Bitcoin.com News
Bitcoin.com News|Apr 01, 2025 21:47
🚨 Former Monero maintainer Ricardo Spagni, aka Fluffypony, raises alarms about the future of Know Your Customer (KYC) strategies in the age of AI! On X, he warned that current KYC procedures are becoming obsolete, predicting a fully unhinged open-source model within 24 months capable of generating fake KYC with consistent details and images. Spagni shared AI-generated images of individuals with fake documents designed to pass KYC checks, noting that while the results are still inconsistent, the technology is rapidly improving. "It’s not perfect, and weirdly inconsistent - but it’s getting there!" he stated. What are your thoughts on the implications of AI on KYC processes? Let us know! 💬
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