AML Policy

1. Introduction

EVPMARKET is committed to maintaining a secure, transparent, and compliant platform for prediction market and trading-related services.

EVPMARKET operates globally through independent legal entities. EVPMARKET US is operated by Verum Trading Systems LLC d/b/a EVPMARKET, a regulated Designated Contract Market. The international platform is operated by Nexum Global Ltd and is not subject to the same regulatory oversight. Trading predictions involves substantial risk and potential loss of capital. By using this site, users acknowledge and agree to the Terms of Service and Privacy Policy.

This Anti-Money Laundering and Counter-Terrorist Financing Policy (“AML Policy”) sets out the principles and controls adopted by EVPMARKET to help prevent its products and services from being used for money laundering, terrorist financing, sanctions evasion, fraud, market abuse, or other unlawful activity.

2. Policy Statement

EVPMARKET does not tolerate the use of its platform for illegal or unauthorized purposes. This includes, but is not limited to:

money laundering;
terrorist financing;
sanctions violations;
fraud or identity misuse;
use of stolen funds or proceeds of crime;
attempts to conceal a user’s location, identity, or source of funds;
activity prohibited by applicable laws, regulations, or platform rules.

EVPMARKET applies a risk-based approach to customer onboarding, transaction monitoring, sanctions screening, and account review. Where required or appropriate, EVPMARKET may request additional information from users, restrict account functionality, suspend activity, refuse transactions, or close accounts.

3. Key Definitions

Money Laundering means the process of disguising the origin, ownership, location, or control of funds derived from illegal activity.

Terrorist Financing means providing, collecting, or moving funds or assets intended to support terrorism, terrorist organizations, or terrorist acts.

Sanctions are restrictions imposed by governments or international bodies against certain countries, regions, individuals, entities, or activities.

Suspicious Activity means user behavior, transactions, account activity, or attempted activity that may indicate money laundering, terrorist financing, sanctions evasion, fraud, market manipulation, or other unlawful conduct.

Restricted Jurisdiction means a country, territory, or region where EVPMARKET does not offer services due to legal, regulatory, sanctions, risk, or internal policy reasons.

4. Governance and Oversight

EVPMARKET maintains internal controls designed to support compliance with this AML Policy. These controls may include:

written AML and sanctions procedures;
appointment of responsible personnel or compliance officers;
customer due diligence and enhanced due diligence measures;
sanctions and watchlist screening;
transaction and account monitoring;
internal escalation procedures;
recordkeeping;
employee training, where applicable;
periodic review and improvement of compliance controls.

EVPMARKET may rely on internal systems, third-party vendors, legal advisors, compliance service providers, blockchain analytics tools, identity verification providers, payment partners, and other external resources to support its compliance program.

5. Customer Due Diligence

EVPMARKET may collect and verify user information before or after account creation, before allowing certain platform activity, before processing withdrawals, or when risk indicators are identified.

Depending on the user’s risk profile and applicable requirements, EVPMARKET may request information such as:

full legal name;
date of birth;
country of residence or citizenship;
residential address;
email address and phone number;
government-issued identification document;
proof of address;
source of funds or source of wealth;
payment method or wallet information;
additional documents or explanations related to account activity.

EVPMARKET may refuse to onboard a user, limit account access, or suspend an existing account if the user fails to provide requested information, provides false or misleading information, or presents an unacceptable risk.

6. Sanctions and Restricted Jurisdictions

EVPMARKET may screen users, wallets, payment methods, counterparties, and transactions against applicable sanctions lists, watchlists, restricted jurisdiction lists, and other risk databases.

Users are prohibited from accessing or using EVPMARKET if they:

are located in, resident of, or ordinarily operating from a restricted jurisdiction;
are subject to sanctions or appear on a relevant sanctions or watchlist;
attempt to bypass geo-blocking or location controls;
use VPNs, proxies, false information, or other methods to conceal their true location or identity;
use funds connected to sanctioned persons, jurisdictions, services, wallets, or entities.

EVPMARKET may block, reject, freeze, or report activity where sanctions or restricted jurisdiction concerns are identified.

7. Transaction Monitoring

EVPMARKET monitors user activity on a risk-based basis to identify unusual, suspicious, or prohibited behavior. Monitoring may be automated, manual, or a combination of both.

Examples of activity that may trigger review include:

unusually large or frequent transactions;
activity inconsistent with a user’s profile;
rapid deposits and withdrawals without clear economic purpose;
use of high-risk wallets, payment methods, or counterparties;
links to mixers, tumblers, darknet markets, scams, stolen funds, or other high-risk sources;
attempts to create or operate multiple accounts;
inconsistent device, IP, timezone, or geolocation data;
attempts to manipulate platform rules, markets, or settlement mechanisms;
refusal or failure to provide requested verification information.

Where suspicious activity is detected, EVPMARKET may take appropriate action, including delaying or refusing transactions, requesting additional documents, restricting withdrawals, suspending accounts, terminating access, or filing reports with competent authorities where required.

8. Enhanced Due Diligence

EVPMARKET may apply Enhanced Due Diligence (“EDD”) where a user, transaction, payment method, jurisdiction, wallet, or pattern of activity presents higher risk.

EDD may include:

additional identity verification;
source of funds or source of wealth checks;
review of trading or prediction market activity;
review of wallet or payment history;
enhanced sanctions or adverse media screening;
manual compliance review;
ongoing monitoring at a higher risk level.

Failure to complete EDD may result in account restrictions, suspension, closure, or refusal to process transactions.

9. Prohibited Activity

Users must not use EVPMARKET to:

launder money or conceal proceeds of crime;
finance terrorism or unlawful activity;
violate sanctions or export control restrictions;
use false, stolen, or misleading identity information;
use another person’s account, payment method, wallet, or identity without authorization;
bypass verification, geo-blocking, or compliance controls;
deposit or withdraw funds connected to fraud, theft, scams, hacks, darknet markets, or other unlawful sources;
operate multiple accounts to evade limits or controls;
engage in activity that EVPMARKET determines to be abusive, suspicious, unlawful, or inconsistent with its Terms of Service.

EVPMARKET reserves the right to take any action it considers necessary to protect the platform, users, counterparties, and legal or regulatory interests.

10. Recordkeeping

EVPMARKET may retain records relating to user identification, verification, transactions, account activity, compliance reviews, risk assessments, and related communications for as long as required by applicable law, regulation, contractual obligation, or legitimate business purpose.

Records may be retained after account closure where necessary for compliance, dispute resolution, fraud prevention, legal defense, regulatory cooperation, or enforcement purposes.

11. Reporting and Cooperation

Where required or appropriate, EVPMARKET may report suspicious activity, sanctions concerns, fraud, or other unlawful conduct to competent authorities, regulators, law enforcement, payment partners, blockchain analytics providers, or other relevant parties.

EVPMARKET may also cooperate with lawful requests from regulators, courts, law enforcement agencies, and other authorized bodies.

12. Training and Review

EVPMARKET may provide AML, sanctions, fraud prevention, and compliance training to relevant personnel. This AML Policy may be reviewed and updated periodically to reflect changes in law, regulation, business operations, risk exposure, technology, or industry standards.

13. User Responsibility

By using EVPMARKET, users agree to provide accurate and complete information, comply with applicable laws, avoid prohibited activity, and cooperate with verification, due diligence, and compliance requests.

Use of EVPMARKET is subject to the Terms of Service, Privacy Policy, market rules, and any additional policies or notices published by EVPMARKET from time to time.