Post
Topic
Board Legal
Re: ICOs asking for passport...is it safe?
by
ccris0637
on 08/02/2018, 18:22:27 UTC
Hi guys, as many of you already know, many ICOs are asking for passport verification. Is it safe to give pictures of your passport to groups we don't even know well, I mean there is something called passport misuse and identity theft or even using you passport for loans! It is concerning.
Most ICO now are requiring those kinds of document for identity purpose in requirements to KYC and AML regulations than had been implied lately by certain organizations. I think it is safe as long as you are into participation of legit ICO's it would just be as safe as when you pass your personal documents to HR department when applying a job or to bank when openning a bank account.