Restricted activities

Money laundering, terrorism financing, or evasion of international sanctions

Use of coin tumblers, mixers, or privacy-focused cryptocurrencies (e.g., Monero, shielded Zcash) to obscure fund flows

Operation of unregistered or unlicensed money service businesses, financial institutions, or virtual asset service providers

Transactions involving or benefiting sanctioned individuals, entities, or jurisdictions designated by international sanctions authorities (e.g., UN, EU, OFAC)

Accessing Services from or routing transactions through restricted jurisdictions, or using VPNs or proxies to mask location

Ponzi, pyramid, or MLM schemes, HYIPs, or similar financial frauds

Market manipulation activities including spoofing, wash trading, and pump-and-dump schemes

Impersonation, submission of false or stolen KYC documents, or unauthorized access to Sheepy systems

Unlicensed securities offerings, investment advisory services, or token sales (e.g., ICOs, IEOs, IDOs)

Unauthorized financial services such as lending, escrow, insurance, or brokerage

Sale or distribution of illicit drugs, controlled substances, chemical precursors, firearms, explosives, counterfeit goods, human organs, or endangered species

Operation of marketplaces (including on the dark web) facilitating any of the above

Unlicensed gambling, betting, lotteries, or games of chance

Unlawful or exploitative adult content, including escort or companionship services where prohibited

Distribution of malware, ransomware, spyware, or other malicious code

Phishing, denial-of-service attacks, credential stuffing, or other forms of cybercrime

Unauthorized scraping, data harvesting, or reverse engineering of Sheepy’s infrastructure

Misrepresentation of partnership, affiliation, or endorsement by Sheepy

Creation of multiple accounts to bypass restrictions or abuse of referral or fee structures

Operational abuse, including excessive chargebacks or transactional disputes.