Using a risk based approach as part of KYC &amp. AML Compliance, Paxful has taken the following measures:</p> <ul> <li>Appointment of a Chief Compliance Officer who has the sufficient level of expertise and independence, has responsibility for the oversight of compliance with the relevant legislation, regulations, rules and industry guidance;</li> <li>Establishing and maintaining risk-based KYC, Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) Policy;</li> <li>Establishing risk-based tiers for verification of the Company's users (<i>refer to this Blog post</i>);</li> <li>Cooperation with law enforcement requests and local regulatory requirements;</li> <li>Filing of Suspicious Activity Reports (“SARs”);</li> <li>