Recently, funds being blocked on exchanges due to AML checks has become increasingly common. Let's examine the reasons and protection strategies.
Asset Freeze Precedents
An example includes the freeze in 2018 at Bitfinex where funds, including large amounts of USDT, were frozen due to suspected financial regulation violations. In 2021, Tether Limited froze $30 million in suspicious transactions affecting users uninvolved in illegal activities.
Verifying Cryptocurrency Purity
Increasing regulation demands careful verification of cryptocurrency purity to avoid risks of asset freeze or confiscation. This is critical for both private investors and companies.
Secure Cryptocurrency Solutions
Our service provides tools for verifying crypto-assets for AML compliance, minimizing the risk of regulatory issues and fund blockage.
With growing regulator attention, verifying cryptocurrency purity is a necessary measure. Use the right tools to minimize risks.
