KYC for crowdsales was meant to add oversight and legitimacy to a largely unregulated space. Instead it’s left investors susceptible to data breaches, identity theft and blackmail. Given the hazards, it’s understandable that some ICO investors have resorted to buying fake ID.
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https://news.bitcoin.com/crowdsale-kyc-is-fueling-a-black-market-for-fake-id/
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I'll stick by my favourite saying "KYC is not for me"
You want your identity stolen then fill in all the KYC's and see what happens
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