I have seen evidence of some scams being run under the guise of KYC in order to gain your passport and government issued id's. Be careful out there and remember that a lot of these coins end up being scams. Do you really want them having your passport/photo identification? This is how people fall victim of identity fraud so please think before sending your information in.
i agree and in addiotion, not just because an ico company is asking for kyc does not really mean that they are not scam. Because sometimes there are people that view all ico's that asking kyc's legit. It is really scary to give your personal information because they can use that on illegal things. Be careful people, make sure you do your research before submitting any kyc to any company out there.