I just received an email in my junk folder that appears to be from Utrust, but I'm not sure if it's authentic or not. It's regarding the upcoming ICO and how Utrust will be conducting it according to strict KYC rules. It says that if you contribute to the ICO you will have to verify your identity by sending in "proof of ID and proof of address" before you can receive your tokens.
Can you guys confirm that this was sent by the actual Utrust team and not a scammer.
Thanks!
Well, som ICOs actually started to use that format, like bitindia for example, mostly because regulators would come and start making a mess, in some cases they even freeze the bank account of the funds, so the KYC becomes important, depending on which country the ICO is based, though I haven't received anything from utrust, I can't know for sure, you will have to just bookmark the webpage and wait for it to know.