The Matrixport Group is committed to the highest standards of compliance within our
digital asset ecosystem. We utilise Chainalysis’ compliance suite to provide us with
continuous, real-time transaction monitoring for all cryptocurrency assets to detect
patterns of high-risk activity and deeper due diligence into suspicious activities
through Know Your Transaction (KYT).
Prohibited Actions
The Matrixport Group strictly prohibits users from using our platforms to engage in
illegal activities such as money laundering, terrorist financing or illegal commerce.
Real time and continuous KYT screening is performed on all users’ transactions. In
case of any suspected illegal transactions or illegal acts are found through KYT, The
Matrixport Group may take actions against the user, including but not limited to
rejecting funds, issuing request for information, freezing accounts or reporting of
suspicious activity to appropriate regulatory authorities. The Matrixport Group
reserves all rights under its contractual arrangements with you and under the laws
applicable to it.
The Matrixport Group would like to remind users of prohibited actions at our
platforms, including but not limited to:
1. Transactions that may violate, or cause the Matrixport Group to violate applicable
economic sanctions imposed or enforced by various governmental agencies
including, but not limited to, those administered by the Office of Foreign Asset
Control of the U.S. Department of Treasury, U.S. Department of State, the United
Nations Security Council, the European Union member state, His Majesty's
Treasury of the United Kingdom, the Monetary Authority of Singapore and etc.
The Matrixport Group is committed to combatting financial crime and complying
with all applicable sanctions laws and regulations in the jurisdictions in which we
operate.
2. Transactions related to illicit activities, including but not limited to frauds, scam,
stolen funds, ransomware.
3. Transactions with irregular, unusual or uncommon transaction patterns and no
logical business explanation, such as deposit followed by almost immediate
withdrawal without additional activity.
KYT at Matrixport
