Anti-Money Laundering (AML) Policy

Last Updated: May 21, 2024

CryptoPlexTrade is committed to preventing the use of its services for money laundering, terrorist financing, and other illicit activities. This policy outlines our commitment to complying with all applicable laws and regulations.

1. Customer Due Diligence (CDD)

We perform Customer Due Diligence to verify the identity of our users. This may include collecting personal information such as your full name, address, and a government-issued ID. We reserve the right to request additional information to verify your identity.

2. Transaction Monitoring

We monitor transactions for suspicious activity. This includes, but is not limited to, unusually large transactions, unusual patterns of transactions, and transactions with individuals or entities in high-risk jurisdictions. We may freeze or suspend transactions that we deem suspicious.

3. Reporting

We are obligated to report suspicious activities to the relevant authorities as required by law. We will cooperate fully with law enforcement agencies and regulatory bodies in any investigation related to illicit activities.

4. Prohibited Activities

Users are strictly prohibited from using our services for any illegal purpose. We will terminate the accounts of any users found to be engaging in such activities and will report them to the appropriate authorities.