AML/KYC Policy of the cryptosha.top Service
Legal Notice:
Requesting KYC/SoF procedures as well as temporary suspension of a transaction in cases where the Risk Score reaches or exceeds 75% does not constitute an allegation of unlawful activity and should not be interpreted as suspicion of High-Risk conduct. These actions are performed solely within the framework of internal risk control procedures, as well as to ensure compliance with AML/KYC regulations and to protect both the service and its users. By clicking the “I have paid” button, the User confirms their understanding and acceptance of these conditions.
1. General Principles
1.1. This Policy is implemented to counteract money laundering and terrorist financing (AML), and to comply with the “Know Your Customer” (KYC) standard.
1.2. The service follows a risk-based approach (RBA), where each transaction is evaluated individually based on a combination of risk factors.
1.3. By confirming payment, the User agrees that any transaction sent to the Service may undergo AML analysis, and, if required, be temporarily suspended for additional KYC/SoF verification.
2. Transaction Monitoring and Risk Evaluation
2.1. Incoming transactions are analyzed using licensed AML tools and monitoring systems (including GetBlock as well as independent monitoring resources such as BestChange) in order to calculate a Risk Score.
2.2. Each transaction is automatically assessed through a comprehensive Risk Score mechanism, which aggregates multiple indicators, including:
- Historical activity of the wallet;
- Source and traceability of funds;
- Trust level and reputation of counterparties;
- Detected High-Risk attributes;
- Additional technical and analytical parameters influencing risk level.
2.3. Risk thresholds applied by the Service:
- 0–60% — transaction is processed without additional intervention;
- 60–74% — transaction may be reviewed internally without mandatory document request;
- 75% and above — transaction is temporarily paused pending identity and source verification (KYC/SoF).
Additional notes:
- Suspension may occur even if no direct High-Risk flags are present, provided the aggregated Risk Score exceeds internal thresholds;
- The Service reserves the right to adjust these thresholds in accordance with internal compliance procedures;
- All transactions are screened against categories of increased risk, including but not limited to: Terrorism Financing, Gambling, Child Exploitation, Sanctions, Dark Services, Scam, Ransomware, Dark Market, Enforcement Actions, Mixers, Fraudulent Exchanges, Stolen Funds, and Illegal Services.
3. KYC and Source of Funds Procedures
3.1. If a transaction is flagged for review, the User will receive a request to complete verification.
Please note: such requests may be issued even in the absence of explicit High-Risk indicators if the Risk Score exceeds acceptable limits.
For identity verification (KYC), the Service may request:
- Government-issued identification document;
- Selfie or video verification holding the document.
To verify wallet ownership:
- Screenshot of the wallet interface;
- Cryptographic message signature (where applicable).
To confirm Source of Funds (SoF), if necessary:
- Proof of withdrawal from an exchange or service;
- Transaction history records;
- Additional supporting materials confirming lawful origin of funds.
The scope of requested information may vary depending on the level of risk and may be adjusted accordingly.
All verification steps are carried out only after the User’s consent, expressed during the transaction process.
4. Verification Timeframes
- Standard verification period — up to 24 hours;
- Additional checks — up to 3 business days;
- Extended review in exceptional cases — up to 7 business days.
5. Refunds in AML-related Cases
- If the transaction cannot be completed, funds may be returned after successful verification;
- A refund fee of up to 5% may apply, capped at 100 USD equivalent;
- If funds are verified as legitimate, only the blockchain network fee is deducted;
- Refund processing time ranges from 1 to 7 business days.
6. Use of Cryptocurrency Addresses
- The Service may assign unique one-time addresses or utilize infrastructure of licensed partners;
- In certain directions, third-party exchanges or platforms may be involved, applying their own compliance checks;
- The Service takes reasonable precautions to maintain acceptable risk levels for all processed transactions.
7. Optional Pre-Check
- Users may conduct a preliminary AML check prior to initiating a transaction;
- This can be done through third-party AML services or via BestChange monitoring tools;
- Declining such pre-check implies acceptance of the risk of potential transaction delay or suspension.
8. Disclosure of Information
The Service reserves the right to provide transaction-related data and verification results to competent authorities upon formal request, in accordance with applicable laws.
9. Data Security and Storage
- KYC procedures are conducted manually by authorized personnel;
- Personal data is stored in secure digital systems with restricted access;
- Retention period is up to 5 years from the User’s last transaction or as required by applicable legislation.
