9X Technology LLC
Trade License Number: 1159890
Location: Dubai, United Arab Emirates
1. Introduction
9X Technology LLC, operating the digital marketplace Market of Gamers, is committed to complying with applicable Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) regulations in the UAE and internationally. While the nature of our business poses a low risk of money laundering, we maintain robust procedures to detect, monitor, and prevent misuse of our platform.
2. Business Model Risk Profile
- Market of Gamers facilitates transactions between verified buyers and sellers of digital goods (such as game accounts, items, currency, boosting services).
- Only sellers receive funds from the platform after fulfilling an order.
- All sellers must complete KYC verification before they can receive any payout.
- Funds are not automatically released; they are manually reviewed and approved by our internal team.
This one-way payout model, combined with full KYC and manual oversight, significantly reduces the risk of money laundering or terrorist financing.
3. KYC & Customer Due Diligence (CDD)
All sellers on the platform must complete a full KYC process, which includes:
- Government-issued ID upload
- Selfie for identity verification
- Proof of address (if required)
- Optional: Selfie with payment method (for higher-risk regions)
Buyers are not eligible to receive funds and are not required to complete KYC unless flagged by our system.
4. Transaction Screening & Monitoring
- Each payout request is manually reviewed by our team.
- Sellers must have a verified order history before funds are released.
- Suspicious behavior (e.g., irregular transactions, matching of buyer and seller details, VPN usage) triggers internal flags for review.
- We do not allow instant withdrawals, giving us time to validate all orders.
5. Sanctions Screening
We block or restrict users from OFAC-, EU-, or UN-sanctioned countries, and conduct geo-IP checks to prevent registrations from high-risk jurisdictions.
Users from the following countries are not permitted to register or transact:
North Korea, Iran, Syria, Cuba, Crimea (Ukraine), Belarus, Russia, Sudan, South Sudan, Venezuela, Afghanistan, Myanmar, and any other country under UAE or global financial sanctions.
6. Reporting and Record Keeping
- All KYC documents and transaction logs are securely stored for at least 5 years.
- Suspicious activities are escalated internally and may be reported to the UAE FIU.
- We maintain logs for every suspicious transaction flag, payout delay, or user report.
7. Staff Training and Oversight
- Our compliance team is trained to monitor user activity, review KYC submissions, and investigate suspicious behavior.
- Regular internal audits are conducted to ensure adherence to this policy.
8. Policy Maintenance
This policy is reviewed and updated at least annually or sooner in response to legal or operational changes. It is aligned with:
- UAE Federal Decree Law No. (20) of 2018
- Guidelines issued by the UAE Central Bank and Financial Intelligence Unit
- International best practices including FATF standards
Last updated: April 2025