Topic: Sending in fake ID for KYC - page 54. (Read 89364 times)
Indeed the system itself is quite troublesome and KYC are certainly at risk. many of the problems will surely occur like abuse of identity by a third party. If indeed many are not caught during then faked of course is not a problem. However if caught cheating then it certainly will bring new problems.
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.
One of the main reasons why Cryptocurrencies is famous and preferred is the fact that it provides anonymity. the documents such as passport and ID, required during verification already goes against one of the integral features of the trading platform,However sending fake ID for KYC seems to be a loophole hackers are exploiting. it also leave s a big concern of=n the security of the users accounts,
I share the same worry, KYC might be the blueprint for the fall of crypto currency.
One of the main reasons why Cryptocurrencies is famous and preferred is the fact that it provides anonymity. the documents such as passport and ID, required during verification already goes against one of the integral features of the trading platform,However sending fake ID for KYC seems to be a loophole hackers are exploiting. it also leave s a big concern of=n the security of the users accounts,
I share the same worry, KYC might be the blueprint for the fall of crypto currency.
I firmly believe that Know Your Customer isn´t a suitable process for many cryptocurrencies. These don´t own the righs of securities and must not require of that approach.
I think that is very inappropriate that you deceived other people just to have get what you need. sending fake IDs gives them a impression that you are a bad people and doing illegal things.
What were you expecting? You think somebody would just reveal his identity for stipends! People are in cryptocurrency because they are trying to avoid this kind of situation and unfortunately for many, some how project are demanding kyc that people are runinng away from!
Fake IDs it`s a simple lie. KYC is needed to Know Your Cosstumer, and you will know Your Fake, lol. But this is the matter of self security
It's true, most people send other people's documents, so I do not see any sense in KYC at all. Forging documents is very easy, anyone can do it with Photoshop.
That's why for the silly purpose we don't provide KYC to strangers. If you do not apply with your KYC someone will use your info and apply. this is possible in the digital world our personal info will get it on our social media accounts including pics. there is a big value for personal info in dark web. I think to check our KYC is fake or not they must take permission from our government, So if you send fake ID they maybe can't find you.
Having KYC requirements make a little sense by avoiding having multiple accounts. It is hard sometimes to get all the requirements needed to get verified especially in IDs, some ICO's want passport ID to be used which I think is too much especially for those who haven't gotten any passport ID that's why they fake it.
It's true, most people send other people's documents, so I do not see any sense in KYC at all. Forging documents is very easy, anyone can do it with Photoshop.
Plenty of people are sending in fake ID's - some are buying them ($50 ish), or getting them public records, etc. It's dodgy sending in your personal data to companies you don't know. You wouldn't hand over your PIN number on your debit card, right?
this is a controversial issue, as probably many people thought about it. but, on the other hand, it will quickly become clear, and besides it is necessary to do selfie. however, this procedure is generally not safe, because you can use your data for criminal purposes.
I agree what you say, the company that receives the KYC should be careful to check the incoming identity data, because if it is still like that, it is unfair to the person sending the real data.
But most of these ico companies can't... they do not have access to official databases. They are not authorized to do anything, they can check up your name against the public data that's available.
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
Those people are not at fault because most people are scared of exposing their identity.
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.
NOT FAIR.
Unfortunately, we can not control this process. As much as we do not like, but everything is on the conscience of the project managers. I think that this will not continue for a long time. More and more control over the implementation of ICO by the government. I do not think that some developers just simple collect our data ..
Some people do that to make their identity is safe
But it's cheating
Now i need to think before do KYC on some website
If i feel safe to KYC i will do that
But it's cheating
Now i need to think before do KYC on some website
If i feel safe to KYC i will do that
Because there is no fair third-party verification procedure.
Therefore, these problems still exist. Most of the time, it is difficult for the project team to verify the authenticity of the data.
Therefore, these problems still exist. Most of the time, it is difficult for the project team to verify the authenticity of the data.
I send my true data with kyc.. i think it’s very risky to send fake data because you Can be banned by campaign And won’t be payed
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