Money laundering is a blanket term used to describe the general practice of using a legitimate service to mask the proceeds of illicit activity. Electronic Currency Equities Exchange (ECEX) takes online fraud seriously, and will not be party to money laundering practices as pertain to online fraud wherever possible. As such the following policies are in place:

1) Non-Passthrough Policy. ECEX accounts cannot be used as a "passthrough" account where funds are deposited via one currency and withdrawn to another immediately or shortly thereafter with no meaningful level of trade activity.

2) Assurance of Compliance and Assistance. ECEX will work with partner/vendor sites and services associated with ECEX, including the electronic currencies with which we work, sites listed on our equities exchange, the Global Digital Currencies Association (GDCA) and other pertinent entities with whom ECEX maintains a relationship of explicit trust and implicit mutual benefit, to fight online fraud through voluntary cooperation on any fraud investigation for which verifiable and relevant proof is presented that the ECEX platform has been used to facilitate or further an incident of online fraud.