Anti-Money Laundering Policy

Both international and local regulations and legislation require that the Fury-exchange.com exchange service implements effective internal procedures to prevent any illegal activity and takes all necessary measures to do so.

The Fury-exchange.com service adheres to practices in the field of combating the legalization (laundering) of proceeds from crime and the financing of terrorism (AML - Anti Money Laundering), as well as the Know Your Client (KYC) policy.

The AML/KYC policy covers the following issues:

— Verification procedures;

— Transaction monitoring;

— Risk assessment.

1. Verification procedures

1.1. Identity verification

The verification procedure on Fury-exchange.com requires the User to provide the service administration with authentic documents (e.g., international passport, bank statement, utility bill, etc.). For such purposes, Fury-exchange reserves the right to collect the User's identification information as part of the Anti-Money Laundering Policy and the Know Your Customer Policy.

Also, Fury-exchange.com reserves the right to additionally check certain Users who have raised suspicions. The verification process includes providing documents confirming the User's identity.

For individuals:

1) To confirm the identity, the User must provide one of the following documents:

— civil passport;

— international passport;

— ID card.

2) To confirm the address, the User must provide one of the following documents:

— a bank statement that clearly shows your actual residential address;

— a utility bill that clearly shows your actual residential address;

— tax documents that clearly show your actual residential address;

— a document confirming your actual residential address, issued by local authorities, that clearly shows your actual residential address.

For corporate clients:

1) To confirm identity, the User must provide one of the following documents:

— director's civil passport;

— director's international passport;

— director's ID;

2) To confirm the address, the User must provide one of the following documents:

— a bank statement that clearly shows your actual residential address;

— a utility bill that clearly shows your actual residential address;

— tax documents that clearly show your actual residential address;

— A document confirming your actual residential address, issued by local authorities, that clearly shows your actual residential address.

3) To confirm that the User is an authorized representative of the organization, he must provide all of the following documents:

— a document confirming the legal address of the company;

— a document on registration of a legal entity;

— order on the appointment of the director;

— a scanned copy or photo of the letter on the decision to work with Fury-exchange.com

4) Information on the ultimate beneficiary:

— civil passport of the ultimate beneficiary;

— international passport of the ultimate beneficiary;

— ID of the ultimate beneficiary;

— a document confirming the address of the ultimate beneficiary. The ultimate beneficiary, according to Cypriot law, means an individual who owns or controls the User Account and/or an individual on whose behalf transactions are made.

1.2. Bank card verification

Users who want to conduct an exchange using a bank card must first verify it. Detailed instructions on how to complete verification can be found here.

2. Transaction Monitoring

Users are verified not only by verifying their identity, but also by analyzing their transactions. Therefore, Fury-exchange.com relies on data analysis as a tool for risk assessment and detection of suspicious activity of Users.

Fury-exchange.com carries out data collection, filtering, record keeping, investigation management and reporting. With regard to the AML/KYC policy, Fury-exchange.com may monitor all transactions and reserves the right to:

— request any additional information and documents from the User in case of suspicious transactions;

— suspend or block the User's account if Fury-exchange.com has reasonable grounds to suspect that the User is engaged in illegal activity. activities.

The above list is not exhaustive and transactions will be monitored on a daily basis to see if any transactions should be considered suspicious.

3. Risk Assessment

Fury-exchange.com, in accordance with international requirements, checks transactions for risk using AML services.

In this regard, the transaction may be rejected if the overall risk exceeds 50%. Also, the Service may refuse to provide services to the User if the risk exceeds 1.5% in the following categories:

— Dark Service — coins associated with child abuse, terrorist financing or drug trafficking;

— Dark Market — coins that were used for purchases on the darknet;

— Scam — coins that were obtained by deceiving their customers;

— Mixer — coins have been put through a mixer to make them difficult or impossible to trace. Often used for money laundering;

— Illegal Service — coins associated with illegal activities;

— Ransom — coins obtained through extortion or blackmail;

— Exchange Fraudulent — coins from an exchange associated with fraud, illegal activity, or whose funds have been seized by the government;

— Stolen — stolen coins;

— Gambling — coins related to unlicensed online casinos.

If the transaction is high-risk, the User must undergo KYC verification to confirm their identity.

4. Conducting an exchange

The Fury-exchange.com service warns users against attempts to use Fury-exchange.com to launder money obtained through criminal means, finance terrorism, commit fraud of any kind, as well as against using the service to purchase prohibited goods and services.

To prevent illegal transactions, the Service sets certain requirements for all Applications created by the User:

4.1. The sender and recipient of the Payment under the Application must be the same person. Using the Service, transfers in favor of third parties are strictly prohibited.

4.2. The contact information entered by the User in the Application, as well as other personal data transferred by the User to the Service, must be accurate and current. At the User's request, personal data can be deleted from the Service database within 3 years from the date of the User's last completed Application.

4.3. If the Service administration has reasonable suspicions 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 identification documents from the user;

— request other information related to payments;

4.4. All information provided by the client may be transferred to regulatory authorities in the following cases:

— at the request of law enforcement agencies;

— by decision of courts of various instances;

— at the request of the administrations of the Payment Systems.

Personal data includes:

— last name, first name, patronymic;

— email address;

— country residence/citizenship; — details of the wallets used;

— mobile phone number;

— identity document details;

— location address

4.5. Processing of personal data means recording, systematization, accumulation, storage, clarification (updating, modification), retrieval, use, transfer (distribution, provision, access), including cross-border, depersonalization, blocking, deletion, destruction of personal data that do not fall under special categories, the processing of which requires the written consent of the User.

4.6. Personal data shall be processed for the purposes of fulfilling the obligations of the Parties under the Agreement, registering the User on the Service Website, providing the User with technical support, processing Applications, rendering Services, reviewing requests and claims, sending informational and other messages to the User's email address.

4.7. The basis giving the Service the right to process the User's data is the User's consent. Consent is given in the form of clear active actions of the User, namely one or a set of the following actions: registration of the User on the Service Website and independent provision by the User of the necessary data during such registration, filling out an electronic form via the Service Website in order to submit an Application, making payment for the Application and other active actions using the Service Services.

Fury-exchange.com reserves the right to:

1) require the User to provide additional information disclosing the origin of the digital assets and/or confirmation that these assets were not obtained by criminal means;

2) block the account and any transactions related to the User, transfer all available information and documents on the incident to the financial regulatory and/or law enforcement agencies at the place of registration of the Service and, if necessary, at the Client's registration address;

3) require the User to provide documents confirming identity, video verification, registration address, solvency;

4) return digital assets only to the details from which the transfer was made, after a full check by the Service's security service, if it was possible to verify the legal origin of the Client's funds;

5) refuse the User to withdraw funds to the account of third parties without explanation;

6) hold the User's funds until the incident is fully investigated;

7) monitor the entire transaction chain in order to identify suspicious transactions;

8) refuse to provide the User with the service if the Service has reasonable suspicions about the legality of the origin of digital assets or in the event that it is impossible to track the entire chain of movement of assets from the moment of their appearance, and withhold funds in special accounts of the Service.

9) The Service does not provide consulting or analytical services for assessing the risks of upcoming transactions/conversions and is not responsible for the possible consequences of the transaction. If doubts arise about the purity of digital assets, the User is obliged to independently conduct a check on open specialized platforms or use third-party monitoring services.