Localmonero.co / Agoradesk.com may require KYC verification #9

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opened by HardenedSteel · 5 comments

HardenedSteel commented

Registration and user account

To access this site or some of the resources it has to offer, you may be asked to provide registration details in order to register a user account ("account"). It is a condition of use of this site that all the details you provide will be correct, current, and complete. If we at LocalMonero.co believe the details are not correct, current, or complete, we have the right to refuse you access to the site, or any of its resources, and to terminate or suspend your account. You may only act on your own behalf. Your account can not be used to act as an intermediary or broker for any person or entity. You may only use your own account to trade at LocalMonero.co and you may only use one user account at a time for trading. You are responsible for maintaining adequate security and control of any and all IDs, passwords, personal identification numbers (PINs), or any other codes that you use to access LocalMonero. You are not allowed to sell, borrow, share or otherwise make available your account or any detail necessary to access your account to people or entities other than yourself. Your account must not contain misleading or fraudulent information, including, but not limited to having a non-personal phone number, creating fake reputation information for your account, faking your country of origin or providing fraudulent identification documents. We may at any time require you to complete our ID verification process and may also require you to submit additional identification documents to LocalMonero if we deem it necessary. Failing to complete ID verification will be considered a violation of this agreement. We may close (upon which the account's Monero arbitration bond and fee balance will be forfeited), suspend, or limit your access to your account or to other Services we offer, and/or limit access to your Monero arbitration bond and fee balance for up to 180 days (or longer if pursuant to a court order or other legal process) if we consider that you are using the LocalMonero platform to scam other users or for any other unlawful purpose, or if we receive reports that you are communicating unlawful or defamatory messages to other users, or if LocalMonero is required by law to do so, or if you violate these Terms of Service or any other agreement you enter into with LocalMonero, or as otherwise specified in these Terms of Service or other agreement you have entered into with LocalMonero, or for any other reason in our absolute discretion. If you do not login to your account for over 180 days, your account and its Monero arbitration bond and fee balance will be considered as forfeited. We may also use proprietary fraud and risk modeling when assessing the risk associated with your account, high risk users are deemed to be in violation of this agreement. If we determine that you have at any previous point in time violated this agreement or any other agreement that you have entered into with us we will immediately close, suspend or limit your account and Monero arbitration bond and fee balance as per the terms outlined in this agreement.

> 6. Registration and user account > > To access this site or some of the resources it has to offer, you may be asked to provide registration details in order to register a user account ("account"). It is a condition of use of this site that all the details you provide will be correct, current, and complete. If we at LocalMonero.co believe the details are not correct, current, or complete, we have the right to refuse you access to the site, or any of its resources, and to terminate or suspend your account. You may only act on your own behalf. Your account can not be used to act as an intermediary or broker for any person or entity. You may only use your own account to trade at LocalMonero.co and you may only use one user account at a time for trading. You are responsible for maintaining adequate security and control of any and all IDs, passwords, personal identification numbers (PINs), or any other codes that you use to access LocalMonero. You are not allowed to sell, borrow, share or otherwise make available your account or any detail necessary to access your account to people or entities other than yourself. Your account must not contain misleading or fraudulent information, including, but not limited to having a non-personal phone number, creating fake reputation information for your account, faking your country of origin or providing fraudulent identification documents. **We may at any time require you to complete our ID verification process and may also require you to submit additional identification documents to LocalMonero if we deem it necessary. Failing to complete ID verification will be considered a violation of this agreement.** We may close (upon which the account's Monero arbitration bond and fee balance will be forfeited), suspend, or limit your access to your account or to other Services we offer, and/or limit access to your Monero arbitration bond and fee balance for up to 180 days (or longer if pursuant to a court order or other legal process) if we consider that you are using the LocalMonero platform to scam other users or for any other unlawful purpose, or if we receive reports that you are communicating unlawful or defamatory messages to other users, or if LocalMonero is required by law to do so, or if you violate these Terms of Service or any other agreement you enter into with LocalMonero, or as otherwise specified in these Terms of Service or other agreement you have entered into with LocalMonero, or for any other reason in our absolute discretion. If you do not login to your account for over 180 days, your account and its Monero arbitration bond and fee balance will be considered as forfeited. We may also use proprietary fraud and risk modeling when assessing the risk associated with your account, high risk users are deemed to be in violation of this agreement. If we determine that you have at any previous point in time violated this agreement or any other agreement that you have entered into with us we will immediately close, suspend or limit your account and Monero arbitration bond and fee balance as per the terms outlined in this agreement.

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pluja commented

Owner

I see. Thank you for reporting this. I will be reviewing it and trying to get an answer from @LocalMonero.

Tomorrow I will update it and add note on it.

I see. Thank you for reporting this. I will be reviewing it and trying to get an answer from @LocalMonero. Tomorrow I will update it and add note on it.

LocalMonero commented

This clause is to allow us to request ID verification in instances where there are clear reports of fraud and stolen bank accounts and similar instances. For example, if a trader reports to us that they've received a trade request and the buyer is paying from a 87 year old woman's bank account.

We don't conduct ID verification in any instance where there isn't a report and evidence that some form of fraud or scam is being committed.

This clause is to allow us to request ID verification in instances where there are clear reports of fraud and stolen bank accounts and similar instances. For example, if a trader reports to us that they've received a trade request and the buyer is paying from a 87 year old woman's bank account. We don't conduct ID verification in any instance where there isn't a report and evidence that some form of fraud or scam is being committed.

👍 2

pluja referenced this issue from a commit

add issue #9 to localmonero

pluja commented

Owner

Thank you for your clarification. Closing this isuue now and linking it from kyncot.me page.

👍 1

pluja closed this issue

pluja referenced this issue from a commit

Link to comment instead of issue (#9)

HardenedSteel commented

Poster

I think @pluja should update KYC-Level, which is wrong.

👍 2

pluja referenced this issue from a commit

Update LocalMonero and Agoradesk KYC levels (#9)

pluja commented

Owner

@HardenedSteel done!

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Localmonero.co / Agoradesk.com may require KYC verification #9