Anti-Money Laundering (AML)

BetPin operates within the framework of the FATF (Financial Action Task Force) recommendations and the European Union's anti-money-laundering directives (5AMLD and 6AMLD), and it regularly updates its internal policies to align with these standards.

The platform's controls are calibrated to the risk level of each user and transaction. Where a high risk is identified — including unusual transaction patterns or links to high-risk addresses — the platform may carry out enhanced due diligence, including requesting source-of-funds documentation, before processing a withdrawal.

All deposits and withdrawals are automatically screened for blockchain risk by the Chainalysis monitoring system. Transactions linked to blacklisted addresses — including sanctioned addresses, illicit marketplaces, and mixer services — are automatically blocked and reported for review.

Among the patterns flagged as suspicious activity are:

• Splitting amounts into several small consecutive deposits to circumvent control thresholds (structuring).
• Rapid withdrawal after a deposit, without meaningful betting activity.
• An unusual betting pattern, such as large bets on low-liquidity markets.
• Signs that the account is being controlled by someone other than its holder.

In suspicious cases, the platform is obliged to file a Suspicious Activity Report (SAR) with the relevant Financial Intelligence Unit (FIU) within a maximum of 30 days. In line with the tipping-off prohibition, the user is not informed that such a report has been filed.

The platform screens against the OFAC, European Union, United Nations, and United Kingdom sanctions lists and cannot accept users from comprehensively sanctioned jurisdictions. If a user's sanctions status changes, the account is immediately suspended and the balance is returned only after the official process and within the bounds of the regulations.

Transaction records, the checks carried out, and related reports are retained in line with the retention period set out in the Privacy Policy (up to 7 years) so that they can be provided to competent authorities if required.

BetPin fully cooperates with competent legal authorities and, upon receiving an official order, provides account information and transaction records within a maximum of 7 business days.