Minotaurus KYT/AML Policy
Last Updated: March 1, 2026
Policy Objective: The purpose of the Minotaurus KYT/AML Policy is to identify clients involved in transactions, particularly when there is a reasonable suspicion that the client is misusing the Minotaurus platform or participating in unlawful activities.
Circumstances Triggering KYT Measures: This policy comes into effect when there are suspicions of illegal activities, such as potential money laundering or attempts to launder digital assets obtained through unlawful means or from criminal sources. To enforce this policy, Minotaurus will utilize legal information, third-party digital asset origin analysis tools, and proprietary transaction screening systems.
Minotaurus Rights and Measures
- Request for Additional Information: Clients may be required to provide further details about the origin of their digital assets and/or evidence that the assets were not acquired through illicit activities.
- Account Suspension and Reporting: Minotaurus reserves the right to suspend any client-related operations and report the incident, including all relevant information and documentation.
- Identity Verification: Clients must submit documents confirming their identity, physical presence, residential address, and financial stability.
- Controlled Asset Return: Digital assets will be returned only to their original source or to other accounts following a thorough verification of their legal origin by Minotaurus's security team.
- Restrictions on Third-party Withdrawals: Minotaurus may deny client requests to transfer funds to third-party accounts without explanation.
- Funds Withholding: Client funds will be retained until a comprehensive investigation is concluded.
- Monitoring Transaction Chains: All transaction chains will be continuously monitored to detect any suspicious activities.
- Service Denial for Suspicious Asset Origin: Minotaurus reserves the right to deny services to clients if there are reasonable suspicions about the legality of the digital assets' origins. In such cases, funds will be held in designated Minotaurus accounts.
- Extended Service Denial and Fund Retention: If it is not possible to trace the entire chain of the digital assets' movement since their inception, Minotaurus maintains the right to deny services and retain funds in special accounts.
For any questions regarding this policy, please contact [email protected].