Sanctions, Restricted Use & Prohibited Jurisdictions

Version 1.0 — Last Updated: 18-11-2025

Chain-Fi is designed as a global security platform, but cannot be used in certain jurisdictions or by individuals/entities subject to sanctions.

This document outlines sanction compliance measures, restricted countries, and prohibited activities consistent with OFAC, EU, UN, UK, and other international frameworks.

1. Sanctioned Jurisdictions

Chain-Fi does not allow onboarding from:

North Korea
Iran
Syria
Cuba
Crimea, Donetsk, Luhansk (and any OFAC-designated regions)
Other sanctioned jurisdictions under UN/EU/UK/OFAC updates

Users from these regions are automatically blocked.

2. Sanctioned Persons & Entities

Chain-Fi prohibits use by:

Individuals listed on OFAC SDN list
UK HMT Consolidated List
EU Consolidated Sanctions List
UN Sanctions Lists
Entities owned 50%+ by sanctioned persons

We may implement:

Wallet screening
Identity/blockchain risk scoring
Enhanced due diligence for suspicious cases

3. Prohibited Use Cases

The platform may not be used for:

Money laundering
Terrorist financing
Ransomware operations
Dark-market transactions
Mixing/tumbling services
Fraud schemes
Stolen asset flows

Wallets linked to these behaviors may be blocked.

4. Risk Detection Tools

Chain-Fi may use:

Blockchain analytics tools
IP geolocation
Transaction pattern analysis
Device fingerprinting
Velocity checks

to comply with AML + sanctions requirements.

5. Appeals & Error Handling

Users who believe they were incorrectly flagged may contact:

Email: privacy@chain-fi.io

6. Legal Basis

These restrictions are required under:

OFAC (US)
UK OFSI
EU Sanctions Framework
UN Security Council sanctions
FATF recommendations

Chain-Fi complies with all relevant international sanction regimes.