BetterLytix Tech LLC – Compliance Statement
Last Update: November 26, 2025
1. Purpose of This Statement
This Compliance Statement outlines the internal standards, procedures, and regulatory principles followed by BetterLytix Tech LLC (“we”, “our”, “us”) to ensure our operations remain lawful, transparent, and aligned with international best-practice expectations.
BetterLytix voluntarily implements strong compliance policies despite not being a financial institution, not handling user funds, and not performing regulated activities under Nevis or global financial laws.
2. Nature of Business – Classification
BetterLytix Tech LLC operates exclusively in the following areas:
- Data Analytics & AI-Assisted Insights
We convert raw sports-related information into structured, statistical data outputs.
- Education & Digital Courses
Through BetterLytix Academy, we provide entrepreneurship, mindset, and emerging-tech education.
- Software-as-a-Service (SaaS)
Users access analytics dashboards, account portals, and digital tools.
- Affiliate Program
Rewarding users for referrals with USDT payouts.
Not investment-based, not profit-sharing, not revenue-dependent.
- NOT a Financial Service
BetterLytix Tech LLC does NOT:
- manage, hold, or receive user capital
- provide trading or betting execution
- offer financial advice, brokerage, or investment management
- offer gambling services or operate a betting platform
- act as a custodian or money transmitter
- perform automated financial actions
This classification keeps BetterLytix outside of all regulated financial categories worldwide.
3. Regulatory Positioning (Nevis & International)
Under Nevis law (Nevis Business Corporation Ordinance) and international compliance frameworks:
- BetterLytix is a Non-Financial, Non-Gaming, Non-Custodial SaaS Company
This means we do not require:
- gambling licenses
- financial services licenses
- VASP licensing
- money transmission authorization
- broker/dealer compliance
- betting certifications
BetterLytix falls into the category:
“Digital Analytics & Education Service Provider.”
4. Voluntary Compliance Standards Implemented
Although not legally required, BetterLytix applies:
- AML/CFT voluntary standards
(Aligned with FATF guidance, risk-based approach)
- KYC-light for affiliate payouts
(to prevent fraud & sanctions exposure)
- GDPR Article 3(2) voluntary alignment
(for EU-based users)
- Internal risk assessments
to identify potential abuse or misuse
- Content Compliance
ensuring all analytics remain informational and NOT:
- betting signals
- financial advice
- promises of results
- performance guarantees
- Sanctions screening (risk-based)
for crypto payouts to avoid OFAC/EU/FATF issues.
5. Restricted Activities & Safety Measures
BetterLytix strictly prohibits the following on all platforms:
- illegal gambling or betting operations
- money laundering or terrorism financing
- fraudulent affiliate behavior
- misleading statements or income claims
- unauthorized reselling of analytics
- use of wallet addresses linked to high-risk activity
- bypassing access controls
- minors accessing analytical content
These prohibitions are enforced via:
- Terms & Conditions
- Acceptable Use Policy (AUP)
- AML & CFT Statement
- Affiliate Agreement
- Technical protections
- Manual compliance checks
6. Geographic Compliance
BetterLytix does not operate or accept affiliates in:
- OFAC-sanctioned countries
- UN/EU high-risk jurisdictions
- Countries where crypto affiliate payouts are restricted
- Countries with prohibitions on statistical sports analytics
We reserve the right to block access with geolocation filters.
7. Data Protection & User Privacy
BetterLytix adheres to:
- Nevis privacy rules
- Principles of GDPR
- Principles of international privacy frameworks
We collect minimal user data and do not sell or share information to third parties, except when required by law or payment processors.
A full overview is provided in the Privacy & Cookies Policy.
8. Affiliate Program Compliance
The affiliate program is structured to be:
- compliant
- non-financial
- non-investment-based
- transparent
- performance-neutral
Affiliates act as independent contractors, not as employees.
No income guarantees.
No profit-sharing.
No investment participation.
Clear tax responsibilities (per Tax Declaration).
9. Risk Management & Enforcement
BetterLytix reserves the right to:
- review accounts
- freeze affiliate payouts
- terminate access
- reject wallet addresses
- request verification
- report suspicious activity (where required by law)
BetterLytix Tech has zero tolerance for illegal or unethical use of the platform.
10. Cooperation with Authorities
BetterLytix cooperates with:
- Nevis FSRC
- Law enforcement (when legally required)
- Payment processors & compliance teams
- Blockchain analytics firms
All cooperation is strictly bound to legal and privacy standards.
11. Updates to This Statement
BetterLytix may update this Compliance Statement at any time to reflect:
- regulatory developments
- internal policy changes
- PSP requirements
- operational improvements
Updates become effective upon publication.
12. Contact for Compliance Matters
📧 compliance@betterlytix.com
BetterLytix Tech LLC
Hamilton Development, Unit B
Charlestown, Nevis
West Indies
13. Cross-Document Acceptance
By accessing or using any BetterLytix Tech LLC service, you confirm that you:
- have read, understood, and accepted this document in full,
- acknowledge that this document operates together with all other legal documents published by BetterLytix Tech LLC, including but not limited to:
- Terms & Conditions
- Privacy & Cookies Policy
- Data Processing Agreement (DPA)
- Refund & Cancellation Policy
- Acceptable Use Policy (AUP)
- Risk Disclaimer
- Affiliate Agreement
- Tax Declaration
- AML & CFT Compliance Statement
- Compliance Statement
- Terms of Access for Telegram
- Cookie & Tracking Declaration
- any additional legal documents, policies, guidelines, or statements that may be introduced in the future.
- agree that each of these documents complements and reinforces the others as part of a unified legal framework,
- acknowledge that all current and future BetterLytix legal documents are binding upon publication,
- accept that updates or additions to any legal document apply automatically to your continued use of the platform,
- agree that hyperlinks to such documents constitute valid and enforceable legal notice,
- understand that using the platform requires full acceptance of ALL current and future linked policies without exception,
- accept that any breach of any individual document may result in suspension, restriction, or termination of access,
- agree that the governing law for all documents is St. Kitts & Nevis,
- confirm that BetterLytix Tech LLC may modify, expand, or update these legal documents at any time,
- agree that continued use after any modification constitutes automatic acceptance,
- acknowledge that all cross-linked documents form the complete, binding legal agreement between you and BetterLytix Tech LLC.
