AML Policy

1. Overview

Wallet of USDT is committed to preventing the use of our software for money laundering, terrorist financing, or other financial crimes. This Anti-Money Laundering (AML) Policy outlines our approach to compliance given the non-custodial nature of our service.

2. Non-Custodial Nature

As a non-custodial wallet provider, Wallet of USDT:

• Does not hold user funds or digital assets at any time
• Does not execute transactions on behalf of users — users broadcast their own transactions to blockchain networks
• Does not have access to user private keys or the ability to control, freeze, or seize user funds
• Does not function as a money transmitter, virtual asset service provider (VASP), or financial intermediary

The wallet software enables users to interact directly with public blockchain networks. All transactions are peer-to-peer and recorded on the public blockchain ledger.

3. Compliance Approach

Despite our non-custodial nature, we take the following measures:

3.1 Prohibited Jurisdictions

We make reasonable efforts to restrict access from jurisdictions subject to comprehensive international sanctions. Users from these jurisdictions are prohibited from using the Service.

3.2 Prohibited Activities

Our Terms of Service explicitly prohibit the use of the wallet for:

• Money laundering or conversion of proceeds from criminal activity
• Terrorist financing
• Sanctions evasion
• Fraud, extortion, or blackmail
• Tax evasion
• Purchase or sale of illegal goods or services
• Any other activity that violates applicable laws

3.3 Third-Party Compliance

When users access third-party services through our app (such as Onramper for fiat-to-crypto purchases), those services maintain their own KYC/AML programs. Users may be required to complete identity verification through those providers.

4. Cooperation with Law Enforcement

We cooperate with law enforcement agencies in accordance with applicable laws:

• We will respond to valid legal process (subpoenas, court orders) to the extent we have relevant data
• The limited data we hold (usernames, notification tokens) may be disclosed when legally required
• We do not have access to transaction data beyond what is publicly available on the blockchain
• We cannot freeze, seize, or reverse user transactions as we do not control user wallets

5. Username Service Monitoring

For the optional username registration service, we:

• Reserve the right to remove usernames associated with suspected illegal activity
• May cooperate with law enforcement regarding username registration data
• Prohibit the use of usernames that impersonate entities involved in financial crimes

6. Risk-Based Approach

We adopt a risk-based approach to compliance:

• Regular review of regulatory developments affecting non-custodial wallets
• Assessment of services and features for potential AML/CFT risks
• Implementation of appropriate controls proportionate to identified risks
• Ongoing monitoring of industry best practices for non-custodial wallet providers

7. User Responsibilities

Users of Wallet of USDT are responsible for:

• Complying with all applicable AML/CFT laws in their jurisdiction
• Not using the wallet for prohibited activities as defined in our Terms of Service
• Meeting any KYC requirements when using third-party services accessed through the app
• Reporting to appropriate authorities if they suspect they have received proceeds of crime

8. Regulatory Developments

We actively monitor regulatory developments related to self-hosted wallets and non-custodial services globally. We will update this policy and our compliance measures as regulations evolve. Significant changes will be communicated to users.

9. Contact

For questions about our AML policy or to report suspicious activity:

• Email: [email protected]