We’re dedicated to sustaining the very best requirements of belief, safety and integrity. We do that to guard our purchasers whereas advancing our mission to speed up the worldwide adoption of crypto. We take our duty critically, which is why stopping dangerous actors from utilizing our platform is a key a part of our efforts.
Our method: A multi-layered protection
We take a proactive and rigorous method to detecting and stopping fraud, cash laundering and different illicit exercise. Our programs are constructed to establish threats early and reply shortly.
Our threat detection and enforcement instruments embrace:
- Blockchain analytics to hint the stream of property throughout networks
- Behavioral monitoring to establish uncommon or high-risk account exercise
- Sample recognition programs to flag recognized indicators of fraud or scams
- Compliance controls aligned with FATF, FinCEN, FCA, and different international regulatory frameworks
No place for illicit property
Kraken doesn’t enable using its platform for any exercise involving fraud, theft, scams, or different prison conduct. Our Phrases of Service prohibit depositing or withdrawing fiat or crypto that’s suspected to originate from or help prison conduct. Misusing our platform won’t be tolerated.
What occurs when suspicious exercise is detected?
When suspicious exercise is recognized, Kraken acts instantly. Enforcement actions could embrace:
- Freezing or closing accounts
- Limiting entry to doubtlessly illicit funds
- Reporting incidents to legislation enforcement, regulators and monetary intelligence items
- Banning people from our platform completely
We additionally collaborate carefully with international legislation enforcement and regulatory our bodies to disrupt illicit monetary flows and return stolen property when attainable.
Partnering for a safer ecosystem
Fraud prevention is a shared duty. That’s why Kraken maintains shut collaboration with regulatory our bodies, legislation enforcement businesses and blockchain intelligence corporations. Collectively, we work to strengthen trade requirements and disrupt criminal activity throughout the crypto house.
We additionally consider in empowering our purchasers to remain protected. Our Crypto Security Information affords ideas and assets to assist customers acknowledge threats and shield their property.
We encourage all purchasers to:
- Keep vigilant and report any suspicious exercise by our Assist Middle instantly
- Keep knowledgeable about finest practices for account and asset safety by our Crypto Security Information
- Keep away from enabling or interacting with doubtlessly fraudulent conduct
- Use Kraken just for authentic, lawful functions
By working collectively, you assist shield not solely your self however the broader group.
Collectively, we construct a greater crypto world
We firmly consider that belief is important for crypto to thrive. Making a safe and reliable digital asset ecosystem is just attainable by collective duty. Our compliance and safety groups work across the clock to guard our platform and its customers – however making a safe setting takes all of us.
