We are committed to maintaining the highest standards of trust, security and integrity. We do it to protect our customers while making our mission advance to accelerate the global adoption of crypto. We take our responsibility seriously, which is why preventing bad players from using our platform is a key element of our efforts.
Our approach: a multilayer defense
We adopt a proactive and rigorous approach to detect and prevent fraud, money laundering and other illicit activities. Our systems are designed to identify threats early and react quickly.
Our risk and application detection tools include:
- Blockchain Analytics to trace the flow of assets through the networks
- Behavioral monitoring to identify an unusual or high -risk account activity
- Patterned recognition systems to report known indicators of fraud or scam
- Compliance checks aligned with FATF, Fincen, FCA and other global regulatory executives
No room for illicit assets
Kraken does not allow the use of his platform for any activity involving fraud, theft, scams or another criminal behavior. Our service conditions prohibit the deposit or withdrawal of the Fiat or the Crypto which is suspected of coming or supporting criminal behavior. The misuse of our platform will not be tolerated.
What happens when suspicious activity is detected?
When suspicious activity is identified, Kraken acts immediately. Application measures may include:
- Freezing or closing accounts
- Restrict access to potentially illicit funds
- Report of incidents to the police, regulators and financial intelligence units
- Definitively prohibit individuals from our platform
We also collaborate in close collaboration with the world’s police and regulatory organizations to disrupt illicit financial flows and the return of stolen assets when possible.
Partnership for a safer ecosystem
Prevention of fraud is a shared responsibility. This is why Kraken maintains close collaboration with regulatory organizations, law enforcement organizations and blockchain intelligence companies. Together, we work to strengthen industry standards and disrupt illegal activity through cryptographic space.
We also believe in the empowerment of our customers to stay safe. Our cryptographic security guide offers advice and resources to help users recognize threats and protect their assets.
We encourage all customers to:
- Stay vigilant and report any suspicious activity through our support center immediately
- Stay informed of the best practices for the security of accounts and assets thanks to our cryptographic security guide
- Avoid activating or interacting with potentially fraudulent behavior
- Use Kraken only for legitimate and legitimate purposes
By working together, you help protect not only yourself but the wider community.
Together, we build a better world of cryptography
We firmly believe that confidence is essential for the crypto prosperous. The creation of a secure and trustworthy digital asset ecosystem is only possible thanks to collective responsibility. Our compliance and safety teams work 24 hours a day to protect our platform and its users – but creating a secure environment takes us all.
