AML Policy

luckyblock.org.uk verifies user identity, monitors cryptocurrency transactions, and reports suspicious activity to prevent money laundering. Accounts may be suspended if illegal use is suspected.

Introduction

luckyblock.org.uk follows international AML and KYC standards set by our licensing authorities in Curaçao and Anjouan to keep the platform free from fraud, money laundering, and financial crime. As a UK user, you may occasionally be asked to verify your identity – particularly for large transactions or unusual account activity.

Our AML Objectives

We follow strict internal controls and legal obligations to detect and prevent financial crime. Our key goals include:

• Identifying and monitoring suspicious financial activity across all cryptocurrency transactions
• Verifying the source of funds deposited into user accounts
• Reporting high-risk activity to relevant authorities and licensing regulators
• Freezing accounts suspected of illegal use until investigation is completed
• Maintaining extensive records of all transactions for regulatory audit purposes
• Preventing the platform from being used for money laundering or terrorism financing

luckyblock.org.uk operates a risk-based approach to AML compliance, meaning that verification requirements may vary depending on transaction size, account activity patterns, and other risk indicators.

KYC Verification Process

We don’t ask for verification at every turn – but there are situations where we’re required to confirm who you are. Standard cryptocurrency deposits and withdrawals under set limits won’t trigger any checks, but the following situations may:

• Withdrawal requests exceeding £2,000 equivalent in cryptocurrency within a 24-hour period
• Cumulative deposits exceeding £10,000 equivalent over a 30-day period
• Suspicious transaction patterns such as rapid deposits and withdrawals
• Accounts flagged by automated monitoring systems for unusual activity
• Random compliance checks conducted as part of our AML program

The KYC verification process involves submission of the following documents:

• A valid government-issued photo ID (passport, driver’s licence, or national ID card)
• Proof of address dated within the last 3 months (utility bill, bank statement, or government correspondence)
• Selfie holding your ID next to your face (to prevent identity fraud)
• Source of funds documentation if requested (bank statements, payslips, or proof of cryptocurrency acquisition)

Make sure any documents you send are clear and fully visible – all four corners included. We’ll usually get everything reviewed within 24–48 hours. In the meantime, withdrawal access may be limited until verification is wrapped up.

What You Agree To

By using luckyblock.org.uk, you consent to:

• Follow all applicable AML laws and our internal policies
• Make sure any funds you deposit – whether cryptocurrency or fiat – come from legitimate sources
• Send over any verification documents we request within 14 days
• Understand that your account may be temporarily paused if illegal activity is suspected
• Work with us openly during any AML investigation or compliance review
• Be aware that failing to provide requested documents may lead to account closure and loss of funds

You further agree that you are not using luckyblock.org.uk to launder money, finance terrorism, or engage in any form of financial crime. Depositing stolen cryptocurrency, hacked funds, or proceeds from illegal activities is strictly prohibited.

Transaction Monitoring

luckyblock.org.uk employs automated systems to monitor all account activity in real time. Our monitoring systems flag transactions and patterns that may indicate money laundering, including:

• Large or unusual deposits pulled out again almost straight away
• Several accounts opened from the same device or IP address
• Funds being moved quickly between accounts
• Deposits coming in from high-risk wallets or cryptocurrency mixers
• Accounts where transaction volume far outweighs actual play activity
• Breaking up transactions into smaller amounts to stay under reporting thresholds – also known as smurfing

Flagged accounts are reviewed by our compliance team. If suspicious activity is confirmed, we may suspend the account, request additional documentation, or report the activity to relevant authorities.

Data Handling and Record Retention

luckyblock.org.uk securely stores all verification records in line with data protection laws and regulatory requirements. We regularly review account activity and:

• Cross-check personal data against international watchlists and sanctions databases
• Record all verification outcomes for regulatory audits
• Apply enhanced monitoring for high-risk profiles
• Retain transaction records and KYC documents for a minimum of 7 years after account closure
• Implement strict access controls to protect sensitive verification data

All data is stored on secure servers with encryption, and access is limited to authorized compliance personnel only.

Consequences of Non-Compliance

Failure to comply with AML/KYC requirements may result in:

• Temporary account suspension until verification is completed
• Permanent account closure if verification is not provided within 14 days
• Forfeiture of funds if the account is found to be involved in illegal activity
• Reporting of the account to law enforcement or regulatory authorities
• Legal action if criminal activity is suspected