AML Policy

AML/CTF Policy of Demo.Lara Service
 Our service adheres to practices and measures in the field of combating the legalization (laundering) of proceeds from crime and the financing of terrorism (AML).
 The purpose of these measures is to exclude any attempts to use the Demo.Lara platform for illegal purposes.

We warn users against attempts to use the Demo.Lara service for:
  • money laundering,
  • financing terrorism,
  • fraud of any kind,
  • purchasing prohibited goods and services.
 After providing data from the client for consideration of the AML procedure, unfreezing takes on average up to 7-10 days, in rare cases a longer wait is possible, depending on the complexity of the consideration and the workload for the AML department.The service has the right to request additional, necessary information that is necessary for consideration of the case when the AML/KYC procedure is triggered and the client's transaction is frozen.

     Security and CooperationWe strongly recommend that you pay attention to the list of platforms from which we are unable to accept funds. Transfer from these platforms or communication with them may result in funds being frozen for additional verification for up to 10 days or for an unlimited period with a further request for additional, personal information from the client. Such platforms include:
  • Bitpapa
  • NetEx24
  • Bitzlato
  • DoubleWay
  • MEGA DARKNET MARKET
  • Garantex
  • 1xBit
  • Stake
  • Primedice
  • OMGOMG!
  • DuckDice
  • Wasabi Wallet
  • Gandhiji.io
  • Hydra
  • NVSPCB
  • NVSPCB
  • Roobet
  • Tornado
  • WEX Exchange
  • Yolo Group
  • Black Sprut
  • BTC-e
  • Chiper Mixer
  • DuelBits
  • FreeBitcoin
  • Darknetone
  • Commex
  • Trocador
  • Anonexch
  • Cryptomus
 The list is updated in real time.

      Requirements for ApplicationsTo prevent illegal transactions, the Demo.Lara service sets the following requirements for all Applications created by the User:The sender and recipient of the Payment under the Application must be the same person. Transfers in favor of third parties are strictly prohibited.All contact information entered by the User in the Application, as well as other personal data transferred by the User to the Service, must be current and completely reliable.It is strictly prohibited for the User to create Applications using anonymous proxy servers or any other anonymous connections to the Internet.       Measures to Prevent Illegal Transactions
If the administration of the Demo.Lara service suspects that the user is trying to use the Service for money laundering or for the purpose of carrying out any other illegal transactions, the administration has the right to:
-suspend the user's exchange transaction;
-request the user to provide identification documents;
-request other information related to payments.
-The Service strictly prohibits the deposit or withdrawal of funds associated with various prohibited categories or high risk, including, in particular, such categories as:
  • sanctioned entities or individuals,
  • high-risk exchanges,
  • terrorist financing,
  • child abuse and theft of funds.
 In rare cases:if the client chooses to exchange one type of coin in one network and the transaction does not pass the security verification procedure, the service may refund the funds immediately and without providing the necessary data, minus the exchange commission for this procedure (usually 100 USDT).depending on the coin and network (usdt bep-20), the funds may not be credited to the exchange office account if the transaction exceeds the acceptable risk or raises suspicions in the exchange. This coin can be returned back to the client's account (after contacting the support service) and with a commission of up to 10% of the transaction amount that should have been credited.      Transfer of InformationAll information provided by the client may be transferred to the relevant authorities in the following cases:
  • upon request of law enforcement agencies;
  • by decision of courts of various instances;
  • at the request of the administrations of the Payment Systems.
      Compliance with Rules and StandardsWe are uncompromisingly committed to compliance with the rules and standards regarding AML/CTF policy. Our partners, as well as we, guarantee the highest level of security for their clients and exclude the possibility of any illegal actions. The use of the Website and the Platform is fully regulated by international laws and regulations, including EU sanctions. When using the Platform to transfer, receive, buy, sell, exchange or store digital assets, the User is obliged to comply with the User Agreement. Compliance with the principles of transparency and legality ensures a high level of security for clients and reduces the risk of illegal activities. Our site implements mandatory monitoring and risk assessment of all transactions, and identifies suspicious user behavior. For this purpose, specialized AML/CTF control systems and internal procedures aimed at preventing money laundering and terrorist financing are used.      Responsibility and Interaction with Law Enforcement AgenciesThe Demo.Lara service, its administration, employees and domain owners are not responsible for the illegal use of the service by third parties, the actions of intruders and possible damage associated with the use of the Demo.Lara service. The Demo.Lara service has the right to interact with law enforcement agencies that are engaged in the prevention of money laundering, terrorist financing and other illegal activities. In connection with the above, the Demo.Lara service does not bear any legal responsibility for its use for the purpose of legalizing funds obtained by criminal means, financing terrorism or purchasing prohibited goods and services. At the same time, Demo.Lara undertakes to take all possible and available measures to prevent attempts to use the Service for criminal purposes. By making an exchange, the User agrees to all the terms of these rules and undertakes to comply with them.
  

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