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Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) Policy

it perpvia
Updated

perpvia is committed to maintaining high standards of compliance in global crypto asset services. This article explains perpvia’s policy framework and user obligations regarding anti-money laundering (AML) and counter-terrorist financing (CTF), helping you understand why perpvia requires certain verification processes and under what circumstances the platform may impose restrictions.

Contents

 

What is Anti-Money Laundering

Anti-Money Laundering (AML) refers to a set of laws, regulations, and internal corporate control measures designed to detect, prevent, and report the disguising of criminal proceeds as legitimate funds.

Counter-Terrorist Financing (CTF) is a related policy framework specifically targeting the funding of terrorist activities.

Due to characteristics such as global reach and rapid settlement, crypto assets are under high scrutiny by regulatory agencies worldwide. All compliant crypto asset service providers must establish robust AML/CTF systems.

 

perpvia’s AML Commitment

perpvia strictly complies with the anti-money laundering and counter-terrorist financing laws and regulations of the jurisdictions in which it operates. The main commitments include:

  1. Customer Identification (KYC / Know Your Customer): Verifying the identity of all users to ensure accounts are legitimately owned.
  2. Ongoing Due Diligence: Continuous monitoring of account activity to identify abnormal transaction patterns.
  3. Sanctions List Screening: Regularly screening users against international sanctions and high-risk lists.
  4. Suspicious Activity Reporting: Reporting suspicious transactions to authorized authorities as required by law.
  5. Cooperation with Law Enforcement: Complying with investigations upon receiving lawful and valid requests.
  6. Staff Training: Providing regular compliance training for relevant employees.
  7. Record Retention: Keeping KYC and transaction records as required by the laws of various jurisdictions.

 

Identity Verification (KYC) Requirements

To fulfill AML obligations, perpvia requires all users to complete identity verification. For detailed instructions, please refer to “How to Complete Identity Verification”.

KYC typically includes:

  • Full legal name and identification number
  • Government-issued valid identification documents
  • Facial biometric liveness detection
  • Proof of residential address (in certain scenarios)

Enhanced Due Diligence (EDD): In the following cases, perpvia may require users to provide additional information:

  • Large or frequent transactions
  • Involvement with high-risk jurisdictions
  • Unclear source of funds
  • Politically Exposed Persons (PEPs) and their associates
  • Alerts triggered by system monitoring

Transaction Monitoring and Suspicious Activity Reporting

perpvia conducts continuous automated and manual monitoring of account activities to identify behaviors that may involve money laundering, fraud, market manipulation, or other illegal purposes.

Common suspicious activity indicators include (but are not limited to):

  • On-chain interactions associated with sanctioned lists, high-risk addresses, or known illicit services (such as mixers or dark web marketplaces)
  • Rapid in-and-out transactions without clear business rationale
  • Dispersing assets to numerous addresses or accounts in a short time (structured transactions)
  • Multiple accounts operating in coordination, suspected to be controlled by the same beneficiary
  • KYC information significantly inconsistent with actual transaction behavior
  • Simultaneous occurrences of remote logins, device fingerprint changes, and large transactions

Once monitoring rules are triggered, perpvia may take the following actions:

  • Suspend withdrawals or trading for the related accounts
  • Request users to provide explanations of fund sources, transaction purposes, and other materials
  • Submit Suspicious Activity Reports (SAR) to relevant authorities as required by law
  • Terminate user agreements and freeze accounts

 

Sanctions and Restricted Regions

perpvia does not provide services to the following users:

  • Individuals or entities listed on major international or local jurisdiction sanctions lists (such as OFAC SDN, UN, EU, etc.)
  • Individuals or entities designated as terrorist organizations
  • Users from regions or jurisdictions explicitly listed as restricted by perpvia

 

User Obligations

By using perpvia’s services, you agree to:

  1. Provide truthful, complete, and accurate identity and contact information and promptly update it if there are any changes.
  2. Not hold accounts on behalf of others or lend or transfer your account.
  3. Not use the account for any illegal activities, including but not limited to money laundering, terrorist financing, fraud, ransomware payments, dark web transactions, or unauthorized securities or derivatives trading.
  4. Ensure the legality of fund sources. Cooperate with perpvia as needed to verify fund sources.
  5. Comply with local laws and regulations, including but not limited to tax reporting obligations.

 

Consequences of Violating AML Policy

If a user is found to violate this policy, perpvia may take one or more of the following actions:

  • Suspend or terminate the account
  • Restrict specific functions (withdrawals, trading, transfers, etc.)
  • Freeze related assets
  • Cooperate with law enforcement investigations
  • Reserve the right to pursue legal liability

For accounts with violations:

  • Assets may be temporarily frozen due to technical or compliance investigations
  • Legal procedures will be handled in accordance with the law
  • Users are liable to compensate perpvia for any losses incurred as a result

 

How to Report Suspicious Activity

If you suspect that an account, transaction, or behavior involves money laundering, fraud, or other criminal activities, you can report it by submitting a ticket through the Help Center.

Please provide the following information when reporting:

  • Involved account UID or external wallet address
  • Time and detailed description of the suspected behavior
  • Relevant on-chain TXID
  • Any other supporting evidence

perpvia keeps reporter information strictly confidential and cooperates with investigations in accordance with the law.

 

Policy Updates

This policy may be updated in response to changes in laws and regulations, regulatory requirements, or perpvia’s business adjustments. Significant changes will be announced in advance through the announcement center. Please check this article regularly for the latest policy updates.

Last updated: 2026.06.20

Disclaimer: This article is for policy explanation only and does not constitute legal advice. Specific legal obligations are subject to the laws and regulations of your jurisdiction, perpvia’s user agreement, and related supplementary agreements. For specific compliance questions, please consult a professional legal advisor. perpvia reserves the final right of interpretation of this policy.