AI-generated fake ID passes crypto exchange verification

A service claiming to use AI neural networks to create fake ID documents has reportedly succeeded in passing Know Your Customer (KYC) checks on several crypto exchanges. OnlyFake said it could instantly generate realistic fake identity documents such as driver’s licenses and passports from 26 countries, including the United States, Canada, Australia, the UK and multiple European Union countries for USD 15. 404 Media reported that it successfully bypassed the KYC verification of crypto exchange OKX using a photograph of a British passport one of its journalists generated with the site, where the ID appeared to be laid on a bedsheet as if a picture of it was taken. Cointelegraph said it had seen a Telegram channel where OnlyFake users were sharing their apparent success in using the IDs to bypass verification at various crypto exchanges and financial service providers, including Kraken, Bybit, Bitget, Huobi and PayPal. An u nderground, dark web operation , OnlyFake shifted domains and distributed its new address via private Telegram channels to evade detection as a result of 404's investigation. ➕ March 2024. Researchers discovered OnlyFake had relaunched with disclaimers and several new tools, including the ability to generate handwritten signatures. System 🤖 OnlyFake 🔗 Operator: Developer: OnlyFake Country: Global Sector: Professional/business services Purpose: Generate fake identity documents Technology: Deep learning; Machine learning; Neural network Issue: Accountability; Ethics/values; Transparency

Date it happened

2024-01-01

Product, system or model

OnlyFake

This is a record of what was reported, not a finding that anyone broke the law. If it names your organisation and you believe it is wrong, the corrections process is free and open to everyone.