AI-based service creates fake driver’s licenses and passports that users use to complete KYC on crypto exchanges. The price of such a document is only $15.
The OnlyFake website launched a new AI service for ID generation. The cost of a fake document is only $15. According to analysts at 404 Media, fake documents allow users to pass KYC on crypto exchanges.
The service offers users to generate realistic fake driver’s licenses and passports from 26 countries, including the United States, Australia, Canada, the United Kingdom, and several EU states. Payment can be made with cryptocurrencies through the Coinbase payment system.
Fake IDs are actively used to bypass identity verification on various crypto exchanges and financial services. In particular, fake IDs are able to pass KYC on OKX, Kraken, Binance, Bybit, Coinbase, Bitget, and Huobi. Some users verified their identities on PayPal and online bank Revolut.
The AI-based system creates realistic photos of documents placed on various surfaces, including kitchen tables, beds, or carpets, in just a few seconds. The service can generate 100 fake IDs in a minute using data from an Excel file. A custom photo or a picture from the drop library can be used as a photo on a fake ID.
The developers assure that the service can add the necessary metadata to the generated image. Users can specify the desired location, date, and time of the fake photo, as well as select the device the photo was allegedly taken with. The introduction of fake metadata further complicates the process of identifying the authenticity of such documents.
The creators of OnlyFake claim that they aren’t breaking any laws as they aren’t creating fake documents, but only generating content. According to the website, the templates created are intended for use in movies, TV shows, and web illustrations only.
Previously, they had to buy real people’s identities on the dark web to pass KYC on trading platforms, some costing scammers only $8. The largest personal data leak was also recently discovered, containing over 26 billion accounts.
