Risk & Safety
Prohibited Transactions Policy
This policy explains what Akara must not be used for.
EFFECTIVE: JULY 5, 2026
Akara does not hold, receive, escrow, custody, remit, convert, or move user funds. Users send money directly to each other through their own bank or mobile money accounts. Users must confirm payout details before sending money. KYC data, receipts, and WhatsApp chat records may be used for fraud prevention and dispute review. Akara may pause trades, restrict accounts, suspend listings, require admin review, or block users where needed for safety.
Key reminders
- Akara does not hold or move funds
- Confirm payout details before sending
- KYC data, receipts, and chat records may be used for fraud prevention and dispute review
- Akara may pause trades or restrict accounts for safety
Prohibited Transactions
Akara must not be used to coordinate any exchange connected to:
- Fraud or scams
- Stolen funds
- Identity theft
- Fake receipts
- Money laundering
- Terrorist financing
- Sanctions evasion
- Illegal goods or services
- Bribery or corruption
- Unlawful gambling
- Ponzi or pyramid schemes
- Blackmail, extortion, or ransom payments
- Exploitation of any kind
- Any transaction prohibited by law
Prohibited Platform Behaviour
- Creating false listings
- Using another person's identity
- Using another person's payout account
- Splitting trades to avoid limits
- Hiding the purpose of a trade
- Pressuring users to pay outside Akara
- Continuing a trade outside Akara after opening it
Review and Enforcement
Akara reviews unsafe, suspicious, unlawful, or abusive activity. Akara may restrict accounts, pause trades, remove listings, require admin review, permanently ban users, preserve evidence, and report activity where required by law.