Detailed Anti-Money Laundering, Counter-Terrorist Financing, and Know Your Customer compliance framework for X-Crypto Pro
Last updated: November 16, 2025
X-Crypto Pro Ltd is fully committed to preventing money laundering, terrorist financing, proliferation financing, and other financial crimes through its non-custodial cryptocurrency exchange and decentralized finance (DeFi) platform. Despite operating without custody of user funds, we maintain a robust AML/CTF/KYC program aligned with the Financial Action Task Force (FATF) recommendations, British Virgin Islands regulations, and international best practices to ensure platform integrity and regulatory compliance.
This policy applies to all users, transactions, and interactions with X-Crypto Pro services, including but not limited to token swaps, cross-chain bridges, liquidity provision, yield farming, investment fund access, and smart contract executions. All users must adhere to this policy as a condition of using the platform, as outlined in our Terms of Service.
We implement a risk-based approach (RBA) to AML/CTF compliance. User activities are categorized by risk level based on transaction volume, frequency, geographic origin, wallet history, and behavioral patterns. Higher-risk activities trigger enhanced due diligence (EDD), while low-risk interactions may proceed with simplified measures.
Standard CDD is applied proportionally. For transactions below $1,000 USD equivalent, no identity verification is required. For cumulative monthly volumes exceeding $10,000 or single transactions over $2,000, users must complete basic CDD including email verification and wallet ownership proof.
Full KYC verification is mandatory for: (a) transactions exceeding $15,000 USD equivalent in a 30-day period; (b) access to premium investment funds or high-yield strategies; (c) users flagged by risk scoring; (d) residents of high-risk jurisdictions. Required documents include government-issued photo ID (passport, national ID), proof of address (utility bill <3 months), and selfie verification. Source of funds (SoF) and source of wealth (SoW) declarations are required for large inflows.
EDD is applied to politically exposed persons (PEPs), their close associates, users from high-risk jurisdictions (as per FATF grey/black lists), or those exhibiting suspicious patterns. This includes ongoing monitoring, transaction purpose verification, and third-party data cross-referencing.
All on-chain transactions are monitored in real-time using advanced blockchain analytics tools (e.g., Chainalysis, Elliptic). Screening includes: address sanctions checks (OFAC, EU, UN, HMT), darknet market linkages, mixer/tumbler detection, and anomaly detection (e.g., rapid fund cycling). Suspicious transactions may be delayed, flagged, or blocked.
Prohibited: money laundering, terrorist financing, fraud, tax evasion, sanctions circumvention, ransomware payments, child exploitation material funding, or human trafficking. Red flags triggering review: structured transactions to avoid thresholds, use of privacy tools in high-risk contexts, inconsistent SoF, or connections to known illicit addresses.
X-Crypto Pro strictly enforces global sanctions. Platform access is automatically restricted via IP geoblocking for comprehensively sanctioned jurisdictions (e.g., North Korea, Iran, Syria). Wallet addresses linked to sanctioned entities, SDNs, or terrorist organizations are blacklisted at the smart contract level.
Transaction records, CDD/KYC documents, risk assessments, and monitoring alerts are retained for a minimum of 5 years in compliance with BVI AML regulations. Data is stored securely with encryption and access controls. See our Privacy Policy for details.
All team members receive annual AML/CTF training. A dedicated Compliance Officer oversees the program, conducts regular audits, and reports to senior management. Policies are reviewed annually or upon significant regulatory changes.
Suspicious Activity Reports (SARs) are filed with the BVI Financial Investigation Agency (FIA) and other relevant authorities within required timelines. We cooperate fully with law enforcement and regulators under valid legal processes, including subpoenas and mutual legal assistance requests.
Users must: provide accurate information during verification; ensure funds originate from legitimate sources; report lost/stolen credentials immediately; comply with tax and reporting obligations in their jurisdiction; refrain from attempting to bypass controls. Violations result in account suspension, fund freezing (where technically feasible), or permanent ban.
Users may appeal compliance decisions by contacting compliance@x-crypto.pro with supporting evidence. Responses are provided within 7 business days. Escalations go to the Compliance Officer.
This policy is reviewed and updated at least annually or following material changes in regulations, risk environment, or platform features. Continued use after updates constitutes acceptance of the revised terms.
For compliance inquiries, KYC support, or to report suspicious activity: compliance@x-crypto.pro. Legal department: legal@x-crypto.pro.