Post
Topic
Board Altcoin Discussion
Re: Sending in fake ID for KYC
by
nadbucs
on 23/06/2018, 16:22:55 UTC
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.

Yes due to KYC requirements some people knows how play also. Providing fake ID is the way for them to keep their real identity. Why worry about being fair of other doing so since it is up to the dev team how they can trace valid IDs. If you feel unfair then don't participate ICOs asking fir KYC then.