11.9 Prohibited Activities
Activities that are strictly prohibited on CryptoBazaar and their consequences.
§Prohibited Activities
You must not use CryptoBazaar for any of the following:
(a) Money laundering or any activity that violates the Prevention of Money Laundering Act (PMLA) 2002 or any successor legislation.
(b) Tax evasion or concealment of taxable income or assets.
(c) Financing of terrorism or any activities prohibited under the Unlawful Activities (Prevention) Act.
(d) Trading on behalf of sanctioned individuals, entities, or jurisdictions.
(e) Using another person's identity, bank account, or wallet without their knowledge and consent.
(f) Manipulating trade outcomes - including submitting false UTRs, fabricating bank statements, or coordinating with a counterparty to deceive the Platform.
(g) Circumventing verification checks through technical means or third-party services.
(h) Posting listings for assets other than those supported by the Platform.
(i) Any other activity that is illegal under Indian law or any law applicable to you.
§Consequences of Violation
Violation of any of the above results in immediate suspension, forfeiture of any funds held in active escrow contracts to the relevant authorities, and reporting to law enforcement where required.
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