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The Nexus
SECURITYMay 19 · 00:05 UTCR/DEFI/u/SadExtreme8597

AI fakes are passing KYC like it's nothing

AI-generated fake IDs are bypassing Know Your Customer (KYC) checks, allowing scammers to create hundreds of fake accounts and drain millions of dollars. This issue is expected to continue until anti-fraud measures catch up in about six months. Regulators are promising more consumer protection.

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