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<ul><li>OnlyFake’s realistic fake IDs created using AI successfully bypassed KYC checks on crypto exchanges.</li><li>404 Media reports that a fake British passport managed to bypass the KYC check on OKX.</li><li>Pseudonymous owner John Wick asserts that these fake IDs could bypass KYC verification on exchanges, including Binance and Coinbase</li></ul>The advancing artificial intelligence (AI) technology has been creating a buzz among the public as it provides favorable circumstances for malpractices. In a recent<a href="https://www.404media.co/inside-the-underground-site-where-ai-neural-networks-churns-out-fake-ids-onlyfake/" rel="noopener noreferrer nofollow"> revelation</a>, 404 Media reported that OnlyFake, the controversial site using AI to create realistic fake IDs, has been successful in passing KYC checks on crypto exchanges.As per 404 Media’s update, OnlyFake’s fake passport even managed to bypass the Know Your Customer (KYC) verification procedures on the crypto exchange OKX. The process involved using the image of a fake British passport lying on a bedsheet.Reportedly, OnlyFake uses AI “neural networks” and “generators” to fabricate fake passports and driving licenses across 26 countries, including the United States, Canada, Australia, and Britain. The platform receives payment for their realistic works in multiple cryptocurrencies via <a href="https://cryptotale.org/tag/coinbase-news/" rel="noopener noreferrer nofollow">Coinbase</a>’s commercial payment service. In addition, various customers of OnlyFake have shared their successful experiences with their ID proofs.Read full article at <a href="https://cryptotale.org/onlyfakes-fake-ids-bypass-okxs-kyc-verification-procedures-report/" rel="noopener noreferrer nofollow">CryptoTale.</a>

OnlyFake’s Fake IDs Bypass OKX’s KYC Verification Procedures: Report

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