There’s a Russian market selling faces for BTC to bypass KYC
Online Russian vendors are promoting so-called ‘face fraud’ by selling anonymous headshots to fraudsters who want to bypass the know-your-customer ( KYC ) checks of crypto exchanges and other services. As reported by 404 Media, sellers are uploading images and videos of random, nameless citizens in exchange for Bitcoin . Fraudsters then buy these images and use them on their accounts as a means of attaching a fake identity for KYC purposes. One site, called Fotodropy Store, lists images attached to a single person for 1,390 Russian rubles ($16). The site offers various demographic options including the option to specify the gender and age of their face model. To verify how this service works, we bought a set of videos/photos from the underground service. You select the person you want, look at a preview, pay ~$30 in BTC. Here is one of the videos. You could use to bypass a liveness check when making account https://t.co/3vjw2EOupi pic.twitter.com/PHngkxZ2vT — ...