To my understanding, KYC simply means "Know your customer". Investors(customers) who participate in ICO are made to go through KYC process before they are even allowed to purchase their tokens. On the other hand, Bounty hunters are just "part time workers" of the project and not customers. Even if they will be made to go through a KYC process, it should be before they start working and not after. Waiting for them to finish working for the project and refusing to pay them because they failed to pass KYC afterwards is a total cheat.
according to my understanding of KYC is an appropriate action to avoid fraud and lies in every ICO and bounty campaign...
then there is no fraud committed by ICO developers in setting KYC as a participant requirement...
but fraud occurs when they do not pay for our work.