ToS Checker

These lines were automatically extracted from the ToS of houdini swap.

• ANTI-MONEY LAUNDERING (AML) REGULATIONS

  Found at: 2023-08-09 Last seen: 2023-10-02

• We maintain a Know-Your-Customer (KYC) policy to comply with Record keeping Requirements. If your proposed purchase is flagged through our internal controls or an exchange partner’s internal controls, we reserve the right to refund your exchange, less any applicable fees incurred by the Company during such refund process.

  Found at: 2023-08-09 Last seen: 2023-10-02

• Houdini Swap is not to be used in any way, either directly or indirectly, as a means, tool, or other mechanism as a platform for criminals or for those with criminal intentions. Exchange partners that Company works with each maintain strict AML policies as it relates to criminal activity. Exchange partners may freeze a swap if there is an active, ongoing, law enforcement investigation related to the sending or receiving address. Houdini Swap has implemented policies and procedures to facilitate proper escalation protocols to be followed with regulatory authorities and agencies should an investigation warrant.

  Found at: 2023-08-09 Last seen: 2023-10-02

• Traditional cryptocurrency exchanges face a multitude of regulatory obligations spanning the safekeeping of digital assets and custodianship to adhering to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance. These exchanges also must obtain necessary licenses, such as Money Services Business (MSB)/Money Transmitter License (MTL) and broker-dealer, while complying with trade surveillance protocols and navigating privacy laws. To make matters more challenging, exchanges must manage a litany of rules at the local, regional, and international levels if they wish to provide public services.

  Found at: 2023-08-09 Last seen: 2023-10-02

• To evaluate an exchange partner’s policies, we start with the basics by looking at their AML compliance policies, anti-crime measures, and privacy policies around safeguarding the privacy of our users and their information.

  Found at: 2023-08-09 Last seen: 2023-10-02

• Our exchange partners' AML compliance policies must mandate screening of all transactions. Exchange partners screen transactions through dedicated deposit addresses. Funds sent into these deposit address undergo thorough checks for sanctions, criminal activity, or ongoing investigations. If a transaction is linked to an active investigation, funds are frozen and returned to law enforcement. Other high-risk transactions may require user KYC or may simply be refunded. Our priority is the safety and integrity of our platform, protecting users from illicit activities. We are not a platform for criminals and never will be.

  Found at: 2023-08-09 Last seen: 2023-10-02

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