This AML Policy (Anti-Money Laundering, hereinafter referred to as the Policy) regulates the activities of freeobmen.com regarding the fight against money laundering and its involvement in the fight against money laundering and the financing of terrorist activities.
By clicking the "I have paid" button, you agree to verify all transactions sent to our exchange service for their connection with high-risk platforms such as:
Child exploitation
Dark Market
Dark Service
Enforcement action
Exchange fraudulent
Fraud shop
Gambling
High risk jurisdiction
Illegal Service
Illicit actor organization
Malware
Mixer
Online pharmacy
Ransom
Sanctions
Scam
Special measures
Stolen Coins
Terrorism financing
If the connection of transactions with the aforementioned sites is discovered, the administration of the exchange service has the right to request the passage
of the identity verification (KYC) procedure.
This procedure includes providing a video selfie with a passport, which clearly shows the passport series and number, full name, as well as a demonstration of the wallet or
account from which the transaction was sent, with readable data about the date, time, amount and recipient's address.
After successful completion of full verification, the exchange can be
suspended, and the funds returned to the sender's address minus the commission incurred during the transfer. If the exchange accounts of the exchange service are blocked when sending funds due to risk control, the service reserves the right to make a refund after unblocking
the client's assets on the exchange account.
The service strives to comply with all laws and regulations on combating money laundering and terrorist financing, so it decides to block or reject transactions that meet the criteria for risky activity. The goal freeobmen.com - ensure the safety of all users of the service and prevent possible financial crimes.
1. Definitions of terms
1.1. Freeobmen Service is a system for providing online services for the exchange, sale and purchase of electronic assets and electronic money.
1.2. The website of the service - freeobmen.com
1.3. User is any individual who uses the services of the Freeobmen Service and accepts the terms of the privacy policy, as well as the Cookie policy of the Freeobmen service.
1.4. Digital currency - cryptocurrencies and any other currencies based on the blockchain.
1.5. Electronic currency - funds held in the accounts of users of electronic payment systems.
1.6. Fiat money is money that is not backed by gold or other precious metals, the nominal value of which is set and guaranteed by the state, regardless of the cost of the material used for their manufacture.
1.7. Card verification is a verification of the ownership of a card (or account) to its owner, performed once for each new User card. The verification conditions are set by the Service.
1.8. Money laundering - actions aimed at returning money or other securities of illegal origin to the financial and economic market, presenting their acquisition and possession as completely legal and normal, as well as conducting other illegal operations. In accordance with international law freeobmen.com adheres to a number of rules and implements a number of procedures aimed at preventing the use of the Service for the purpose of conducting money laundering operations. Our anti-money laundering policy is aimed at improving the security of customers and the services provided by the Service.
1.9. Financing of terrorism is the deliberate provision or collection by any means, directly or indirectly, of funds with the intention of using these funds to commit terrorist acts.
2. Measures taken to comply with the AML Policy.
Service Manual freeobmen.com Realizing the public danger of crimes related to money laundering and the financing of terrorist activities, has developed a set of organizational and legal measures to comply with the provisions of national legislation, as well as the requirements of the intergovernmental organization FATF.
2.1. Application of the KYC policy (know your customer). Mandatory identification of Users performing exchange operations on our Service. To verify the User, the Administration has the right to request the following data::
take a photo ("selfie") with a citizen's identity document: a scanned copy of the front and back sides of the official photo identification card, that is, a valid passport, driver's license or other national identity card;
to confirm the place of residence: an official document issued within the last 3 months, with a clear indication of the client's name and address indicated during registration on the website freeobmen.com . This can be a utility bill (for water, electricity, or a landline phone) or a bank statement. The copy must include: full name, full residential address, date of issue (within the last 3 months), the name of the issuing authority, with the official logo or seal.;
provide a copy of the front and back sides of the bank card and/or a photo of your bank card taken against the background of the main page of the Service. To ensure confidentiality and security, only the last 4 digits of your card should be visible. It is allowed to hide the CVV code (3 digits on the back of the card).
Service Administration freeobmen.com It will take steps to verify the authenticity of documents and information provided by Users. Identification information will also be checked using secondary sources, and the service Administration reserves the right to continue investigating cases in order to obtain full confidence in the authenticity of the documentation provided.
Service Administration freeobmen.com reserves the right to monitor User data on an ongoing basis, especially in cases where his identification information has been changed or his activity has seemed suspicious (unusual for a particular User). In addition, the Administration reserves the right to request up-to-date documents from Users, even if they have been authenticated in the past.
2.2. Implementation of continuous monitoring of operations passing through the Service.
We constantly monitor all applications created on the website. freeobmen.com . The administration of the service notifies Users of the prohibition on carrying out exchange transactions from third parties using their account.
2.3. Improving the professional skills and knowledge of the team staff freeobmen.com in terms of compliance with the Policy requirements.
2.4. Interaction with government agencies in cases prescribed by law.
If we receive an official request from law enforcement or judicial authorities, we will be obliged to provide them with the requested information. The service Administration is also entitled to provide the data requested by the official representatives of the payment systems.
2.5. Improving the security of the Service's software freeobmen.com
. We take care of the reliability and security of transactions made on our service. In this regard, we are constantly improving our IT department, whose main task is to protect the site from unauthorized access by intruders.
2.6. Service Administration freeobmen.com in cases prescribed by law, may put forward a regulatory requirement to verify the source of fiat money and/or cryptocurrencies to ensure that the sources of Funds that the Client uses for the exchange are legitimate. As a document confirming the source of the Funds, there may be a bank statement for fiat money or a video showing the details of a cryptocurrency wallet transaction.
In accordance with this Policy, the Service Administration will:
monitor all transactions. The Administration reserves the right to ensure that suspicious transactions are reported to the appropriate law enforcement authorities through a Responsible Official.;
request any additional information and documents from the User in case of suspicious transactions, also at the request of the regulator (the regulator may be an exchange, a government agency or another organization with appropriate legal grounds);
suspend or terminate a User's account if there is a reasonable suspicion that such a User is involved in illegal activities.
However, the above list is not exhaustive, and user transactions will be monitored regularly to determine their degree of risk.
2. KYT (Know Your Transaction) Policy
Know Your Transaction or KYT is a phrase used in the financial sector to describe the process of evaluating cryptocurrency transactions for fraudulent or suspicious activity such as money laundering.KYT is one of the components of the anti-money laundering policy and helps to assess transaction risks and identify transactions related to financial crimes such as money laundering and terrorist financing.
The KYT policy is aimed at identifying the client's transaction in the event of a precedent where the Service has reasonable suspicions that the client is trying to use the service and its services in order to carry out illegal transactions or money laundering.
Such a precedent may arise if the Service suspects the Client of illegal actions that may be qualified as laundering or attempted laundering of illegally obtained digital assets or funds of openly criminal origin. For these purposes, the Service has the right to use any legitimate information, third-party tools for analyzing the origin of digital assets, as well as its own screening system developments.
In this case, the Service freeobmen.com reserves the full right to:
Require the Client to provide additional information revealing the origin of digital assets and/or confirmation that these assets were not obtained through criminal means;
Block the account and any transactions related to the Client, transfer all information and documents available on the incident to the financial activity control and/or law enforcement authorities at the place of registration of the Service and, if necessary, at the Client's registration address;
Require the Client to provide documents confirming his identity, physical existence, registration address, and ability to pay;
To refund digital assets only to the banking details from which the transfer was made, or to switch to other banking details, after a full check by the Service's security service, if it was possible to verify the legal origin of the Client's funds.;
To refuse to withdraw funds to the Client's account of third parties without explaining the reasons;
Withhold the Client's funds until the incident is fully investigated;
The Service reserves the right to monitor the entire transaction chain in order to identify suspicious transactions.;
The Service reserves the right to refuse to provide the service to the Client if the Service has reasonable suspicions about the legality of the origin of digital assets and to hold funds in special accounts of the Service.;
The Service reserves the right to refuse to provide the service to the Client if the Service has reasonable suspicions about the legality of the origin of digital assets and to withhold funds in special accounts of the Service if it is impossible to track the entire chain of movement of digital assets from the moment of their appearance.
Conditions for the refund of funds stopped for verification based on the results of the AML analysis of the transaction:
Refunds are made after a full security check by the Service, which may include detailed verification of the sender. Refunds are made after deducting a commission of up to 5% of the transaction amount, but not more than $ 100, to cover the labor costs of processing the application and arranging a refund.
The refund, subject to approval by the Service, will be processed by the Service within 7 (seven) calendar days, starting from the date when the User was notified of the Service's decision regarding his request for a refund.
When making a refund, after passing the verification (verification), the user must confirm the details for receiving the refund.