There are a lot of projects that need an KYC of course it is a good idea also to protect their project so that they will know who's dealing with them.But there are some projects that starting from beginning they don't have an KYC required but when it come to the time that they need to distribute the stakes of bounty hunters they are asking for KYC,if the bounty hunter can not comply this where is their stake goes?if the project require an KYC they must announce it from the beginning not in distribution time.
Its all depends on your situation and the bounty's policy sometimes its just and sometimes its not. If that situation happens, its clear that the project doesnt want you to claim whatever your part on their holdings. Even we dont like this kind of crime, we still cant sue them because of the anonimity. The only thing we can do is to inform others and take that as a lesson.