Rules

Anti-Money Laundering (AML) Policy

NIMLAB LTD is committed to ensuring the highest standards of safety and compliance in the cryptocurrency exchange industry. We prioritize the protection of our customers' data and financial assets, taking comprehensive measures to safeguard against financial crimes and unauthorized activities.

To this end, NIMLAB adheres strictly to Anti-Money Laundering (AML) and Know Your Customer (KYC) policies. These measures are designed to prevent the misuse of our platform for activities such as money laundering, terrorism financing, and other illegal endeavors.

By using our cryptocurrency exchange services, you agree to the following terms and conditions:

1. Jurisdictional Restrictions

You confirm that you are not a citizen of, nor conducting transactions on behalf of citizens from countries listed on the Financial Action Task Force (FATF) black and gray lists, or the following specific jurisdictions: Afghanistan, American Samoa, U.S. Virgin Islands, Guam, Iran, Yemen, Libya, State of Palestine, Puerto Rico, Somalia, Democratic People's Republic of Korea, Northern Mariana Islands, United States, Syria, Russian Federation, Republic of Belarus, Republic of Sudan, Transnistria, temporarily occupied territories of Georgia, Turkish Republic of Northern Cyprus, Iraq, Western Sahara, Federal Republic of Ambazonia, Kosovo, South Sudan, Canada, Nicaragua, Trinidad and Tobago, Venezuela, and temporarily occupied territories of Ukraine.

2. Legal Compliance

You agree to comply with all applicable laws and regulations related to cryptocurrency exchange in your jurisdiction.

3. Source of Funds

You guarantee that all funds used for cryptocurrency transactions are legally acquired, and no funds originate from illicit sources.

4. Identity Verification

You agree to comply with our identity verification procedures, including the submission of all required documents and information for KYC purposes.

5. Monitoring and Reporting

In the event of any suspicion of illegal or fraudulent activities, NIMLAB reserves the right to suspend your transactions and report the incident to the relevant authorities.

6. Transaction Monitoring

All transactions conducted through our platform are monitored for compliance with regulatory requirements and to ensure security. Advanced technologies are used to analyze transactions, allowing for the prompt detection and prevention of potential financial crimes.

7. Prohibited Services

Transactions involving exchanges and services such as Garantex, Commex, Tornado Cash, Hydra, Blender.io, Capitalist, Stake, Lazarus Group, Genesis Market, ChipMixer, and Shinbad.io are strictly prohibited. Transactions with these platforms will be immediately blocked.

8. Security Recommendations

We strongly recommend that you take additional security measures, including the use of secure wallets, two-factor authentication, and keeping your software up to date.

9. Policy Enforcement

In case of a breach of our AML and anti-fraud policies, NIMLAB reserves the right to temporarily freeze your transactions for up to 30 days to conduct the necessary checks and investigations. If high-risk flags are identified, this period may be extended to ensure thorough compliance checks and risk mitigation.

10. Record-Keeping and Documentation

NIMLAB will retain the following records for five (5) consecutive years after the termination of the User relationship:

• Copies of or references to evidence obtained regarding a User's identity and details of User trading activities for five (5) years from the date of the relevant transaction.

• All User communications, including emails or recorded calls.

11. Enhanced Due Diligence (EDD)

NIMLAB applies Enhanced Due Diligence measures on a risk-sensitive basis in situations that present a higher risk of money laundering or terrorist financing. If standard identity evidence is deemed insufficient under our risk-based approach, additional information about a User may be required.

The extent of additional information gathered and the level of ongoing monitoring conducted will depend on the assessed risk level associated with the User or category of User. NIMLAB implements EDD for all Users due to the non-face-to-face nature of the business. This includes monitoring all transactions, IP addresses, and reviewing all crypto wallets involved in deposits and withdrawals. The EDD process is reviewed on an ongoing basis, with the Chief Compliance Officer (CCO) providing a quarterly report to the board for assessment and potential improvements.

NIMLAB also conducts further due diligence in the following scenarios:

• When dealing with individuals or entities from high-risk countries.

• When evaluating the background and purpose of complex, unusually large, or otherwise suspicious transactions.

• For accounts exhibiting high transactional activity.

• When dealing with Users who are Politically Exposed Persons (PEPs), on sanctions lists, or have adverse media.

The degree and nature of monitoring the business relationship will be increased to determine whether activities or transactions appear unusual or potentially criminal.

For any questions or concerns regarding the use of our service, please contact our customer support team.

NIMLAB is dedicated to fostering a secure environment for cryptocurrency trading. Our robust transaction monitoring and verification processes help ensure that all funds used on our platform are free from connections to criminal activities.