Anti-Money Laundering (AML) Policy

1. POLICY STATEMENT

Task4Cash is a task completion and reward distribution platform. We are NOT a financial institution, bank, or money service business. However, we maintain Anti-Money Laundering (AML) procedures specifically for users who earn and withdraw SOL rewards.

Key Principles:

• AML procedures apply ONLY to users earning rewards
• Standard users browsing tasks are NOT subject to AML screening
• We only distribute rewards earned through legitimate task completion
• All reward withdrawals require appropriate KYC verification
• We do not accept deposits or provide financial services
• SOL is the only cryptocurrency used for reward distribution

2. SCOPE

This AML Policy applies ONLY to users who:

• Earn rewards through task completion
• Request SOL withdrawals
• Accumulate token balances
• Participate in referral reward programs

This policy does NOT apply to:

• Standard platform users who only browse tasks
• Users with zero reward balance
• Task viewing without earning rewards
• Platform information browsing
• Account creation without reward earning

3. RESTRICTED JURISDICTIONS

If an existing account is found to be from a restricted jurisdiction:

• Account will be immediately suspended
• Any earned rewards will be forfeited
• No SOL payments will be processed
• No appeals or exceptions will be considered

4. REWARD DISTRIBUTION THRESHOLDS

4.1 Standard Rewards (Under $10,000)

• Basic or Enhanced KYC as per KYC Policy
• Standard verification procedures apply
• Regular processing times

4.2 High-Value Rewards ($10,000 and Above)

For accumulated rewards of $10,000 USD equivalent or above:

• Maximum Security KYC Required:
  • Government-issued passport (mandatory)
  • Proof of address (within 30 days)
  • Video verification call
  • Source of effort declaration
  • Tax documentation may be required
• Additional Screening:
  • Enhanced sanctions list checking
  • PEP (Politically Exposed Person) screening
  • Adverse media screening
  • Manual review by compliance team
• Processing Time: 7-14 business days
• Jurisdiction-Specific Requirements: Additional documents based on user's country

5. SANCTIONS SCREENING

We screen users who earn rewards against international sanctions lists including:

• OFAC SDN List (United States)
• UN Sanctions List
• EU Consolidated Sanctions List
• UK HM Treasury Sanctions List

6. RED FLAGS

We monitor for suspicious activities including:

• Use of VPN or proxy from restricted countries
• Multiple accounts from same device/IP
• Unusual task completion patterns
• Attempts to circumvent KYC requirements
• False or altered documentation
• Rapid accumulation of rewards through suspicious means
• Account sharing or selling
• Bot or automation usage

7. REPORTING OBLIGATIONS

While we are not a financial institution, we may report to authorities when:

• Required by law or regulation
• Suspected illegal activity is detected
• Court orders or subpoenas are received
• Sanctions violations are identified

7.1 Internal Reporting

• Suspicious activities logged internally
• Compliance team review within 24 hours
• Escalation to management if warranted
• Documentation maintained for 5 years

7.2 Cooperation with Authorities

We cooperate fully with:

• Law enforcement investigations
• Regulatory inquiries
• Court orders and subpoenas
• International cooperation requests

8. BLOCKCHAIN MONITORING

For SOL transactions, we monitor:

• Wallet addresses for sanctions list matches
• Transaction patterns for unusual activity
• Known high-risk wallet interactions
• Mixer or tumbler service usage

9. RECORD KEEPING

We maintain records of:

• User Verification: KYC documents for 5 years after account closure
• Transaction Records: All reward distributions and blockchain transactions
• Screening Results: Sanctions screening outcomes and decisions
• Suspicious Activity: Investigation files and reports
• Compliance Actions: Account suspensions, terminations, and reasons

9.1 Data Security

• Encrypted storage of all compliance records
• Access limited to authorized personnel
• Audit logs for all data access
• Compliance with data protection laws

10. USER RESPONSIBILITIES

Users must:

• Provide accurate and truthful information
• Complete required KYC verification
• Not attempt to circumvent restrictions
• Not use the platform from restricted countries
• Report any suspicious activities observed
• Comply with their local laws and regulations

11. TRAINING

Our team receives training on:

• AML regulations and requirements
• Sanctions list screening procedures
• Red flag identification
• Escalation procedures
• Documentation requirements

12. POLICY UPDATES

This policy is reviewed and updated:

• Annually at minimum
• When regulations change
• When new risks are identified
• Based on operational needs

Users will be notified of material changes via email and platform notifications.

13. CONTACT INFORMATION