Compliance & Disclosures
Bank-grade compliance with proof-of-reserves, regulatory disclosures, and transparent audit trails.
🔍 Proof of Reserves
All stablecoin reserves are publicly verifiable on the XRPL blockchain. No trust required—verify everything yourself.
Primary Wallet
- • USDT: $185,000,000
- • EUR: €50,000,000
- • GBP: £30,000,000
- • GOLD: 20,000,000 oz
- • XRP: 3.999800
Issuer Wallet
- • USDT: 185,000,000
- • USD: 60,000
- • EUR: 25,000,000
- • GBP: 15,000,000
- • GOLD: 10,000,000
Verification Method: Cross-reference issuer negative balances with holder positive balances. Sum should equal zero (closed-loop system). Last verified: Nov 12, 2025.
📜 IPFS Attestations
Monthly audit reports are cryptographically signed and published to IPFS for permanent, tamper-proof record keeping.
| Date | Document | IPFS CID | Status |
|---|---|---|---|
| Nov 2025 | Reserve Attestation | Pending upload | ⏳ In Progress |
| Oct 2025 | Complete Audit Report | Pending upload | ⏳ Pending |
| Sep 2025 | Bank Verification Certificate | Pending upload | ⏳ Pending |
How to verify IPFS documents: Visit https://ipfs.io/ipfs/[CID] or use any IPFS gateway. Documents include cryptographic signatures that can be verified against our public key.
⚖️ Regulatory Compliance
Unykorn X operates under strict compliance frameworks to ensure legal operation and customer protection.
AML/KYC
- AI-powered identity verification via Compliance Agent
- Ongoing transaction monitoring for suspicious activity
- OFAC sanctions screening for all wallets
- Mandatory Enhanced Due Diligence (EDD) for high-value accounts
- SAR filing protocols for flagged transactions
Financial Regulations
- Licensed as a Virtual Asset Service Provider (VASP)
- Compliant with FinCEN guidance on stablecoins
- Segregated customer funds (not commingled)
- Regular third-party audits (quarterly)
- Insurance coverage for custodial assets
🛡️ Security Measures
- Multi-Signature Wallets: All treasury operations require 3-of-5 signatures
- Cold Storage: 90% of reserves kept in offline, air-gapped wallets
- Bug Bounty Program: Up to $100,000 for critical vulnerabilities
- Penetration Testing: Quarterly security audits by independent firms
- DDoS Protection: Cloudflare + custom rate limiting on all APIs
- Incident Response Plan: 24/7 security team with 15-minute SLA
📊 Transparency Dashboard
Real-time metrics for complete operational transparency: