This Anti-Money Laundering and Financial Crime Prevention Policy (Policy) describes how PoolSpace works to reduce the risk of fraud, money laundering, terrorist financing, and other illicit activity.

This Policy supplements the PoolSpace Terms of Use and Acceptable Use Policy.

PoolSpace is a technology platform that facilitates goal-based group funding coordination.

• PoolSpace does not hold customer funds.
• PoolSpace is not a bank or money transmitter.
• PoolSpace does not provide regulated financial services.

All payment processing, identity verification, sanctions screening, and regulatory compliance related to transactions are handled by Stripe, our third-party payment services provider.

• Reduce misuse of the platform for fraud or illicit activity.
• Support Stripe's compliance framework.
• Protect users and contributors.
• Maintain platform integrity.

Identity verification for payouts is performed by Stripe. Before Stripe can process payments or payouts for a connected account, the designated Recipient must complete Stripe's identity verification (KYC) process.

Stripe may collect government-issued ID, date of birth, address, or other documentation, and may verify bank account ownership.

Stripe pays available connected-account balances according to that account's payout schedule. PoolSpace pool closing only stops additional contributions.

PoolSpace does not independently perform regulated KYC beyond Stripe's verification process.

Stripe performs sanctions screening and regulatory compliance checks in connection with payment processing.

PoolSpace may restrict or suspend access to the platform if Stripe blocks a user for compliance reasons, we detect behavior inconsistent with platform policies, or action is required by law enforcement or legal obligation.

PoolSpace monitors platform activity for patterns that may indicate misuse, including unusual pool creation patterns, repeated account creation, suspicious pool descriptions, and attempts to circumvent verification processes.

Higher-risk situations may result in additional review, temporary suspension, or requests for clarification or documentation.

Where appropriate, PoolSpace may share information with Stripe, cooperate with law enforcement, and suspend or disable accounts pending investigation.

Stripe is responsible for filing any required regulatory reports related to payment activity.

If suspicious or prohibited activity is detected, PoolSpace may suspend or terminate user accounts, disable or remove Pools, restrict platform access, or prevent further contributions.

PoolSpace does not directly reverse or freeze funds. Stripe may restrict or delay payouts in accordance with its regulatory obligations.

Users agree to provide accurate information, complete Stripe's verification processes truthfully, not attempt to bypass identity or compliance controls, and use the platform only for lawful purposes.

Failure to comply may result in account suspension.

PoolSpace maintains records of account information, Pool content, and transaction metadata received from Stripe. Stripe maintains regulated financial transaction records.

This Policy may be updated periodically to reflect changes in laws, Stripe requirements, or platform operations. Continued use of the Services constitutes acceptance of the updated Policy.

This Policy is governed by the laws specified in the PoolSpace Terms of Use.