Topic: Well done KYC. - page 7. (Read 1857 times)

Good thing that he was dumb and a fool on making up those deposits into his account, because if it doesnt then this case would remain unresolved and thats really that a sad thing specially into the family of that poor kid on which this will really be no justice on this case. It is really just that right that he had lost up his brain and well thinking on that point on which this is the main reason on why he had made himself get caught.
Its true that whenever centralized platforms are involved and you have already submitted KYC then expect that every information in related into you is already known and exposed. There's no way that you could be able to hide yourself. Yes, you can run but you cant hide forever and in regarding into this situation then it is really just that a good thing that he was fool enough.

People do sees up KYC to be a bad thing but just like we do all know that it does have its positive effects or things that could bring out on which same on this case then crimes could really be solved out
on the moment that such crucial informations would really be known and this is really that something important. It is really just that this community is really that highly against KYC
and thats why they dont really that prefer it out but on cases or situations like this then it is really something important.

And they deserve that. They think that they can escape with these crimes that they did and so, getting caught with their mistake is what they deserve to have. And in some cultures, getting behind the bars won't be their punishment. If you're aware of the cultural or tribal rules about "an eye for an eye, a tooth for a tooth". That's how it goes for them but on this case, let the due process go with the case but it's for sure that the law wil be on the side of the families victim, 100%.

Most people don't like KYC but we see it on this case, as a special one that the investigation and the casino that have implemented their rules helped in finding the criminal.

This is sad. Let the karma and fate be the one to move on them and just like what happened to this criminal, their time will come and judgment will be upon them as well in their own surprising ways.

Wicked people doesn't actually deserve to go unfurnished and most times, because of their desperation and wicked heart, they tend to lose their brian. If he was in his right senses, he would know that his account can be reported and tracked because the bookie is regulated. Sometimes, KYC can be of good importance because of this kind of situations.

History? or story? But even if it was history it can still be valid as I think the same story or scenario have already happened in the past. It is said that the criminal uploaded his ID number due to desperation but he also lacks in patience there. I won't call it nonsense but it was like a dumb move. If he only calms down he will realize that the account was not initially registered to him, so the documents that will be passed won't match to the previously submitted but he can still ask them to the victim's mother.

There might be a reason on why it happened and it must be to give justice for the girl that got killed. It was a good thing though. Criminals should face that kind of charge you mentioned there, so that others will now think twice before they do a crime. I say that because our law is still not good enough and even the toughest criminals can still get out easily.

I believe that many of us already know the importance of a KYC, just like the basic one or it can act to prevent the money launderers. For those who don't know it yet, they are mainly the ones who can think that it was only an added hassle and kills their privacy but maybe among them are also the criminals.

He must’ve been out of his mind. He probably did it to avoid being traced, especially since they were friends and even fellow church members. You really can’t tell who’s good these days because even those who regularly go to church can still commit heinous crimes.


The fact that he killed a friend at just 23 years old shows he wasn’t thinking straight anymore. It didn’t even cross his mind that if he complied with KYC, he’d be linked to the source of the money, which was ransom money. His judgment was completely off.

I don't think there is a murder case in the new recent era but this is crazy I mean he murdered and asked for ransom when the girl already died  this is beyond insane.

And I quite agree with you most gambler heck most people don't like KYC at all whether this for gambling or other thing like registration in Centralized Exchange too. But after look at this case I just say as same as you "Well Done KYC" I do believe that this gambler already addicted and have a huge debt to repay that is why I always tell people to not gamble outside their gambling limit.

When I saw this news on the internet and over social media, I was glad he was caught and obviously, it was through the help of KYC. Crazy things are happening in the world and people want to get rich quickly at a tender age. Still, that doesn't call for bloodshed and kidnapping. However, this is a global problem, it's not seen in the African countries alone. Yesterday in North London a 15-year-old boy was stabbed to death too. I don't know why the young ones are being victims of these incidents. My question do they look more like prey to serial killers and ambitious criminals or teenagers are in pursuit of things they are enticed with outside and with the act they fall victim to serial killers?

Oh My it's so pathetic, I feel so much for the innocent girl and the mother thinking after paying the ransom her daughter would be released to her only for the culprit to be so wicked and heartless but ThankGod for KYC tho, that means was even faster to trace him up and apprehend him.So I honestly agree with the idea of KYC verification and I know that alot of person's trying to protect their funds they opt out to carry on such KYC requirements to be on a safer side but it does alot of good you know seeing how it has caught up some mischievous acts and also it's in this same vein that some Casinos ban done accounts that don't undergo KYC verification cause it's giving them the mindset that such person is undergoing fraud or anything close to that we really need to keep up this I must say.

Well, the criminals always make some kind of mistake and that mistake makes them go behind the bars. Most often such criminals hide themselves from police and such authorities for sometime but in the end they most probably get behind the bars.

In the mentioned case the criminal get arrested due to a casino that made KYC mandatory for the gambler or you can say the criminal, and in this case the KYC was actually not a bad thing that most people think it is. However, there are millions of such criminals moving freely without any fears even after doing murders and similar nature crimes.

I agree with you that our private or security information should be kept safe but I don't see anything wrong using it for kyc on gambling site. I think the gambling site should be able to keep our information safe.

No doubt that gambling account can be used for fraudulent activities just as you have described, but you should also know that most gambling account are attached to their original names. Meaning that as the person is paying money to that gambling account, the real identity will appear. But I guess in this case that was not the problem. The account was anonymous until a huge amount was paid and it wast clamp down to by force him to do his kyc for the real name to appear.

I'm just happy the kidnapper was finally apprehended due to the quest of kyc in his gambling site. If the casino was not smart enough to have done this, the site would have been used as a passage or gateway of criminal to execute there negative plans.

F
This thread is unrelated to cryptocurrency, and hard it been that the criminal have chosen to receive the said ransom with cryptocurrency most especially privacy coins, it could have been impossible for him to get traced, but he chooses to use fiat through a casino, which is somewhat stupid of the criminal and a show of how ignorant he is thinking because the money was sent to his gambling account he can't be traced.


Sad thing is that he murdered the victims 😭😭, but good thing he gets caught, and I believe he gets killed for this crime, I wondered why humans can go to the learnt just for the sake of money and the wicked actor even collected a ransom after killing the victim feels so sad.

Indeed the criminal was completely ignorant  of the fact that he was putting himself to risk the moment he conceive the idea of first kidnapping and secondly trying to use a gambling platform that requires KYC. Well it show how novice and ignorant he was but this could  also apply for someone without the good knowledge of using crypto, they might end up using a non custodian wallet and then to their exchange which is likely  very tracable. This story explains  the importance of KYC in our system. Had it been he made of of non KYC required gambling platform, it would have been really easy to get  away with, but KYC limited his chances  of getting away. Again, KYC helps in preventing under aged children from accessing gamble.  It's no new that, 18+ year is the minimum required age for gambling, and if all gambling platforms require  KYC, the chances of children getting access to gamble would be limited drastically.

The disadvantage of KYC is that if the gamblers of those countries that tax gambling have done KYC, then their personal documents are recorded in the government documents, so if you participate in gambling, you must participate in gambling by paying taxes.
But if KYC is not done then his document is completely confidential so he does not pay tax if he participates and his name is not included in government records. However, if a gambler is involved in criminal activities, KYC can be an important means of identifying the gambler through his personal documents.

Horrific.  
But then, we see how justice and fate works from these people that have done a crime. That suspect deserves what he's going to get behind the bars. I'm sure that there's the other type of "justice" behind that bars once that person is inside of it.

It is a choice and even now not until they force you to comply about it. Otherwise, you're not able to move on with your account anymore, limited options and more likely won't be able to withdraw your money.

He had just put himself into a trap but good thing on what he did because if he had that asked for crypto form kind of ransom then there's no way that could be traced up. He might not be having any options
on which where the money should be transferred on, and this is why he had decided that he would be making use of his gambling account on which he do believe that he could easily pulled or withdraw the money with ease and without even trying out to realize that these platforms could be able to held up those funds or would be luck according into their discretion. If there would really be some complaints directly
that be known about such incident or crime then they would really be always have that immediate action. Tracing up everything on the information that had been provided.

We do know that most platforms now are asking KYC and if it turns out that the account is verified then informations would be leaked. If you have dome something stupid then
its not that hard to get you caught specially you have committed up a murder then you cant able to hide forever even if you do able to take those funds out.
Once information is exposed or leaked then its over for you. Just like been said above that this guy is indeed a dumb one but good thing that he's dumb to make this case solved.

This is the actual reason I don’t believe people who always blame crypto as an only supportive means where anyone can steal money etc, clearly seeing the criminal in question had another choice so it could be any source. The criminal is evil besides he murdered the victim and wanted the money in return. I have always seen KYC casinos as a choice not forceful, sharing personal details is not so bad if only they can secure those details because I have seen a lot of people complain KYC casinos revealing their details etc but, in situations like this the casino did an excellent job.

This is the positive effect from KYC because if the murderer didn't upload his personal information to the gambling sites probably the police still working hard to solve this case but indeed the murderer is dumb because he thought using betting account to keep the money will be untraceable but in fact this makes it easier for the police to identify the suspect and i can finally see that KYC is being put to good use

I feel sorry about this incident and i am sure the mother will be very sad but regardless all of this thing i think some people still dislike and against KYC for gambling sites this because they were fear their personal information will be used for bad thing or the players want to stay anonymous besides that not all online casinos will do the same thing just like them when they can help the police to revealed the case

There's always side of a coin on which it could neither be good and bad. People do really only focusing into its cons or negative things and thats why whenever we do mentioned out "KYC" then this is highly frowned upon on crypto space on which we do really give out importance on anonymity and privacy but of course it will really be having that cons or negative too on which whenever a crime happens or whatever unethical activity or scene then there's no way that you be able to trace it out, and  this is where KYC would really be the ones who would be solving out those kind of potential problems and just like on what situation that we've seen in OP on which this really serves out its one of the purpose. This market is gradually that being trying out to integrate KYC specially into these type of business on which it does involved money then you do expect that government would really be trying out to regulate them as much as they could.

Going back into the situation where its really that sad that there are innocent souls that been wasted because of others peoples vices and addiction on which similar into this one.
Even her parents give the ransom money but still ending up on getting killed with that psycho. Good thing that this one had been caught and should be rotten inside the jail.
Gambling addiction could really be that push you into those things that you cant even think that it could possibly happen.

I believe there are always the good and the bad side of everything and  KYC is not left out of this, the more reason why KYC is mostly needed is for security purpose, if you ask any firm requesting for such, that is the first response they will tell you and it has worked so far  for them. I remembered calling my bank for some reasons and the first question I was asked for details relating to my account for confirmation and when I asked I was told it was for security reasons that anybody could call them to wanting to inquire about anything and sometimes maybe one could be under attack to do such and they could easily be able to know and track the call for the persons safety as well if it relates to kidnap or something that could need their urgent response.

It is just that people are afraid of identity leaks as a result of the carelessness of some firms handling such. For instance, the hacks of customer details from data base some times is what people are not comfortable with. Peoples information gotten from organizations data base sometimes are used against them and when that happens their reputation is at stake and these are the reasons why many do not welcome the idea of KYC.

It's true that inasmuch as people gamblers don't like to use a KYC Casino for gambling due to reasons best known to them, on the other hand, casinos been a regulated entity are forced to implement it to regulate crime due to the high rate of internet fraud and kidnapping, hence, that's why we shouldn't always blame casinos when KYC is been asked, as they are just trying to maintain balance between gamblers and law enforcement agencies. Because imagine if he had not undergone KYC on that casino, that's her the innocent lady would have died and not get justice. So in conclusion, I will really like to advise us all that inasmuch as we have few casinos that are KYC free this days, let's not abuse the use of such privilege.