Binance/bybit identity fraud

[mrstacking]

I got to know from someone that they made a kyc verified binance/bybit using fake ids? Thought it isn’t possible, is it possible or the person is lying? Just looking for the answer to the possibility, nothing illegal

 

[bet3652025]

Yes people can use fake ids to create accounts

 

[DanjoeT]

I got to know from someone that they made a kyc verified binance/bybit using fake ids? Thought it isn’t possible, is it possible or the person is lying? Just looking for the answer to the possibility, nothing illegal

yes, it is possible but they usually do not last before they ban them. because it is very difficult to do it, just few people have successfully done it so no worries.

 

[QuantumService]

Yes, possible

 

[Lucas Agency]

Pretty sure its possible, but if they request more verification the account will most likely be banned.

 

[bulkpanelshop]

"Black" money will get banned anyway. Only makes sense if they’re doing legal stuff.

 

[mohammed2]

Large platforms like Binance and Bybit typically rely on sophisticated and rigorous verification procedures, making it unlikely that identity verification using fake IDs will occur except in very rare cases or due to system vulnerabilities.

If the person telling you this is trustworthy, they may have had a unique experience or may actually be describing a rare occurrence.

 

[Bighomie827]

Anythings possible in this day and age!