KYC, A Danger for Deep Web Link Users

Are you exploring why KYC (Know your customer) is a danger for Deep Web link Users? Let us get into this guide to explore all the details about KYC its requirements, its process, why it is dangerous for deep web users, and ways to protect you from data breaches because of KYC.

Do you Know About KYC?

KYC is an abbreviation of Know Your Customer.

Sometimes, it also means knowing your client. It is a compulsory procedure to identify and verify the client’s identity when opening a banking account and occasionally over time.

However, KYC: Know Your Customer Standards are considered to protect financial institutions against fraud, corruption, money laundering, terrorist financing, and cyber threats. In a progressively worldwide economy, financial institutions are more vulnerable to illegal criminal activities.

Understanding KYC (Know Your Customer) Requirements

Well, KYC has 3 main components

  1. Customer identification: Organizations must get four pieces of ID from new customers: name, address, date of birth, and an ID card such as a driver’s license, Voter’s ID, PAN card, and copy of a bank passbook. As proof of address, documents like your recent landline or mobile bill, electricity bill, Voter ID, and rental agreement.
  2. Customer due Industry: In this phase, these credentials are reviewed for legitimacy and accepted or denied.
  3. Advance due Industry: With customers that are flagged as at higher risk of being associated with terrorism, money laundering, or other criminality, additional ongoing monitoring takes place.

KYC, a practice embraced by many legitimate businesses, requires users to provide personal information such as identification documents, addresses, and phone numbers for verification purposes. While this may seem like a reasonable measure to prevent fraud and ensure safety. It contradicts the very essence of the deep web. The deep web has been a refuge for individuals who wish to operate without revealing their true identities or being subject to government surveillance.

The deep web allows users to access websites and content that are not indexed by search engines. It provides a level of anonymity through the use of specialized software and encryption techniques. Deep web and dark web users have traditionally relied on this anonymity to engage in activities that may not be legal or desirable in mainstream society. However, with the introduction of KYC policies, the veil of anonymity is slowly being lifted.

How the KYC Process Work Right Now

The KYC: know your customer procedure can currently be executed via the below-mentioned networks.

  • Offline: It involves the customer downloading the KYC app, and filling all the details in a physical document. Then sign the document. After that, submit it to the specified authorities along with the proven copies of the vital documents.
  • Online: In an online form, uploading said documents and filling in the required details. These documents and details are confirmed by manual reviewers. It will depend on the image quality of uploaded documents and if the details on the documents are provable, agree with the customer to complete the procedure. ‌‌

However, the KYC procedure for a business includes a different set of documents and data for confirmation and risk assessment, including

  • Company name, seat, and address
  • Proof of address like passport, electricity bill, Voter ID, credit card statements, etc.
  • The legal firm, the name of the authorized representative, like the director
  • Authority under which the company is merged
  • Names of the beneficial possessor (if they hold at least 25% of the shares)
  • Commercial register entry, number, and form
  • Stockholder list
  • Photo register entry
  • Proof of ID of the beneficial possessor and the authorized representative‌‌

The Deep Web and its Anonymity

The deep web is a vast network of websites that cannot be accessed through regular search engines. It includes everything from private forums and marketplaces to online banking and government databases. The anonymity provided by the deep web has attracted users who value their privacy and wish to avoid the prying eyes of law enforcement agencies and other adversaries.

Deep web users have long relied on tools such as Tor, VPNs (Virtual Private Networks), and encrypted messaging services to protect their identities and communications. These technologies, combined with the decentralized nature of the deep web. And have made it a relatively safe space for individuals who wish to engage in activities that may be considered illegal or controversial.

Why KYC is a Danger for Deep Web Link Users

In the deep web and dark web, you can choose the identity of any person. Here, hundreds and thousands of sensitive documents and data have been leaked, including passports, ID cards, proof of address, and selfies.

Suppose someone selects a service that they want to verify using the selected identity. They pay in any cryptocurrency and within a few minutes or hours. They will get the fully working credentials of the verified account for the given person. And then just start laundering millions of dollars via this new identity.

Right now, this situation is theoretically practicable.

In a dark web marketplace called Dread, a seller sells user data from the KYC: know your customer data top crypto exchanges. He asks for what is required by most authorities. The seller was prepared to use a trusted escrow deal for a crypto payment. It means that this offer may be trustworthy.

The Largest KYC Data Leak in History

A white hat hacker highlighted the breach called (probably the largest KYC data leak in history). According to the reports, that data is based on the mobile payment wallet application and the dark web. Almost 8.2 terabytes of personal data have allegedly leaked.

The data apparently have valid user information, including ID scans, passports, emails, phone numbers, and addresses. However, the data is right now sold on the hacking forums of the dark web for Bitcoin. In the massive pack, the seller lists the below-mentioned as included.

  • 500 databases: Total 350GB MySQL dumps
  • 40 million: 10-digit cards, month, year, and card fingerprints
  • 99 million: email, phone number, passwords, address, lost more data, applications installed, IP address, GPS locations.
  • Mass of databases of many companies
  • 7.5 TB KYC data: passports, ID cards, selfies, store picture proof etc.

The alleged leak highlights the status of dodging centralized databases that store user data. These are huge targets representative of very powerful access to personal data and will always be points of attack for hackers.

However, the avoidance of KYC collection is highlighted by many within the Bitcoin (BTC) community. As there are no third parties who ensure Bitcoin funds or their owners are protected. So, avoiding these targets is paramount.

KYC and Privacy Concerns

Privacy has always been a fundamental concern for deep web and dark web users. The ability to operate the deep web and dark web anonymously has allowed individuals to express themselves freely, engage in political activism, and conduct business without fear of repercussions. However, with the implementation of KYC policies, this privacy is being eroded.

Deep web users now face the dilemma of choosing between their desire for anonymity and their need to access certain services that require KYC verification. This compromise between privacy and convenience has raised concerns among the deep web community. As it threatens the very principles that have defined the deep web for years.

Here we have analyzed the potential consequence of KYC privacy threats on Deep web and dark web link users.

  • Your privacy is negotiated if you ever use the KYC procedure of the hacked crypto exchange.
  • Anyone can use your leaked personal documents to open any fake account using your name and launder millions of dollars over fake crypto exchange accounts.

We are getting into a situation where a worldwide imposed KYC method may lead to the negotiation of the privacy of millions of people. Additionally, hackers can execute impersonation attacks with stolen individuals.

Well, it is not Easy to Avoid the KYC Procedure

  1. Many KYC procedures require your picture with ID/passport.

The “dark-market” KYC documents package, of course, will hold all essential verification material, including the photo of persons holding their ID or passport. Moreover, everything that was already hacked or could be hacked.

  • Use and upload the current, up-to-date address.

Altering the date in the address is perhaps the easiest thing to do. Some people even use Indian assistants to do that for a few dollars.

  • Many crypto exchanges now require a video KYC procedure.

This process can be straightforwardly avoided, circumventing video identification via increased reality. This video offers a step-by-step tutorial on how KYC video streams can be increased with computer-generated official ID cards, including all perceptible watermarks.

Obviously, any video KYC procedure can be improved, but this will risk your privacy much more.

  • Many crypto exchanges need your mobile number confirmation.

To bypass this obligation, you can buy an anonymous SIM card (in the EU, there are still countries where it is probable) or use a service to buy a US or UK unidentified mobile number.

Risks of KYC for Deep Web Link Users

When imposing KYC: know your customer requirements, the dark web, and deep web marketplaces risk revealing their users to potential identification by authorities and hackers who may attempt to exploit personal information for nefarious purposes. Moreover, this move weakens the trust and confidence users have placed in the deep web as a secure and private space.

Law enforcement agencies have progressively focused their attention on the deep web, using classy techniques to track down individuals involved in illicit activities. With KYC rules in place, the deep web becomes a less secure environment for users engaging in illegal transactions and communication.

Advanced KYC Will Reveal Deep Web Link User Privacy Even More

The predictable reaction of exchanges will be to advance KYC processes. To make live video calls with the given persons, to take their fingerprints, face patterns, or other biometric material, and to require other sensitive documents to improve the legitimacy of the verification process.

So, you will expose much more sensitive material composed in one place that can be hacked and distorted in the future. Therefore, improving the KYC procedures is not an actual solution. It will just make KYC an even more unsafe privacy threat.

Ways to Protect Your Identity on the Deep Web

While KYC policies may seem like a formidable challenge for deep web users, some measures can be taken to protect one’s identity. One such measure is the use of additional layers of encryption and anonymity tools, such as Virtual Private Networks (VPNs) and the Tor network. These tools can help mask the user’s IP address and encrypt their communications, making it more difficult for authorities and hackers to identify them.

Another approach is to use cryptocurrencies, such as Bitcoin, for transactions on the deep web. Cryptocurrencies offer a certain level of anonymity, as they do not require personal information to be associated with the transactions. However, it is important to note that cryptocurrencies are not entirely anonymous, and additional precautions should be taken to ensure privacy.

So, What if your Identity is Compromised on the Deep Web? What to do?

In the unfortunate event that a deep web user’s identity is compromised, swift action should be taken to mitigate the potential consequences. Here are five steps you should take to lessen the damage:

  1. Disconnect from the Deep Web: Immediately disconnect from all deep web platforms and networks to limit further exposure.
  2. Change Passwords: Change passwords for all accounts associated with the compromised identity, including email, social media, and financial accounts.
  3. Report the Incident: Contact local law enforcement agencies and report the incident. Provide them with any relevant information that may help in the investigation.
  4. Monitor Accounts: Regularly monitor financial and online accounts for any suspicious activity. Report any illegal transactions or access instantly.
  5. Seek Professional Assistance: If the compromise is severe, consider seeking professional help from cybersecurity experts or legal counsel to help navigate the aftermath and mitigate any potential legal consequences.

The Future of KYC and its Impact on the Deep Web

As KYC: Know your customer policies become more prevalent in the mainstream, their impact on the deep web is likely to intensify. Deep web users may face increasing challenges in maintaining their anonymity and privacy. However, it is also possible that innovative solutions will emerge to counteract these challenges and ensure the continued viability of the deep web as a secure and private space.

The future of KYC on the deep web will depend on the delicate balance between privacy and security. Deep web users, marketplaces, and policymakers must engage in an ongoing dialogue to find a compromise that respects individual privacy rights. At the same time, addressing legitimate concerns about illegal activities and national security.

Alternatives to KYC for Deep Web Transactions

As KYC policies become more prevalent on the deep web, users are seeking alternatives to protect their anonymity. One such alternative is the use of decentralized marketplaces and anonymous communication platforms, where KYC is not required or is kept to a minimum. These platforms leverage blockchain technology to ensure secure and private transactions without compromising the user’s identity.

Additionally, some deep web users have turned to peer-to-peer networks and encrypted messaging applications for their communication needs. These platforms allow users to connect directly with each other, bypassing the need for centralized marketplaces and communication channels that may require KYC verification.

Sum Up

The implementation of KYC: Know your customer policies on the deep web and dark web has undoubtedly posed a threat to the anonymity and security that users have come to rely on. However, it is essential to recognize that privacy should not be used as a shield for illegal activities.

As the deep web continues to evolve, it is crucial to find a balance between privacy and security. The deep web community, marketplaces, and policymakers must work together to develop innovative solutions that can uphold the principles of anonymity while addressing the legitimate concerns of law enforcement agencies.

Ultimately, the future of the deep web hinges on the ability to strike this delicate balance, ensuring that users can enjoy the benefits of privacy without compromising their safety or engaging in illegal activities.


Q: Why avoid KYC?

People avoid KYC because of these reasons.

  1. Privacy concerns: KYC exchanges accumulate and store sensitive personal data. 
  2. Centralized entities: They control user data, and this is frequently seen as a direct destruction of the decentralization values.
  3. Isolation and unnecessary barriers: Users who don’t have access to ID documents or don’t want to go through a slow KYC procedure.  

Q: Does KYC stop money laundering?

KYC procedure makes financial institutions aware of any unusual or suspicious activity and reduces the risk of business or organization being exploited for money laundering, financial fraud, and terror financing.

Q: Is KYC a legal requirement in the USA?

Yes, KYC is required in the USA as a part of AML protocols. The AML regulations in the USA go back to the BSA: Bank Secrecy Act of 1970. It is the initial piece of legislation to combat money laundering in the United States of America.

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