1. Who We Are
Ethio American LLC is a limited liability company registered in the United States and operating the Aurevex digital asset exchange and software wallet platform at aurevex.org. Ethio American LLC is registered with the Financial Crimes Enforcement Network (FinCEN) as a Money Services Business (MSB). For purposes of this Privacy Policy, "Aurevex," "we," "us," and "our" refer to Ethio American LLC.
Our principal place of business relevant to this platform is 39759 Lyndon B Johnson Fwy Suite 400, Dallas, TX 75237. You may contact us regarding privacy matters at info@aurevex.org.
2. Information We Collect
The categories of personal information we collect depend on how you interact with Aurevex. We collect the following categories:
2.1 Identity and Verification Information
As required by our Customer Identification Program under the USA PATRIOT Act and Bank Secrecy Act, we collect: full legal name, date of birth, Social Security Number or Individual Taxpayer Identification Number, government-issued photo ID (including ID number, issuing authority, and expiration date), and residential address. This information is mandatory for account activation. We cannot create or maintain a verified account without it.
2.2 Contact Information
We collect email address and, where voluntarily provided, phone number. Email address is required for account communications, security alerts, and regulatory notices.
2.3 Financial Information
To facilitate funding of your Aurevex account, we collect bank account information or payment details as applicable to the funding method you select. We also collect records of all transactions executed on the platform, including amounts, asset types, timestamps, and counterparty information.
2.4 Technical and Usage Information
When you visit aurevex.org or use the platform, we automatically collect: IP address, browser type and version, operating system, device identifiers, pages visited, session duration, and referring URL. This information is collected through cookies and server logs as described in Section 10.
2.5 Communications
If you contact us through the website contact form, by email, or by phone, we collect and retain the content of those communications and any information you voluntarily provide within them.
3. How We Collect Information
We collect information through the following means:
Directly from you: During account registration, the KYC verification process, account funding, and any communications you initiate with us.
Automatically: Through cookies, web beacons, server logs, and similar tracking technologies when you visit aurevex.org.
From third parties: Identity verification service providers assist with document authentication and watchlist screening. We may receive confirmation or flag data from these providers as part of the verification process. We may also receive information from financial institutions in connection with account funding.
From public sources: Publicly available records may be consulted as part of our AML compliance obligations.
4. How We Use Information
We use collected information for the following purposes:
Account creation and management: To create, verify, and maintain your Aurevex account in accordance with our legal obligations as an MSB.
Regulatory compliance: To fulfill obligations under the Bank Secrecy Act, USA PATRIOT Act, FinCEN regulations, and applicable state money transmission laws. This includes identity verification, transaction monitoring, suspicious activity reporting, and record retention.
Transaction processing: To execute buy and sell orders on the exchange and manage wallet balances and movements.
Security and fraud prevention: To detect, investigate, and prevent unauthorized account access, fraudulent transactions, and other harmful activity.
Customer communications: To send account notifications, security alerts, transaction confirmations, and responses to your inquiries.
Platform improvement: To analyze usage patterns, identify technical issues, and improve the functionality and usability of the platform.
Legal obligations: To respond to lawful requests from regulatory authorities, law enforcement, or courts with appropriate jurisdiction.
5. Legal Basis for Processing
Aurevex processes personal information under the following legal bases:
Legal obligation: Much of our data collection and processing is mandated by federal law. The Bank Secrecy Act, USA PATRIOT Act, and FinCEN regulations require MSBs to collect, retain, and in some circumstances report specific information. Processing for these purposes is not optional and cannot be declined without forfeiting access to Aurevex services.
Contract performance: Processing necessary to fulfill our obligations to you under the Terms of Use, including executing trades and maintaining wallet balances.
Legitimate interests: Platform security, fraud detection, and analytical activities that improve the service without overriding your privacy interests.
Consent: For optional cookie categories beyond essential functionality. You may withdraw cookie consent at any time through the cookie preference link on this site.
6. Information Sharing
Aurevex does not sell your personal information to third parties. We share information only in the following circumstances:
Service providers: We engage third-party vendors for identity verification, payment processing, cloud infrastructure, and security monitoring. These providers process data on our behalf under contractual data processing agreements and are prohibited from using your data for their own purposes.
Regulatory reporting: As required by law, we file reports with FinCEN and other regulatory bodies. This includes Currency Transaction Reports (CTRs) for transactions meeting applicable thresholds and Suspicious Activity Reports (SARs) where warranted. We are legally prohibited from disclosing to you that a SAR has been filed.
Law enforcement and legal process: We disclose information in response to lawful subpoenas, court orders, regulatory examinations, and other legally compelled requests from authorities with appropriate jurisdiction.
Business transfers: In the event of a merger, acquisition, or sale of all or substantially all assets of Ethio American LLC, personal information may be transferred to the successor entity. You will be notified of such a transfer through the email address on file.
With your consent: For any sharing not described above, we will obtain your explicit consent before proceeding.
7. Data Retention
We retain personal information for as long as necessary to fulfill the purposes for which it was collected, subject to the following specific requirements:
Records required under the Bank Secrecy Act, including transaction records and identity verification documents, are retained for a minimum of five years from the date of the transaction or account closure, whichever is later. This is a legal requirement that cannot be waived.
Account information for active accounts is retained for the duration of the account relationship and for a minimum of five years following account closure.
Website usage data collected through analytics tools is retained for a period of up to 26 months unless a shorter period is required by applicable law.
Communications received through the contact form or by email are retained for a period of three years unless the subject matter requires longer retention for legal or compliance purposes.
After applicable retention periods expire, we delete or anonymize personal information in a manner that prevents reconstruction.
8. Security Measures
Ethio American LLC implements administrative, technical, and physical security measures designed to protect personal information against unauthorized access, disclosure, alteration, and destruction. Security measures include encryption of data in transit using TLS protocols, access controls limiting personnel access to personal information on a need-to-know basis, regular security assessments, and incident response procedures.
No electronic transmission or storage system can be guaranteed to be completely secure. While we take reasonable precautions, we cannot warrant the absolute security of any information you transmit to or through the platform. You are responsible for maintaining the security of your account credentials.
In the event of a data breach that triggers notification obligations under applicable state breach notification laws, we will notify affected individuals as required by law.
9. Your Rights Under CCPA/CPRA
California residents have specific rights under the California Consumer Privacy Act (CCPA) as amended by the California Privacy Rights Act (CPRA). Residents of other states may have similar rights under applicable state privacy laws. This section describes rights that Aurevex recognizes and honors to the extent permitted by law, including our regulatory obligations.
Right to Know: You may request information about the categories and specific pieces of personal information we have collected about you, the purposes for which it is used, and the categories of third parties with whom it is shared.
Right to Delete: You may request deletion of personal information we hold about you. Note that we cannot delete information that we are legally required to retain under the Bank Secrecy Act or other applicable law. Account closure does not terminate our legal data retention obligations.
Right to Correct: You may request correction of inaccurate personal information we hold about you.
Right to Opt-Out of Sale: Aurevex does not sell personal information. This right is therefore not applicable to our practices.
Right to Non-Discrimination: Exercising your privacy rights will not result in discriminatory treatment by Aurevex.
To exercise any of these rights, contact us at info@aurevex.org. We will respond to verifiable requests within 45 days as required by the CCPA, with the option to extend by an additional 45 days where necessary. We will require identity verification before processing privacy rights requests.
10. Cookies and Tracking
aurevex.org uses cookies and similar tracking technologies. Essential cookies are required for site functionality and cannot be declined. Optional analytics and preference cookies are used with your consent, which you may manage through the cookie preference link at the bottom of every page.
For full details about the cookies used on this site, please see our Cookie Policy.
11. Children's Privacy
Aurevex services are available only to individuals 18 years of age and older. We do not knowingly collect personal information from persons under 18. If we become aware that a person under 18 has provided personal information to us, we will take steps to delete that information and close the associated account. If you believe a minor has created an Aurevex account, please contact us immediately at info@aurevex.org.
12. Changes to This Policy
We may update this Privacy Policy from time to time to reflect changes in our practices, legal requirements, or the platform's functionality. When we make material changes, we will update the "Last Updated" date at the top of this policy and provide notice through the email address associated with your account. Continued use of the platform after the effective date of any update constitutes acceptance of the revised policy.
13. Contact Us
For privacy-related questions, requests, or concerns, contact Ethio American LLC at:
Email: info@aurevex.org
Mail: Ethio American LLC, 39759 Lyndon B Johnson Fwy Suite 400, Dallas, TX 75237
Phone: +1 (972) 283-5024
We aim to respond to all privacy inquiries within a reasonable time and will acknowledge receipt of formal rights requests promptly.