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 significantly, which is why stopping unhealthy 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 danger detection and enforcement instruments embrace:
- Blockchain analytics to hint the move of property throughout networks
- Behavioral monitoring to establish uncommon or high-risk account exercise
- Sample recognition programs to flag identified indicators of fraud or scams
- Compliance controls aligned with FATF, FinCEN, FCA, and different world regulatory frameworks
No place for illicit property
Kraken doesn’t enable using its platform for any exercise involving fraud, theft, scams, or different legal habits. Our Phrases of Service prohibit depositing or withdrawing fiat or crypto that’s suspected to originate from or assist legal habits. Misusing our platform is not going to 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 probably illicit funds
- Reporting incidents to legislation enforcement, regulators and monetary intelligence models
- Banning people from our platform completely
We additionally collaborate intently with world 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 companies and blockchain intelligence corporations. Collectively, we work to strengthen trade requirements and disrupt criminality throughout the crypto house.
We additionally consider in empowering our purchasers to remain protected. Our Crypto Security Information provides suggestions and sources to assist customers acknowledge threats and shield their property.
We encourage all purchasers to:
- Keep vigilant and report any suspicious exercise by means of our Help Heart instantly
- Keep knowledgeable about greatest practices for account and asset safety by means of our Crypto Security Information
- Keep away from enabling or interacting with probably fraudulent habits
- Use Kraken just for legit, 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 simply attainable by means of collective duty. Our compliance and safety groups work across the clock to guard our platform and its customers – however making a safe atmosphere takes all of us.
