Unit LLC Privacy and AML/KYC Combatment Policies
Last updated: September 29, 2023
Unit LLC’ main priority is to make the platform 100% secure and easy to use for all clients and partners.
Our goal is to keep the personal information we receive completely confidential at all times. And even though we would never forward or distribute your personal information outside of our organization, we still have to tell you what we collect from you and how we use it. We may update this policy from time to time. Your continued use of this site indicates your agreement to the updated terms.
We collect specific types of personal information directly from you.
Depending on how you interact with our website and platforms, we may collect the following personal information about you:
We only use your personal information for specific business purposes related to the goods and services we provide, e.g.:
For the purposes mentioned above, we may share your personal information with the following categories of business partners:
We would like to specify that both we and our service providers currently process personal information on servers located in the Republic of Ireland and thus in the EU. We therefore abide by the rules and regulations established by the European Union, specifically, the GDPR. In connection hereto, you as a subject of data processing are entitled to the rights that the GDPR grants every individual located in the EU.
If you are a resident of California, our CCPA Privacy Policy applies to you. If you are located in the European Economic Area, the United Kingdom, or Switzerland (collectively “EEA+”), our EEA+ Privacy Policy may apply.
You specifically have legal rights to access, update, review or demand deletion of certain personal information as well as restrict or object to the use thereof. For your security, we may need to request specific information from you to verify your identity.
To review your personal information and/or to exercise your rights in accordance with the GDPR as well as in case of further questions, we encourage you to reach out to our Data Protection Officer, Alex Berstein, per email at privacy@Unit LLC.
We have put in place technological, physical and administrative procedures to protect your personal information from loss, misuse, unauthorized access, disclosure, alteration, and destruction, taking into account the risks involved in the processing and the nature of the personal information. In case of a suspected breach of personal information, we will notify you and any local regulator without a delay.
Unit LLC Supplemental CCPA Privacy Policy
As mentioned in our other privacy disclosures, we don’t sell your personal information, but the privacy laws of California, including the California Consumer Protection Act of 2018 (“CCPA”), require us to provide some information about our data processing practices to California residents.
If you are a resident of California and not part of our workforce, this Supplemental CCPA Privacy Policy applies to you. However, this Privacy Policy does not reflect our collection, use or disclosure of California residents’ personal information where an exception under the CCPA applies.
As a California resident, you have the right to request that we disclose what personal information we collect, use, and disclose about you specifically (“right to know”), and the right to ask that it be deleted. To submit a request to exercise the right to know or to delete, please submit a request, with the details you would like to know or delete, by email to privacy@Unit LLC and include “California Request to Know or Delete” in the subject line.
We may need to verify your identity, and/or ask you to confirm your request. If we deny your request, we will explain why.
You also have the right to opt-out of the sale of your personal information by a business. We do not sell personal information, so there is no need to opt-out. We do not have actual knowledge that we sell the personal information of minors under 16 years of age.
You have a right not to receive discriminatory treatment based on the exercise of your privacy rights under the CCPA.
We do not currently offer any financial incentives in exchange for the retention or sale of California residents’ personal information.
You can designate an authorized agent to make a request under the CCPA on your behalf if your authorized agent is a natural person or a business entity registered with the Secretary of State of California, and you sign a written declaration that you authorize the authorized agent to act on your behalf.
If you use an authorized agent to submit a request under the CCPA, please have the authorized agent take the following steps in addition to the steps described in Section 1 above: (1) Email a notarized copy of your written declaration authorizing the agent to act on your behalf to the address listed below and (2) Provide any information we request from you to verify your identity and that you provided the authorized agent permission to submit a request under the CCPA on your behalf.
We have set out in the Privacy Policy the categories of personal information we have collected about California residents in the past 12 months as well as the sources, business or commercial purposes, and categories of third parties with whom we shared the personal information. We collect this information directly from California residents who use our website or subscribe for our services. We may also collect some information about a California resident’s interests and preferences from a third-party source where they or their organization make such information publicly available, such as on their organization’s public website.
Unit LLC Supplemental EEA+ Privacy Notice
If you are located in the European Economic Area, the United Kingdom, or Switzerland (EEA+), and access our website, subscribe for Unit LLC services in your personal capacity, or use Unit LLC services as an authorized user of an organization that subscribes for Unit LLC services, this Supplemental EEA+ Privacy Notice applies to you.
As mentioned in our other privacy disclosures, we don’t sell your personal information, but the data protection laws of the EEA+, including the General Data Protection Regulation (“GDPR”), require us to provide information about our data processing practices to certain people in the EEA+.
The controller of data responsible for collection, processing and storage of your personal data is Unit LLC.
We minimize the amount of data collected from you to the minimum extent required by the business reasons and rely on the following legally defined goals for processing:
More information is provided below. Please contact us if you need details.
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Purpose of Use or Disclosure |
Legal Basis and Legitimate Interest |
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To manage our relationship with customers, such as communicating with them about our goods and services, providing customer service, and notifying them of changes to our terms or privacy policy |
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To process and deliver customer orders, and manage payments, fees and charges |
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To administer and protect our business and services, including troubleshooting, and performing data analysis, testing, system maintenance, support, reporting and hosting of data |
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To understand what may be of interest to a customer, deliver relevant news, offers and other content to a customer, and measure or understand the effectiveness of the content, in accordance with applicable laws |
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To use data analytics to debug, optimize, and improve our products and services, marketing, customer relationships and experiences |
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To detect, prevent, or otherwise address fraud, security or technical issues, including by monitoring and enforcing compliance with our terms of use, appropriate use policies, and privacy policies To comply with legal obligations that apply to us, monitor and ensure compliance with our terms, and defend our legal interests in the event of a potential dispute |
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Set any cookie on your device other than a “required cookie” |
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Disclose your personal data to our service providers (i.e., processors) as necessary to achieve the above purposes |
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Disclose your personal data to a prospective or actual purchaser or seller in the context of a merger, acquisition or other reorganization or sale of our business or assets. |
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Disclose your personal data to courts, law enforcement or regulatory authorities as permitted or required by applicable law. |
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We may transfer your personal data to service providers and business partners outside of the EEA. Some of these recipients are located in countries, for which the European Commission has issued adequacy decisions, in which case, the transfer is recognized as providing an adequate level of data protection under European data protection laws (GDPR Art. 45).
Some recipients of your personal data may be located in countries outside of the EEA for which the European Commission has not issued an adequacy decision in respect of the level of data protection there, e.g. the United States. In such cases, we will enter into appropriate data transfer agreements based on Standard Contractual Clauses (2010/87/EU and/or 2004/915/EC) as referred to in GDPR Art. 46(5) or other adequate means, and establish that such recipients will provide an adequate level of data protection and that appropriate technical and organizational security measures are in place to protect personal data against accidental or unlawful destruction, loss or alteration, unauthorized disclosure or access, and against all other unlawful forms of processing. You may ask for a copy of such appropriate data transfer agreements by contacting us using the contact details below.
We will only store personal data for as long as reasonably necessary to fulfil the purposes we collected it for. We may keep your personal data for a longer period of time in the event of a complaint or litigation.
We use small files known as cookies to collect information about how individuals interact with our online services.
Required Cookies: We use cookies that are strictly necessary to enable users to navigate around our online services and use their features, otherwise known as Required Cookies. Without these cookies, we would not be able to provide a secure login, or provide certain other core features of our online services.
Functional Cookies: We use “functional cookies” to enhance users’ experience on our online services and for internal operational purposes, including to collect aggregated information about how users of our website interact with it, and remember choices they make while using our website.
You can delete, restrict and block cookies from being set on your device via the settings of your browser. To do so, please refer to the Help function within your browser or visit www.allaboutcookies.org, a website that contains a large amount of comprehensive information on how to disable cookies on a wide variety of desktop browsers.
Regarding your personal data, you have the right to:
To exercise these rights, please contact us using the details below.
You are not required to provide personal data to us but if you do not provide any personal data to us, you may not be able to use our website or we may not be able to authenticate and assist you with your orders, inquiries or requests, and we generally will not be able to provide you with our products and services.
You may contact us using the following details:
Data Protection Officer Unit LLC: Alexander Berstein, email address: privacy@Unit LLC
Unit LLC Disclaimer
No content of this document, nor any link is a public offer of a security or any
other financial instrument in relation with any company including the Unit team
or any of its associated companies including (without excluding any other) Unit
Technologies. This white paper or any other associated content does not
constitute any advice to buy, sell, or any solicitation of any offer by the provider
of the UNIT tokens (the "token provider") to purchase any UNIT tokens nor
shall it or any part of it. The fact of its presentation does not form the basis nor
is to be relied upon in connection with any contract or investment decision.
The sale and transfer of the UNIT tokens will be performed by the Unit team.
The proceeds of sale of the UNIT tokens will be deployed to fund the herein
described cryptocurrency projects, businesses and operations. No person is
bound to enter into any contract or binding legal commitment in relation to the
sale and purchase of the UNIT tokens. Any agreement as between the token
provider and yourself as a purchaser and in relation to any sale and purchase of
UNIT tokens (as referred to in the white paper or this website) is to be governed
solely by a separate set of documents setting out the terms and conditions of
such agreement. In the event of any inconsistencies between the Terms and
Conditions and the content of this website or the white paper, the Terms and
Conditions shall prevail. You are not eligible to purchase any UNIT tokens in
the Initial Sale Offer (as referred to on this website or in the white paper) if you
are a citizen, resident (tax or otherwise) or green card holder of the USA,
China, Singapore, Iran, North Korea or Syria.
No regulatory authority has examined or approved of any of the information set
out on this website or in the white paper. No such action has been or will be
taken under the laws, regulatory requirements or rules of any jurisdiction. The
publication, distribution or dissemination of any content of this website, the
white paper or any linked content does not imply that the applicable laws,
regulatory requirements or rules of a specific country have been complied with.
The sale of UNIT, website or white paper, any part thereof and any copy thereof
must not be taken or transmitted to any country where distribution or
dissemination of the white paper is prohibited or restricted.
There are risks and uncertainties associated with the UNIT token sale that
should be taken into account. The companies of the Unit team and/or the token
provider and their respective businesses and operations, the UNIT tokens, the
initial sale of Unit including the loss of value of the issued token which can
result in a complete loss of value.
Disclaimer of Liability
To the maximum extent permitted by the applicable laws, regulations and rules,
the companies of Unit and/or the token provider as operator of this website
shall not be liable for any indirect, special, incidental, consequential or other
losses of any kind, contract or otherwise (including but not limited to loss of
revenue, income or profits, and loss of use or data), arising out of or in
connection with any acceptance of or reliance of the pre-sale, initial token sale
or the white paper or any part thereof by you.
Jurisdiction and Law
Any claim or legal conflict arising from the sale of UNIT tokens, this white
paper or any associated material or link included or information offered or
given access through this website or any associated material shall be governed
by the laws of Singapore and the courts of Singapore shall have the sole and
exclusive jurisdiction.
Both international and local regulations require us to implement effective internal procedures and mechanisms to prevent money laundering, terrorist financing, drug and human trafficking, proliferation of weapons of mass destruction, corruption and bribery and to take action in case of any form of suspicious activity from our clients and partners.
AML/KYC Policy covers the following matters:
and consists of the following steps:
One of the international standards for preventing illegal activity is customer due diligence. Unit LLC establishes its own verification procedures within the standards of anti-money laundering and “Know Your Customer” frameworks.
Our identity verification procedure may require the individual to provide reliable, independent source documents, data or information (e.g., national ID, international passport, bank statement, utility bill). For such purposes we reserve the right to collect your identification information and to take steps to confirm the authenticity of documents and information reserving the right to investigate certain Users who have been determined to be risky or suspicious.
In addition, we reserve the right to request up-to-date documents, even though they have passed identity verification in the past.
The information will be collected, stored, shared and protected strictly in accordance with the Privacy Policy and related regulations.
Once your identity has been verified, we will be able to avoid situations where our services are used to conduct illegal activities, which is why the KYC process is essential for our cooperation model.
In line with the international requirements, we have adopted a risk-based approach to combating money laundering and terrorist financing ensuring measures to prevent or mitigate money laundering and terrorist financing in relation to the identified risks.
Hereby, we screen against recognised Sanctions Lists and Politically Exposed Persons (PEP) lists.
For the screening purposes, we may - among other sources - use our service providers data integrated into the proprietary software.
We also would like to emphasize that in case of possible suspicions of any illegal activities, we are entitled to terminate your account and all business transactions in connection hereto as well as to interact with law enforcement organizations reporting any kind of violations of the applicable legal regulations.