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BetterLytix Tech LLC – AML & CFT Compliance Statement

Last Update: November 26, 2025

1. Purpose of This Statement

This AML & CFT Compliance Statement (“Statement”) outlines the measures taken by BetterLytix Tech LLC (“we”, “our”, “us”) to prevent misuse of our Platform for money laundering, terrorist financing, fraud, or unlawful financial activity.

Although BetterLytix Tech LLC does not provide financial services and does not handle user funds, we voluntarily follow international AML/CFT best-practice standards to ensure platform integrity and compliance with global regulations.

2. Nature of Business (Core Classification)

BetterLytix Tech LLC operates exclusively as:

A Data Analytics & Insights Provider

We analyze sports-related data using AI-assisted statistical modelling and provide insights purely for informational and educational purposes.

An Educational Platform

Through BetterLytix Academy, we offer digital courses in entrepreneurship, technology, mindset, and strategic thinking.

A Software-as-a-Service (SaaS) Platform

We provide digital access to dashboards, analytics, and community tools.

We do NOT:

  • store or manage user capital
  • process, forward, or handle bets
  • operate as a gambling platform
  • act as an investment or brokerage service
  • provide financial, tax, or trading advice
  • promise profits, outcomes, or success
  • perform automated betting or execution

This classification avoids all financial licensing requirements under Nevis law and international frameworks.

3. AML/CFT Risk Assessment

We have performed a dedicated evaluation of AML/CFT exposure and determined:

Low Risk

because:

  • no user deposits
  • no custodial balances
  • no financial transactions between members
  • no payouts except for affiliate commissions
  • no betting execution
  • no wallet management

The only financial activity is:
➡ receipt of membership fees
➡ payment of affiliate commissions (USDT/C)

4. Policies for User Verification (KYC Light)

While our business model does not legally require full KYC procedures, we implement internal KYC-light rules to mitigate risk:

Required for Affiliate Payouts:

  • full name
  • country of residence
  • valid email
  • phone number
  • blockchain wallet address (USDT/C TRC20/ERC20)

Optional Enhanced Checks (at our discretion):

  • ID verification in case of suspected fraud
  • proof of residence if required by compliance review
  • additional documentation if mandated by law enforcement requests

BetterLytix Tech LLC reserves the right to deny payments if verification requirements are not met.

5. Monitoring & Fraud Prevention Measures

We actively monitor:

✔ Irregular affiliate activity

(suspicious referrals, multi-accounting, fake sign-ups, fraud attempts)

✔ Abnormal access or bot usage

✔ Abuse of refund/chargeback mechanisms

✔ Suspicious wallet activity

(based on chain-analysis risk scoring)

✔ Use of VPN or location masking tools (risk-based review)

If suspicious activity is detected, we may:

  • freeze access
  • request additional information
  • block payouts
  • terminate accounts
  • report incidents to regulators or law enforcement where required

6. Prohibited Use of the Platform

Users may NOT use BetterLytix Tech LLC for:

  • money laundering
  • terrorist financing
  • fraudulent schemes
  • tax evasion
  • cashflow washing
  • Ponzi/promotional scams
  • investment solicitation
  • illegal gambling activity
  • abuse of affiliate systems

Violations result in immediate termination of access.

7. Crypto Policy (USDT/C Payouts)

We use USDT/C (TRC20/ ERC20) for affiliate payouts.

To ensure AML-compliant crypto flows:

  • wallet addresses are screened prior to payouts
  • high-risk addresses (mixers, darknet, sanctions) are rejected
  • we do not accept or process inbound crypto payments
  • we keep internal transaction logs for regulatory purposes

BetterLytix Tech LLC never holds customer crypto funds.

8. Cooperation With Authorities

We fully cooperate with legitimate requests from:

  • Nevis Financial Services Regulatory Commission (FSRC)
  • Local and international law enforcement
  • Sanction authorities
  • Payment processors
  • Blockchain forensic services

Requests are processed according to the applicable Nevis laws.

9. Record Keeping

We maintain digital logs for:

  • subscription and payment records
  • affiliate payout information
  • IP/session metadata
  • suspicious activity reports
  • compliance-related correspondence

Standard retention period: 5 years

10. Staff Training & Internal Controls

All persons with administrative access receive training in:

  • AML/CFT basics
  • fraud pattern recognition
  • data protection and privacy
  • handling of suspicious activity

Internal access rights follow a least-privilege model.

11. Updates to This Statement

BetterLytix Tech LLC may update this Statement at any time to reflect:

  • changes in law
  • updates from PSPs
  • new compliance procedures
  • evolving risk profiles

Updates come into effect immediately upon publication.

12. Cross-Document Acceptance

By accessing or using any BetterLytix Tech LLC service, you confirm that you:

  1. have read, understood, and accepted this document in full,
  2. acknowledge that this document operates together with all other legal documents published by BetterLytix Tech LLC, including but not limited to:
  1. agree that each of these documents complements and reinforces the others as part of a unified legal framework,
  2. acknowledge that all current and future BetterLytix legal documents are binding upon publication,
  3. accept that updates or additions to any legal document apply automatically to your continued use of the platform,
  4. agree that hyperlinks to such documents constitute valid and enforceable legal notice,
  5. understand that using the platform requires full acceptance of ALL current and future linked policies without exception,
  6. accept that any breach of any individual document may result in suspension, restriction, or termination of access,
  7. agree that the governing law for all documents is St. Kitts & Nevis,
  8. confirm that BetterLytix Tech LLC may modify, expand, or update these legal documents at any time,
  9. agree that continued use after any modification constitutes automatic acceptance,
  10. acknowledge that all cross-linked documents form the complete, binding legal agreement between you and BetterLytix Tech LLC.

13. Contact Information

For AML-related inquiries:

office@betterlytix.tech
BetterLytix Tech LLC
Hamilton Development, Unit B
Charlestown, Nevis
West Indies