CertiK investigates KYC actors hired to scam the web3 community

Blockchain and decentralized finance (DeFi) focused security platform Certik’s investigation led to the discovery of the professional “KYC actors” who bypass KYC processes to scam crypto communities, according to a Nov. 17 Certik blog post. A KYC actor is defined as an individual who rogue developers hire to spoof the KYC process on crypto projects. Certik uncovered tactics used to carry out hacks and exit scams from an interview with a KYC actor and through probing into activities taking place in over 20 over-the-counter (OTC) underground markets, mainly concentrated on Telegram, Discord, low-requirement phone-based applications, and job advertisements. Certik found that of 4,000 to 300,000 KYC actors based in South-East Asia.https://cryptoslate.com/certik-investigates-kyc-actors-hired-to-scam-the-web3-community/

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