Official statement from EXMO on Elliptic allegations

EXMO rejects the allegations, suggesting that it has assisted in sanctions evasion. The article published by Elliptic creates a misleading narrative that is harmful to EXMO’s reputation and does not accurately reflect our compliance framework or operational structure.

Sanctions compliance and transaction screening

Sanctions compliance is a core element of EXMO’s governance and risk management system. All customer transactions are screened using advanced blockchain analytics tools.

Transactions involving sanctioned or high-risk addresses are automatically detected, escalated for review, and, where necessary, blocked in strict accordance with applicable laws and internal policies.

Clarification on domains

EXMO.com operates fully independently from exmo.me and has no operational control over, or business involvement with, that entity.

For the avoidance of doubt, EXMO.com does not share the same custodial wallet infrastructure. Any assertion to the contrary is false and misrepresents our operations.

Position and ongoing communication

EXMO treats any allegation of non-compliance with utmost seriousness. We remain fully committed to regulatory compliance and maintain active cooperation with competent authorities in relevant jurisdictions.

We are currently in communication with Elliptic regarding the allegations raised in the blog post.