AML (Anti-Money Laundering) and KYC (Know Your Customer) Policy

Effective Date: 2022/06/12
Website: https://www.cryptoken.pro/finance

1. Introduction

This policy outlines the commitment of cryptoken.pro and its affiliates (collectively referred to as the “Company”) to preventing and actively combating money laundering, terrorist financing, and other forms of financial crime. The Company enforces stringent Anti-Money Laundering (AML) and Know Your Customer (KYC) procedures to ensure the integrity of its platform.

All officers, employees, agents, and affiliated entities of the Company must adhere to these standards and implement effective measures to prevent the platform from being used for illicit financial activities.

2. Definition of Money Laundering

Money laundering involves acts aimed at concealing or disguising the true origin of funds obtained from criminal activities, making them appear as if derived from legitimate sources.

3. Stages of Money Laundering

Money laundering typically occurs in three stages:

• Placement: Illegally obtained funds are introduced into the financial system.

• Layering: Complex transactions are carried out to obscure the origin of the funds.

• Integration: The funds are reintroduced into the legitimate economy through investments or purchases.

Terrorist financing may involve legitimate funds being used for unlawful ends, where the source may not be criminal but the use is.

4. Compliance Responsibilities

All employees whose roles involve client interaction or processing transactions must understand the legal and regulatory requirements relevant to AML/KYC and perform their duties accordingly. It is their affirmative responsibility to maintain strict compliance at all times.

5. AML & KYC Program

The Company has developed and maintains an ongoing AML and KYC compliance program designed to:

• Detect and prevent suspicious activities.

• Ensure adherence to applicable international and local regulations.

• Implement standardized protocols across all business units and subsidiaries.

6. Group-Wide Compliance

All subsidiaries, affiliates, and business units under CrypToken.pro are required to comply with this policy and implement aligned AML/KYC frameworks.

7. Record Keeping

All client identification documents, transaction records, and relevant service data will be securely maintained for the period required under applicable local laws and regulatory standards.

8. Employee Training

• New employees undergo mandatory AML and KYC training during onboarding.

• Annual refresher training is required for all relevant personnel.

• Targeted and role-specific AML training is conducted for staff involved in high-risk areas.

9. Client Obligations

Clients of CrypToken.pro must:

• Comply with all applicable anti-fraud and AML/CTF laws.

• Avoid using the platform for illegal activities or to facilitate unlawful financial transactions.

• Not engage in any direct or indirect activity that may involve proceeds of crime or contribute to financial terrorism.

10. Funds Legitimacy

By using CrypToken.pro services, clients warrant that:

• All funds used or deposited are from lawful sources.

• They hold full legal ownership of the assets being traded or transferred.

• No part of the funds has originated from criminal or fraudulent activity.

11. Identity Verification

The Company reserves the right to conduct identity and source-of-funds verification procedures, including KYC and AML/CTF checks, in accordance with the laws of Saint Vincent and the Grenadines and applicable international standards.

• Clients must promptly provide requested documentation or information.

• Failure to comply may result in delays or restrictions on deposits, trades, and withdrawals.

• The Company may suspend services to non-compliant users until proper verification is completed.

12. Fraudulent Activity & Account Suspension

In cases of suspicious activity, such as:

• Use of stolen credit cards,

• Unauthorized account access,

• Chargebacks or reversed payments,

• Attempts to disguise fund sources,

The Company may immediately suspend the account, cancel transactions, and launch an internal investigation.

13. Investigation Procedures

During investigations, CrypToken.pro reserves the right to request:

• Government-issued ID (passport, national ID card).

• Bank statements and credit/debit card scans.

• Proof of address and source of funds documentation.

Failure to provide these documents may lead to permanent account restrictions.

14. Prohibited Use of Services

Clients are strictly prohibited from using the platform:

• For any illegal or fraudulent activity, including money laundering.

• In violation of any laws applicable in their own country or in the jurisdiction of the Company.

• To facilitate terrorism financing or sanctioned transactions.

15. Limitation of Liability

CrypToken.pro reserves the right to refuse, reverse, or suspend any transaction or service request that appears suspicious or non-compliant.

Such refusal does not constitute a breach of any contractual obligation, nor shall the Company be held liable for any losses arising from such actions.

16. Final Provisions

This AML & KYC Policy is subject to change as regulatory requirements evolve. Clients will be notified of significant updates via the platform or email.

If you have any questions regarding this policy, please contact our compliance team at [support@cryptoken.pro].