Last updated: May 2026
1. Company
woncashgo.com ("Woncashgo" or the "Company") holds a valid Certificate of Operation. As part of its global operations, Woncashgo has established compliance measures commensurate with its services and products that are reasonably designed to deter and detect illicit activity on its platform. Such measures include onboarding and compliance screenings of its customers and transaction-based controls.
2. Company Policy Statement
Woncashgo expressly prohibits and rejects the use of its products for any form of illicit activity, including money laundering, terrorist financing or trade sanctions violations, consistent with various national anti-money laundering ("AML") laws, regulations and norms. Woncashgo continues to monitor norm-setting parameters promulgated by the Financial Action Task Force ("FATF") and certain gaming trade groups and will take necessary action as it deems appropriate to reflect changes in law.
Woncashgo’s intention is to follow global best practices in guarding against its products being used to facilitate such activities, including:
- Adoption of a written policy, procedures and controls reasonably designed to guard against money laundering, terrorist financing and trade sanctions violations;
- Designation of a compliance officer to oversee the implementation of the policy, procedures and controls;
- Provision of related education and training to relevant personnel; and
- Independent reviews, monitoring and maintenance of the policy, procedures and controls.
3. Know Your Customer and Transaction Monitoring
Woncashgo will apply appropriate user due diligence and ongoing monitoring measures using an automated system. Woncashgo will endeavor to prevent users from engaging in illicit or otherwise unauthorized activity.
Customer Due Diligence: Woncashgo has adopted a risk-based CDD that collects certain documentary and non-documentary information at account opening. The CIP consists of procedures for collecting baseline information, monitoring the risk profile associated with the underlying cryptocurrency wallet used to fund the user’s account, maintaining records of the information used to identify the user, and determining if a user appears on any list of known or suspected terrorists or terrorist organizations.
Identity and Age Verification: A third-party service provider supports Woncashgo’s ability to determine the strength of the identification information and will confirm that the user is permissible. The provider also confirms that the user does not appear to be located in a comprehensively-sanctioned or otherwise prohibited jurisdiction and searches global sanctions lists.
Geo-blocking: Woncashgo requires that through IP address-based geo-blocking, no gaming services will be offered in countries where such activity is not permitted, including United States, European Union, or other globally sanctioned jurisdictions including Iran, Cuba, North Korea, Syria and the Crimean region of Ukraine.
4. Enhanced Due Diligence and Ongoing Monitoring
Woncashgo performs ongoing monitoring on its users to detect any behaviors or indicators that might raise suspicions regarding money laundering and terrorism financing. Red flag indicators may trigger account or withdrawal suspension, requiring additional verification including full legal name, country of citizenship, permanent address, identification documents, and source of funds/wealth.
5. Transaction Monitoring
Woncashgo has established a transaction monitoring program with controls and processes to identify and detect unusual activity in real time. This includes:
- Transaction monitoring for sanctioned or prohibited jurisdictions
- Screening for sanctioned parties prior to issuing funding addresses
- Identification of unusual activity by monitoring account activity for unusual size, volume, pattern or type of transactions
- Anti-mixing measures to detect suspicious deposit or withdrawal patterns
- Blockchain analytics review for every crypto deposit or withdrawal
- Withdrawal threshold KYC requirements based on account risk characterisation
- Ban evasion detection using third-party software
- Time zone monitoring to detect geo-location spoofing
6. Education and Training
Woncashgo provides employees AML, anti-terrorist financing and trade sanctions compliance training on a periodic basis, as deemed appropriate.
7. Reporting
Woncashgo is obliged to report any unusual or suspicious transactions in accordance with applicable law. Customers that are identified as being on a sanctions list, linked to money laundering or terrorism financing or other criminal activities will be reported as suspicious activity to the relevant regulatory authority.
8. Contact
For questions regarding this policy, contact support@woncashgo.com.
