Ofcourse it's a total cheat.
I did a bounty, got the stake through  bountyhives and after the token has been received after a couple of month's,  we were told to complete kyc as there's going to be a total swap of old token to the new one's. And this wasn't stated in the start of the project, bounty. This is a total breach of contract between the developer and the bounty hunters and this must be attended to swiftly.