Fueling a Black Market for Fake ID is Crowdsale KYC – Bitcoints

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Published on July 12th, 2018 | by bitcoin

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Fueling a Black Market for Fake ID is Crowdsale KYC

Fueling a Black Market for Fake ID is Crowdsale KYCGiven the hazards, it’s understandable that some ICO investors have resorted to buying fake ID.
Also read: A BCH Fueled Version of Patreon is Coming This August
KYC Has Created a Thriving Black Market for Fake IDs
Buying fake ID is a rite of passage for teenagers desiring to be sold alcohol.
But a new market for fake ID has sprung up on the web, whose buyers crave nothing more illicit than admittance to the latest crowdsale.
A typical Telegram message offering fake ID Dedicated Telegram channels specialize in the buying and selling of fake IDs, complete with all the tools an investor needs to pass crowdsale KYC: passport scan, selfie, scanned bank statement; the works.
Given these hazards, purchasing a fake ID to pass KYC seems like the lesser of two evils.

Source: News.bitcoin.com

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