Privacy Policy

At FOC Labs LLC ("FOC Labs," "we," "us," or "our"), we take your privacy seriously. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our platform, including the Famous Official Crypto (FOC) ecosystem, FAM token, FOCA verification system, FOCEX trading platform, and all associated services (collectively, the "Services").


1. Information Collection

1.1 Information You Provide

When you use our Services, you may provide us with:


(a) Account Information

Information required to create and maintain your account, including:

• Full legal name

• Date of birth

• Email address

• Phone number

• Physical address

• Government-issued identification


(b) Verification Information

Additional documentation required for identity verification:

• Proof of residence documents

• Source of funds documentation

• Professional credentials (for Celebrity Users)

• Legal entity documentation (where applicable)


(c) Transaction Information

Information related to your platform activities:

• Trading history

• Token creation records

• Wallet addresses

• Transaction details


1.2 Information We Collect Automatically

When you access our Services, we automatically collect:

(a) Device Information

• IP addresses

• Browser type

• Operating system

• Device identifiers

• Mobile network information


(b) Usage Information

• Access times

• Pages viewed

• Features used

• Error logs

• Trading patterns


2. Use of Information

2.1 Primary Purposes

We use your information to:

(a) Provide and Maintain Services

• Process transactions

• Verify identity

• Authenticate access

• Maintain account security

• Enable platform features


(b) Improve and Develop Services

• Analyze usage patterns

• Enhance security measures

• Develop new features

• Optimize performance

• Troubleshoot issues


2.2 Secondary Purposes

Additional uses include:

(a) Compliance Requirements

• Meet regulatory obligations

• Prevent fraud

• Verify eligibility

• Maintain records


(b) Communication

• Service updates

• Security alerts

• Support responses

• Marketing communications (with consent)


3. Information Sharing

3.1 Third-Party Service Providers

We may share information with:

(a) Essential Service Providers

• Identity verification services

• Payment processors

• Cloud storage providers

• Security services


(b) Professional Services

• Legal advisors

• Auditors

• Compliance consultants

• Technical contractors


4. Data Protection

4.1 Security Measures

We implement industry-standard security measures including:

(a) Technical Controls

• End-to-end encryption

• Multi-factor authentication

• Firewalls and intrusion detection

• Regular security audits


(b) Administrative Controls

• Access control policies

• Employee training

• Security incident response plans

• Regular compliance reviews


5. Your Rights and Choices

5.1 Access Rights

You have the right to:

(a) Data Access

• Request copies of your data

• Review collected information

• Verify data accuracy

• Export your data


(b) Data Control

• Update personal information

• Correct inaccurate data

• Request data deletion

• Opt out of marketing


6. International Data Transfers

6.1 Cross-Border Processing

When we transfer data internationally, we ensure:

• Appropriate safeguards are in place

• Recipient countries maintain adequate protection

• Transfer mechanisms comply with regulations

• Data protection standards are maintained



7. Data Retention

7.1 Retention Periods

We retain information:

• As long as necessary for service provision

• As required by applicable laws

• According to regulatory obligations

• Based on legitimate business needs



8. Children's Privacy

Our Services are not intended for individuals under 18 years of age. We do not knowingly collect or maintain information from persons under 18 years of age.



9. Updates to Privacy Policy

We may update this Privacy Policy from time to time. We will notify you of any material changes by:

• Posting updates on our website

• Sending email notifications

• In-platform notifications

• Other appropriate means


10. Contact Information

For privacy-related inquiries:

FOC Labs LLC

Privacy Officer

Email: privacy@foclabs.io


11. Jurisdiction-Specific Provisions

11.1 European Union Users

Additional rights under GDPR include:

• Right to data portability

• Right to erasure

• Right to restrict processing

• Right to object to processing

11.2 California Residents

Rights under CCPA include:

• Right to know

• Right to delete

• Right to opt-out

• Right to non-discrimination

11.3 Other Jurisdictions

Additional rights may apply based on your location. Contact our Privacy Officer for jurisdiction-specific information.

Last Updated: February 23, 2025
Version: 1.0

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