Topic: Sending in fake ID for KYC - page 67. (Read 89364 times)

I think people are aware of the risks, they just value privacy and would rather not send in their real verifications for that purpose.

Sending in fake identification information might end up in a disaster if there is a dispute between you and the exchange and if you already forwarded a fake document ,then they have all the rights to freeze your assets and the risk is too high to play games like that if you are having serious amount of coins saved in those exchanges,so think twice before anyone thinking about doing these dubious activities.

ICOS need to understand we are not going to tolerate this, they need to see that two similar projects get two different amounts of money, those that ask for KYC gets less amount of funding than a similar project that does not ask for this information, only if that happens the developers will try to find ways to avoid their investors to go through KYC.

Actually, I sent in real passport for those ICOs like Napoleon X. Now they are supposedly reputable ICOs but yes, I do not know what they might do with that kind of information. I should be more careful next time. I am glad that most of ICOs, as long as the amount is small, do not require KYC though. But I also wonder what they can do with my passport. Can they actually fake a passport based on the information? I also do wonder where they store all that data and other personal information.

But what if those ICO's system had been hack? To think if that will happen they just enclosed it with the public to avoid chaos? And you being relax didn't know that your name was use in dirty act. Nah, I'm not against in any KYC as I know that it just want to  protect our investment but the fact that our identity can be disclosed to anyone in any time is just so bothering.

I think it's difficult to identify the fake one unless the KYC asking about 3 identifications in minimum and also a bank statement. There's always a risk in both side. Fake KYC could frozen your account and True KYC could stolen your identity.  How to avoid it? it's all up to your judgments.

I think these KYC stuffed should be boycotts and let the cryptocurrency community put an end to this once and for all!  Why should anyone reasonably get comfy with your ID in the hand of total stranger.

For now we all need to follow KYC, we need to find a legit team that will not risk our identity. I mean if in bounties find a trusted manager that we used to join with and guaranteed us that selling will not happen. Same with the company you'll now eventually if they're not true to their wors anyway. Don't do deceiving as much as possible.

The KYC process became a requirement prior to receiving your token payment in a bounty campaign.  This is to know their clients but I found this process against the real purpose of cryptocurrency anonymity. Considering the fact that even the bitcoin forum do not compulsory required to put your real name, address and personal identification and looking on the aspect that we do not even know the real identity of the bitcoin creator other than its screen name.  Because of this matter, maybe this is the reason why some bitcoiners choose to create a fake IDs and identities to protect their individual privacy just to comply to the KYC method and be able to get their respective earnings.  On the other hand, there are also some bitcoiners who are obedience and just follow and reveal their true identity and give their real documents. 

The gray side about this matter is there is no specific law determining what will be the consequences or punishment of passing fake identifications and what will be the benefit or protection received by those obedient bitcoiner who obeyed to put their real identification in risk. This is the matter that the KYC implementer must see and deal with because at present, KYC process do not reach their real goal of identifying their customers. 

If you want to have your privacy be protected while doing KYCs you should do this,fake IDs and informations wont harm your privacy even if these people has sold your IDs in the deepweb you can still be safe because you know to yourself that your informations are still secured,do not trust anyone with your IDs because it could use into something illegally.

As long as you are following the promising ico with good guys behind the project and your ID will still safe dude. Not sure about that but i guess some people are trying to fool the developer with Blank identity and then try to edit it using photoshop. It looks like the majority of people are avoiding to send their real data to the developer. But if they can't fool them and then they will send real data to the developer. You can't get any fake KYC data.

Might be a good idea because if these people who are doing KYCs will sell our IDs and information we will still be safe because we have sent fake IDs and our real informations wouldnt leak to the public,because we wont know how these people will use our IDs and it could be use to some illegal activities online that is why we need some protection with these KYCs.

Very good option if you really dont want your privacy be compromised you can also do this for your own safety,because i have heard people's ID was sold to the darkweb so just to be safe you can do this,because you will never know when will these people doing KYCs will sell your informations for the sake of the money.

I tend not to trust people in general. If you are really sure that fake documents have gone through for the registration process, then there is no doubt that they simply collect our personal data.

One case is when ICO manager said that all participants must follow KYC. You can chose take part in such ICO or not. But a lot of ICOs introduce KYC for investors when they already sent money and for bounty hunters when ICO is ended. How somebody can said that sending illegal documents is no fair?

This is why you sometimes see people submit the same id and get rejected from the ico.
They are all buying the same set of id's.

It's becoming a hot topic now, two years ago this has not existed, I will not do a KYC thing even if the project is good I can easily buy those coins when it hit the market, so why participate in a KYC you are selling your protection once you do KYC.

It is the wisest idea that you could ever do so that your privacy wont be compromised because you wont know when will these people start selling off our IDs,sending fake ones would be enough to secure our privacy in the future.Its better to prevent than to cure,we shouldnt be trusting anyone except ourselves this is a very good move!

I'm avoiding those ICO that needs KYC it's very hard for me to show it on public coz they will know your identity and im sure in the future they will get information about you.

I never thought to try it before. But now it makes sense. The squadrons do not have the time to examine and verify each KYC individually. And by doing so, you will be able to get the money from the desired distribution.