to Binance kyc leaks incident. In order not to fall from this KYC process, it is best to filter airdrop and bounty campaigns that doesn't requires identity checks.
I do not support KYC, but its a thing that has its purpose and has a chance to live in the crypto market and crypto industry.I wouldn't ever send fake ID because its a) illegal b) breaks the point of using the service and crypto in the first place.
We are not community of frauds/scammers/people striving to break the law, we want to use new technologies and we need the game to have adequate rules.
offcourse it's not fair and sometimes kyc is a little silly because with fake data some platform can still be penetrated, but what's difficult is when kyc has to use live video in my opinion it's very difficult to manipulate and one way maybe is to hire the services of people because it's currently a trend, and yesterday I also for the first time tried to use a service because Kyc conditions were quite difficult, i should have a passport and because I never made it at all so it was difficult to make it, better for me to use a services.
It depends on the platform in question. whether to actually check the ID sent or just datal. Many people (my Facebook friends) do KYC with the data they get on google. And they passed the KYC stage, I'm just wondering. That means the platform is not serious about KYC.
It is still fair, and if you are going to ask me why? Then the best answer to it is, you should gather your own resources to defeat the KYC then your problem is solve.
The same to those people who were able to successfully defeat the KYC process, they gather their own resources in order to defeat it even if we will say that they are cheating
but still they work hard for it. For us who have no resources, what we can do is to submit our real KYC data but if you don't like to submit your KYC then no one will force you.
The same to those people who were able to successfully defeat the KYC process, they gather their own resources in order to defeat it even if we will say that they are cheating
but still they work hard for it. For us who have no resources, what we can do is to submit our real KYC data but if you don't like to submit your KYC then no one will force you.
I several times use fake documents to go to the bounty company, just took a photo of my passport and in photoshop carefully changed the data, first name and last name and different numbers, so that the scammers have only my face.
We need a third party for KYC processes, a reputable company that will verify identities on most of the websites where ID verification is needed. Because it is absurd to give sensitive information to not reputable start-ups and new exchanges. 
I support KYC for legitimacy check especially to claim bounty rewards or required by such exchanges but it's also bit a risky hence that's your identity that could also can be used by other people online if they have access to your submitted documents just like what happened to Binance kyc leaks incident. In order not to fall from this KYC process, it is best to filter airdrop and bounty campaigns that doesn't requires identity checks.
Asking for KYC also isn't fair. What some exchanges like bittrex did with their KYC wasn't fair. They simply added KYC one day and if you had an account with them you were no longer able to withdraw your money unless you did KYC.
Taking clients money hostage and making them go comply with KYC rules is unfair.
Taking clients money hostage and making them go comply with KYC rules is unfair.
Same did crex24 exchange. You cant withdraw anything without passing KYC, but you can deposit anything without passing KYC he-he.
They did not hostage users funds, they announced one month before about obligatory to pass KYC. I think is enough time to move funds to other exchange, find and create online wallets or order and receive a hardware wallet.
In case you dont want to pass KYC - sell your exchange account together with an email. Maybe this will be a way out to get some funds back.
Asking for KYC also isn't fair. What some exchanges like bittrex did with their KYC wasn't fair. They simply added KYC one day and if you had an account with them you were no longer able to withdraw your money unless you did KYC.
Taking clients money hostage and making them go comply with KYC rules is unfair.
Taking clients money hostage and making them go comply with KYC rules is unfair.
Each user had received an email that Bittrex will introduce KYC. You have had 14 days to do so or withdraw your funds.
All the major exchange will ask for KYC due to legal regulations. If you want to cash out in FIAT there will be not many options left in the future.
Yep it's not fair when someone pass the kyc using their fake ID. Seems the team were not verifying it whether is a fake or not. Better not to join a bounty that needs KYC, risky you know exposing your information to unknown person. We really don't know if they use it to scam people.
Asking for KYC also isn't fair. What some exchanges like bittrex did with their KYC wasn't fair. They simply added KYC one day and if you had an account with them you were no longer able to withdraw your money unless you did KYC.
Taking clients money hostage and making them go comply with KYC rules is unfair.
I wouldn't send a fake ID but I also wouldn't use a KYC exchange.
But come to think of it, why bother with a project you don't want to send your ID card to if sending them is a prerequisite to get your tokens or reward. I believe that it's ideal if you ain't going to do KYC for a project just stay clear off them
I think I will go with KYC for top exchanges but for me to submit my details for kyc for an airdrop that will worth little or nothing, I will rather not do the Airdrop and majority of this projects requesting for KYC end up not doing very well as I have noticed
I think I have only sent information to a project and all they want is an email address and a jpeg of my ID. I actually am aware that KYC is important for companies and not just any company, but a legitimate company that is regulated by our government agencies, and this project was from that company who is entering crypto. That was many years ago, and after I was told by many crypto enthusiasts at that time for me to give fake info, it was too late, I gave them an old drivers license. Old model and obsolete design. Since then I do not join any KYC anymore.
Yep it's not fair when someone pass the kyc using their fake ID. Seems the team were not verifying it whether is a fake or not. Better not to join a bounty that needs KYC, risky you know exposing your information to unknown person. We really don't know if they use it to scam people.
I think it's best not to join such a company because they may just sell your data on other sites and you may not make money in this campaign.I prefer not doing KYC at all instead of using fake identity, someone has that fake picture you used, it's like putting him or her at risk for saving your own ass, that's not something a good person should do
Unfortunately we do not have the same way of thinking from these scammers. They only want to steal money from these companies. I am sometimes mindblown when 1 person gets to receive multiple rewards even though KYC was implemented. It is as clear as the day that the scammer have used fake IDs. I highly prefer a KYC were you are required to put a date and a picture of thyself holding the identification card. When I have free time, I usually check where the rewards I got from then checks out the other participants and noticed that most of the distributed rewards are being held into a single wallet coming from multiple wallets. It is fun to track wallets.
It is very difficult to determine who is joining KYC process with fake ID or who is joining with real ID. Those who fill out the KYC with the wrong ID need to be identified very quickly. I think the KYC process is very difficult in many bounties which is very difficult for us to fulfill.
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