Anti-Money Laundering (AML) Policy‬

LFG.bet employs a risk-based approach to customer verification and transaction monitoring to meet its AML obligations. This includes:

3.1 Know Your Customer (“KYC”)

LFG.bet’s Customer Due Diligence (“CDD”) process involves verifying the identities of all customers before they can engage in financial transactions on the platform. The process includes:

• Collecting Key Customer Information

LFG.bet may collect essential information such as full name, address, date of birth, country, postal code, and wallet addresses for identity verification when required.

• Restricted Jurisdiction Blocking

During the registration process, players are informed that LFG.bet does not operate in certain restricted jurisdictions. An IP-based geo-blocking system restricts access from these regions.

• Sanctioned Jurisdictions Controls

LFG.bet restricts access to players from countries or regions subject to international sanctions. Players must confirm they are not located in any prohibited jurisdiction during registration.

• Sanctions Screening: LFG.bet screens player wallet addresses against international sanctions lists using third-party blockchain compliance tools before issuing a funding address.

3.2 Continuous Monitoring

LFG.bet continuously monitors all players activities to detect potential ML, TF, or other suspicious behavior. Monitoring includes:

• Transaction Monitoring

Automated and manual processes are used to monitor transactions for suspicious behavior. If any suspicious activity is detected, withdrawals may be temporarily blocked, and the customer may be required to provide additional documentation for verification.

• Periodic Screening for Sanctioned Parties

Players' wallet addresses undergo regular re-screening against international sanctions databases to ensure compliance with sanctions laws.

• Detection of Unusual Behavior

LFG.bet monitors accounts for unusual transaction patterns, volumes, or behavior that may indicate illegal activities.

• Prohibition of Anonymity-Enhancing Services

Tools such as mixers or tumblers that obscure the source of funds are strictly prohibited. Customers using such services will face account restrictions.

• Blockchain Analysis

All crypto transactions are subject to blockchain analysis tools to identify suspicious patterns. High-risk accounts may be asked to provide proof of the source of their funds.

• Withdrawal Threshold Review

If a customer’s withdrawal exceeds predefined thresholds, additional due diligence may be performed to verify the legitimacy of the funds.

• Ban Evasion Prevention

LFG.bet uses advanced tools to detect customers attempting to evade platform bans or restrictions, such as using multiple accounts or transferring funds between accounts.

• Time Zone Checks

Customer location data is verified to ensure compliance with jurisdictional restrictions and to detect any evasion attempts.

• Service Provider Monitoring

Third-party service providers are regularly reviewed to ensure their compliance with AML regulations. LFG.bet may update or replace service providers as needed to maintain compliance.

3.3 Deposit Turnover Requirement Before Withdrawal

In compliance with our license requirements and for AML purposes, LFG.bet requires that all deposits made by a customer be turned over once before they are eligible for withdrawal. This is a precautionary measure designed to ensure that all funds being withdrawn are not directly tied to illicit activity or money laundering schemes.

3.4 Bonus Turnover Requirement Before Withdrawal

In addition to deposit turnover requirements, bonus funds are subject to specific turnover conditions before they can be withdrawn. The turnover requirement for bonuses varies based on the terms of the promotion and will be clearly outlined in the Bonus Terms and Conditions, as well as in the customers My Profile → Promos Page. Customers must meet these wagering requirements before requesting a withdrawal of any bonus funds.

Please note that bonus funds are not eligible for withdrawal until all bonus-specific turnover requirements have been met, and failure to fulfill these conditions may result in the forfeiture of the bonus.

3.5 Enhanced Due Diligence (EDD)

If suspicious activity is detected, LFG.bet will conduct Enhanced Due Diligence (EDD), which may include:

• Verifying the full legal name, citizen, residential address, and government-issued identification.
• Reviewing the customer’s source of funds and wealth, including documentation such as bank statements or business records.
• Investigating the customer’s financial activities and transactions in more detail.

Third-party services may be employed to assist in verifying the customer’s information.

3.6 Account closer and Suspension

LFG.bet reserves the right to close or suspend accounts if any of the following conditions are met:

• Failure to provide requested identification information.
• Submission of fraudulent or falsified documents.
• Attempting to conceal the true location of the customer.
• Accessing the platform from restricted or prohibited jurisdictions.
• Being listed on sanctions databases or engaging in suspicious activities.
• Exhibiting signs of gambling addiction or other problematic behavior.
• Depositing funds originating from prohibited jurisdictions.

In addition, LFG.bet may suspend accounts based on other compliance-related concerns at its discretion.