American Estate & Trust, LC.'s (the "Company") Anti-Money Laundering and Identity Verification Policy (the "AML Policy") is committed to detecting, preventing and reporting attempts to use its Harborly platform ("Harborly") to illegally launder money, to finance illegal activities such as terrorism and drug trafficking, or to commit fraud.
The Company recognizes that, as any financial system, decentralized and distributed digital currency and payment systems in which payments are processed and secured by advanced cryptography and distributed computing power instead of a central bank, company or government pose a risk of illegal uses. However, the Company believes that the legitimate use of cryptocurrencies provides a myriad of benefits to the global economy. The Company has implemented its AML Policy to address the specific risks posed by its services and has established specific controls to address such risks, in each case, as may be required by law.
It is the Company's policy to comply with applicable laws and regulations regarding AML and identity verification, and to detect and prevent the use of Harborly for money laundering or to facilitate criminal or terrorist activities. While the Company is committed to protecting its users' privacy, it will not allow people to use Harborly to launder money, commit fraud or other financial crimes, finance terrorist activities, or facilitate other illegal or nefarious conduct.