1. Purpose and Basis
Given that money laundering activities can severely threaten the development of digital asset trading, promote and foster corruption, undermine social morality, damage users’ legitimate rights and interests, destabilize the sound operation of digital asset trading platforms, and increase legal and operational risks, SunX has formulated this guide to prevent money laundering and terrorism financing activities, and to fully comply with relevant AML and CTF laws.
2. Scope of Application
This guide applies to all registered users on the SunX platform (hereinafter referred to as the “Platform”). Users must comply with the anti-money laundering and counter-terrorism financing laws and regulations of the country or region where they reside. If the laws in their jurisdiction impose stricter requirements, users must follow those regulations.
3. Definition of AML and CTF
AML and CTF refer to measures taken to prevent illegal actors from using the platform to disguise or conceal the proceeds and sources of illegal gains derived from drug-related crimes, organized crime, terrorist activities, smuggling, bribery and corruption, financial fraud, and offenses disrupting financial management order, in accordance with applicable laws and SunX AML regulations.
4. Basic Principles of AML on the Platform
The Platform conducts customer risk monitoring based on the following principles:
Comprehensiveness: The Platform considers various risk factors that may indicate money laundering and reasonably monitors all customers. Prudence: The Platform enhances its ability to identify customers based on thorough understanding and exercises caution in risk monitoring. Continuity: The Platform continuously monitors customer risks and takes appropriate measures according to actual circumstances. Confidentiality: Customer identity information, transaction information, and risk level information are strictly confidential and will not be disclosed to any party except as required by law or regulators. Tiered Management: The Platform reviews customers’ basic information periodically according to their risk levels. Reviews for high-risk customers are stricter than those for low-risk customers.
5. User Document Verification
The Platform verifies and records the information submitted by customers in accordance with SunX’s customer identification procedures. If there is any doubt regarding the submitted documents, the Platform has the right to verify with relevant authorities or institutions.
6. Low-Risk User Monitoring
The Platform monitors low-risk users according to specific SunX AML requirements and reserves the right to adjust their risk level if necessary.
7. High-Risk User Monitoring
High-risk users are reviewed every six months. The Platform updates their basic identity information and understands the sources and uses of funds, economic status, or operational conditions.
8. User Precautions
Users should pay attention to the following:
It is prohibited to lend your account to others. It is prohibited to rent, lend, or disclose your identification documents. It is prohibited to rent, lend, or disclose your account, password, or other important personal asset information. Users must actively cooperate with the Platform in customer identification procedures.
9. Suspicious Activity Reporting
If a user discovers any account on the Platform that may be involved in money laundering or terrorism financing activities, they may report it to the Platform.
📅 SunX Global Operations Team – October 18, 2025, 20:44:59 CST
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