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Re: A KYC database sold on the Darkweb ?
by
Snaic
on 02/02/2019, 04:57:33 UTC
it's something scary, now KYC can also be hacked, I really don't think the darkweb site is really dangerous

No, dark web is a really dangerous site. There are a lot of illegal things that are ongoing there and anyone who gets there can get involve in crimes. Now, this proves a lot of things about KYC. It is not good and it is not safe. As a bounty hunter, we should not deal with KYCs anymore because of the risks.
For bounty hunters, checking KYC has always been and remains illegal, because the task of KYC is to prevent the laundering of dirty money. We do not deposit any of our money in ICO projects and therefore should not undergo such testing. The KYC check is carried out at the end of the ICO, because the ICO team does not want to pay as much as possible to the bounty hunters we earned tokens.
KYC verification is only advisable for large investors in ICO projects and large traders on the exchange.