1. Purpose and scope
VAV LLC maintains this Anti-Money Laundering Policy so the platform is not used to hide, move, or spend the proceeds of crime, or to finance terrorism or evade sanctions. It applies to every account, deposit, withdrawal, transfer, trade, earn product, AI plan, and referral reward.
Using VAV means you agree to identity checks, questions about the source of funds, and monitoring of activity. We may refuse service, delay a transaction, or close an account when these checks are not satisfied.
2. Customer identification
Before you use higher limits, or whenever risk requires it, we collect your legal name, date of birth, address, and a government identity document, plus a selfie or liveness check. Details must match the person who owns the account. You must update them if they change.
We may ask for proof of address, occupation, the source of deposited funds or crypto, and the purpose of the account. Incomplete, inconsistent, or false information can freeze deposits, withdrawals, and trading until it is corrected.
3. Enhanced checks
We apply closer review when activity is large, unusual, or higher risk. That can include politically exposed persons, accounts linked to high-risk countries, third-party payments, or patterns that do not match the profile you gave us.
Enhanced checks can include extra documents, a written explanation of a transfer, or a temporary limit. We do not have to explain every internal risk score.
4. Sanctions and prohibited use
You may not use VAV if you, or a person who controls your funds, are on a sanctions list or located in a jurisdiction where we do not offer the service. You may not use the account for money laundering, terrorist financing, fraud, stolen assets, ransom payments, or any attempt to hide the true owner or source of funds.
Third-party deposits that do not match your verified identity can be rejected or returned when that is possible. Mixing services used to conceal the origin of assets, and attempts to break the transaction into smaller pieces to avoid review, are prohibited.
5. Transaction monitoring
Deposits, withdrawals, wallet transfers, and trades are reviewed for unusual size, speed, destination, or pattern. We can pause a transaction, ask for an explanation, or refuse it while a review is open. A delay is not a confirmation that the transaction will be completed.
On-chain transfers can be screened before or after they are credited. Assets that fail screening may be held, rejected, or reported. Network fees already paid to a blockchain are not refunded by VAV.
6. Reporting
Where the law requires it, VAV may file a report with the relevant authority about suspicious activity, sanctions matches, or large transactions. We may not be allowed to tell you that a report was made or that an investigation is underway.
We may also respond to lawful requests from regulators, courts, and law enforcement, including requests to preserve account records.
7. Records and consequences
Identity records, verification results, and transaction history are kept for as long as applicable anti-money laundering and tax rules require, including after an account is closed. You should keep your own copies of confirmations you need for your taxes.
If you break this policy we may limit features, reverse rewards that came from prohibited activity, suspend or close the account, and hold balances while a legal or compliance review is unfinished. These steps are in addition to any action a government authority may take.