SharpBetX is committed to preventing money laundering, terrorist financing, fraud, and other illegal activities. This Anti-Money Laundering (AML) and Know Your Customer (KYC) Policy outlines the procedures we follow to comply with applicable legal and regulatory requirements.

1. Customer Identification

Before providing services, we may require users to verify their identity.

Verification may include:

• Government-issued photo identification

• Proof of address

• Date of birth verification

• Source of funds verification

• Payment method verification

2. KYC Verification

SharpBetX reserves the right to request KYC documentation at any time, including before processing withdrawals.

Users must provide accurate and authentic documentation.

Failure to provide requested documentation may result in:

• Account restrictions

• Suspension of withdrawals

• Account closure

3. Source of Funds

Where required, users may be asked to demonstrate the legitimate source of funds used on the Platform.

Examples include:

• Employment income

• Business income

• Investment returns

• Other lawful sources

4. Ongoing Monitoring

We monitor account activity to identify suspicious behavior, including:

• Unusual betting patterns

• Multiple account usage

• Rapid deposits and withdrawals

• Transactions inconsistent with user profiles

5. Prohibited Activities

The following activities are strictly prohibited:

• Money laundering

• Terrorist financing

• Fraudulent transactions

• Identity theft

• Use of stolen payment methods

• Creation of multiple accounts

• Circumvention of verification procedures

6. Reporting Obligations

SharpBetX reserves the right to report suspicious activities to relevant regulatory, financial, and law enforcement authorities without prior notice to the user where required by law.

7. Record Keeping

We maintain customer identification and transaction records for the period required by applicable laws and regulations.

8. Risk-Based Approach

SharpBetX applies a risk-based approach to customer due diligence and may require enhanced verification for higher-risk users or transactions.

9. Account Suspension

We reserve the right to suspend, restrict, or terminate accounts where:

• AML concerns arise

• KYC requirements are not satisfied

• Fraudulent activity is suspected

• Legal or regulatory obligations require such action

10. Policy Updates

This AML & KYC Policy may be amended periodically to reflect changes in legal, regulatory, or operational requirements.

By using the Platform, you agree to comply with all verification and compliance procedures implemented by SharpBetX.