KYC Service

Privacy has a special place in the crypto space. The example of Satoshi is the most important proof of this. People may not want to reveal their identities for different reasons.

Unfortunately, we often come across scam-rug pulls in new projects in the crypto space. This is a negative situation for the crypto space in general and for all investors.

KYC is carried out both as a means of keeping the identity of the project owners confidential and as a factor of trust to the investors.

What is our KYC Service?

The purpose of our KYC Service is to make the crypto space safer and more reliable.

It should be noted that the KYC process does not make a project completely secure. We identify the owner of a project by doing KYC. And we store this information securely.

If the project does rug pull or scam, we publish the identity of project owner.

To owners of projects: We periodically check the projects that have passed the our KYC process. If we find out about a scam or rug pull, we will disclose your identities, and file a criminal complaint against you in your country of residence.

To investors: If you think a project that has passed our KYC process is a scam or rug pull, let us know. Please also explain why you think so. Our team will review your submissions and, if true, will reveal the identity of the project owners.

People who go through the KYC process are informed. If they scam or rug pull:

  • We will file a criminal complaint with the relevant department of their country.
  • We will also disclose their information.(Note: We should add that we will not disclose information such as address to avoid any witch hunt. We will only use this information to file a criminal complaint.)
  • If the investors listed below contact through their lawyers, all documents obtained during the KYC process will be shared.
    • Those who live in the same country as the scammer
    • Citizens of the same country as the scammer
    • Those who have a lawyer in the country where the scammer lives
    • Those who have a lawyer in the country where the scammer is a citizen

Who can access the information?

The information given to us during the KYC process is stored securely. Data is stored on 2 separate devices that are not connected to the internet.

The data is never shared with other people and institutions.

The storage period is 1 year.

More information

Do you want to check if a project is KYC verified, or do you want to be KYC verified?

Please send an email to info@coinsult.net