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5 KYC Fail Points That Still Pass Most Audits
Everyone assumes KYC = Trust.
Here are five KYC failures I’ve seen repeatedly
1. Old or AI-Altered Selfies Pass Manual Review
Users submit ID that matches, but the selfie is outdated or manipulated.
Some pass using AI-enhanced or deepfaked images, especially on rushed manual checks.
Why this fails: Human fatigue, lack of facial recognition calibration.
If your system doesn’t flag visual age gaps or manipulated metadata, you’re running blind.
2. Rented or Recycled Phone Numbers Still Get Verified
SMS-based KYC gets bypassed by rented phone services (e.g., onlineSMS, disposable SIMs).
A single number can be used to pass 10+ KYC checks across platforms.
Looks legit. Isn’t. No link to a real user. Just a bypass node.
3. Residential Proxy IPs Mask Location
VPNs are easy to flag. Residential proxies are not.
Fraudsters use these to mimic local IP behavior and bypass geo-blocks.
You're not onboarding someone in France. You're onboarding a script with a lease to a dead connection.
4. "Trading Profits" as Source of Funds (SoF)
SoF dropdowns are often gamed. “Trading profits” becomes the default cover for OTC deals, mixer withdrawals, or off-ramped illicit funds.
No one checks beyond the form.
A SoF field is only as good as the questions that follow it.
5. Multiple Users Behind a Shared Custodian Wallet
Some platforms KYC one user—then onboard multiple actors via a shared wallet service or business entity.
You don’t have a verified user. You have a shared vessel.
Final Thought:
These gaps don’t appear in dashboards. They happen in pattern behavior, not profile data.
KYC doesn’t mean a user is safe.
It just means they passed the entry quiz.
#CryptoCompliance #kyc #DueDiligence $USDT $USDC
Here are five KYC failures I’ve seen repeatedly
1. Old or AI-Altered Selfies Pass Manual Review
Users submit ID that matches, but the selfie is outdated or manipulated.
Some pass using AI-enhanced or deepfaked images, especially on rushed manual checks.
Why this fails: Human fatigue, lack of facial recognition calibration.
If your system doesn’t flag visual age gaps or manipulated metadata, you’re running blind.
2. Rented or Recycled Phone Numbers Still Get Verified
SMS-based KYC gets bypassed by rented phone services (e.g., onlineSMS, disposable SIMs).
A single number can be used to pass 10+ KYC checks across platforms.
Looks legit. Isn’t. No link to a real user. Just a bypass node.
3. Residential Proxy IPs Mask Location
VPNs are easy to flag. Residential proxies are not.
Fraudsters use these to mimic local IP behavior and bypass geo-blocks.
You're not onboarding someone in France. You're onboarding a script with a lease to a dead connection.
4. "Trading Profits" as Source of Funds (SoF)
SoF dropdowns are often gamed. “Trading profits” becomes the default cover for OTC deals, mixer withdrawals, or off-ramped illicit funds.
No one checks beyond the form.
A SoF field is only as good as the questions that follow it.
5. Multiple Users Behind a Shared Custodian Wallet
Some platforms KYC one user—then onboard multiple actors via a shared wallet service or business entity.
You don’t have a verified user. You have a shared vessel.
Final Thought:
These gaps don’t appear in dashboards. They happen in pattern behavior, not profile data.
KYC doesn’t mean a user is safe.
It just means they passed the entry quiz.
#CryptoCompliance #kyc #DueDiligence $USDT $USDC
As an investor who’s seen it all, let me tell you always trust the process, but never ignore the warning signs.
We’ve all chased those “too good to be true” returns and sometimes, the easy money hides a trap. The latest delay saga—96 hours, then 168, and now 360 hours—this isn’t just inconvenient, it’s a red flag! This type of behavior isn’t just bad business, it’s a scam in disguise. Stay vigilant, friends. Whether you’re in crypto, NFTs, or any investment, be wary of projects with no transparency. Trust actions, not promises.
#SCAMalert #InvestorLife #DueDiligence
We’ve all chased those “too good to be true” returns and sometimes, the easy money hides a trap. The latest delay saga—96 hours, then 168, and now 360 hours—this isn’t just inconvenient, it’s a red flag! This type of behavior isn’t just bad business, it’s a scam in disguise. Stay vigilant, friends. Whether you’re in crypto, NFTs, or any investment, be wary of projects with no transparency. Trust actions, not promises.
#SCAMalert #InvestorLife #DueDiligence
#FollowTheLeadTrader
'Followtheleadtrader' refers to platforms that enable users to automatically replicate the trades of experienced investors, allowing them to benefit from the expertise of seasoned traders without actively managing their own trades. For instance, Copyleadtrader offers such a service, allowing users to copy top investors' moves in real time.
However, it's essential to exercise caution when following trades blindly, as not all lead traders may have genuine intentions or proven track records. The SEC has previously taken action against fraudulent schemes led by so-called 'lead traders'.
Therefore, while platforms like Copyleadtrader can provide opportunities to learn and potentially profit, it's crucial to conduct thorough research and due diligence before copying any trader's strategies.
#CopyTrading #InvestSmart #LeadTraders #FinancialSafety #DueDiligence
'Followtheleadtrader' refers to platforms that enable users to automatically replicate the trades of experienced investors, allowing them to benefit from the expertise of seasoned traders without actively managing their own trades. For instance, Copyleadtrader offers such a service, allowing users to copy top investors' moves in real time.
However, it's essential to exercise caution when following trades blindly, as not all lead traders may have genuine intentions or proven track records. The SEC has previously taken action against fraudulent schemes led by so-called 'lead traders'.
Therefore, while platforms like Copyleadtrader can provide opportunities to learn and potentially profit, it's crucial to conduct thorough research and due diligence before copying any trader's strategies.
#CopyTrading #InvestSmart #LeadTraders #FinancialSafety #DueDiligence
As an investor who’s seen it all, let me tell you always trust the process, but never ignore the warning signs.
We’ve all chased those “too good to be true” returns and sometimes, the easy money hides a trap. The latest delay saga—96 hours, then 168, and now 360 hours—this isn’t just inconvenient, it’s a red flag! This type of behavior isn’t just bad business, it’s a scam in disguise. Stay vigilant, friends. Whether you’re in crypto, NFTs, or any investment, be wary of projects with no transparency. Trust actions, not promises.
#SCAMalert #InvestorLife #DueDiligence
We’ve all chased those “too good to be true” returns and sometimes, the easy money hides a trap. The latest delay saga—96 hours, then 168, and now 360 hours—this isn’t just inconvenient, it’s a red flag! This type of behavior isn’t just bad business, it’s a scam in disguise. Stay vigilant, friends. Whether you’re in crypto, NFTs, or any investment, be wary of projects with no transparency. Trust actions, not promises.
#SCAMalert #InvestorLife #DueDiligence
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