Quote from: imstillthebest on October 12, 2019, 06:56:52 PM

Quote from: MFahad on October 12, 2019, 06:39:30 PM

You might escape with it on some sites but those who are good can re-check your identity. Ever heard of audit being done in companies ?
The same can be done in the crypto related sites too and if you are got caught, a legal action can be taken against you along with fine and if none of this is possible, even then the site has a valid excuse to eat up your money.

gee that is scary . i would have suggesting that before to others that wants to bypass kyc but after knowing that the consequences of being caught is too severe ,i think im not going to suggest it with anyone else . if they are asking for kyc its better if we will do it honestly as long as if your also agreing on thier rules and the risk that you can get . you can also reject them if you feel unsure if what are you going to enter . better safe than sorry

So basically you are left with two options, either to reject the kyc and leave the site Or do a proper legit kyc.
Doing the fake kyc may benefit in the short term as your identity remains hidden but it can be a pain in the ass type thing in the long run, can only bring you trouble.