Wager is committed to preventing money laundering, terrorist financing, and fraud. We implement Anti-Money Laundering (AML) and Know Your Customer (KYC) measures to ensure the safety and legality of our platform.

1. Know Your Customer (KYC)

To comply with legal requirements and ensure user safety, we may require users to verify their identity.

When Verification is Required

• When depositing or withdrawing amounts exceeding certain thresholds.
• When suspicious activity is detected on an account.
• Upon request by our compliance team.

Required Documents

We may request:

• Government-issued photo ID (Passport, Driver's License).
• Proof of address (Utility bill, Bank statement).
• Selfie for liveness verification.

2. Anti-Money Laundering (AML)

We monitor transactions to detect and prevent money laundering activities.

• Transaction Monitoring: All deposits, withdrawals, and wagers are monitored for unusual patterns.
• Source of Funds: We reserve the right to ask for proof of source of funds for large transactions.
• Wallet Screening: We screen wallet addresses against sanctions lists and known illicit addresses.

3. Fraud Detection

We employ advanced fraud detection systems to protect our users and platform.

• Multi-Accounting: Creating multiple accounts to bypass limits or abuse bonuses is prohibited.
• Collusion: Users found colluding to manipulate game outcomes or transfer funds will be banned.
• Suspicious Activity: Accounts exhibiting suspicious behavior may be temporarily suspended pending investigation.

4. Reporting

We are required to report suspicious transactions to relevant financial intelligence units and law enforcement agencies where applicable.