~snip~
There was one Spreadsheet I was studying and I found in it 50%+ duplicate and fake entry. So ya I strongly recommend KYC for promoters right now.
That's one of the reasons why I gave the suggestion above. At least, KYC may lessen the problems related to fraudulence from promoters.
I am not sure that KYC can completely solve such problems because there are still many people who can misuse the identities of others and that is very unfortunate. Moreover crypto should be anonymous, and not carelessly uploading your own identity to someone you don't know