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Data Protection & Privacy Policy

How Betzy stores, protects, and governs your personal data

Contact: support@betzy.fun

This document provides a focused summary of Betzy's data-protection practices with emphasis on technical security and data governance. For the full privacy policy covering GDPR, CCPA, mobile app disclosures, and your complete rights, please see the Betzy Privacy Policy.

1. Introduction & Scope

Betzy collects, stores, and processes personal data as necessary to operate the Betzy Platform, comply with legal obligations, and protect the integrity of the sweepstakes promotion. This Data Protection & Privacy Policy describes our technical and organizational measures for protecting that data.

By registering for or using the Betzy Platform, you consent to the collection and processing of your personal data as described in this Policy and the full Privacy Policy.

2. Categories of Data Collected

2.1 Personally Identifiable Information (PII)

We collect information that identifies you directly, including: full legal name, date of birth, email address, phone number, residential address, username, and account credentials.

2.2 Enhanced Due Diligence (EDD) Data

For users who trigger Enhanced Due Diligence thresholds under our AML/CFT program, we may additionally collect: government-issued photo ID, Social Security Number (SSN) or ITIN, source-of-funds documentation (bank statements, tax returns, pay stubs), and source-of-wealth documentation.

2.3 Financial Data

We collect payment method details (bank account numbers for ACH, digital-wallet identifiers, cryptocurrency wallet addresses, and debit/credit card details processed by PCI-DSS-compliant processors), transaction histories (purchases and redemptions), and tax identification information.

2.4 Technical & Behavioral Data

We automatically collect device and usage data including: IP address, device type and OS version, browser or app version, session duration, pages and features accessed, game session data, click-stream data, and crash/performance diagnostics. On mobile devices, we may collect advertising identifiers (IDFA on iOS, GAID on Android) subject to your device-level permissions.

3. Purpose of Data Processing

We process personal data for the following purposes:

  • Account creation, authentication, and management.
  • KYC identity and age verification, and ongoing AML/CFT compliance screening.
  • Processing Gold Coin purchases and Sweeps Coin redemptions.
  • Detecting, preventing, and investigating fraud, cheating, and account abuse.
  • Sending transactional and account-related communications.
  • Complying with IRS tax-reporting obligations (Form 1099-MISC, W-9/W-8).
  • Improving the Platform through analytics and diagnostic data.
  • Enforcing our Terms of Service and legal agreements.

4. Data Storage & Security Measures

Betzy implements industry-standard technical and organizational security measures to protect your personal data:

  • Transport Layer Security (TLS 1.2 or higher) for all data in transit between your device and our servers.
  • AES-256 encryption for sensitive data at rest, including financial information and government ID data.
  • Principle of Least Privilege (PoLP): system access is granted only to personnel who require it for their specific role.
  • Multi-Factor Authentication (MFA) required for all administrative access to production systems.
  • Pseudonymization and anonymization of data where technically feasible to reduce exposure risk.
  • Regular vulnerability scanning and annual penetration testing by qualified third-party security firms.
  • Employee background checks and mandatory security-awareness training.
While we implement robust security measures, no security system is completely impenetrable. We encourage you to use a strong, unique password and enable two-factor authentication on your Betzy account.

5. Data Sharing & Third-Party Processors

Betzy does not sell your personal data. We share data only with:

  • KYC/identity-verification vendors โ€” for government-ID and liveness-check processing.
  • Payment gateway providers โ€” for processing purchases and redemptions (PCI-DSS compliant).
  • Cloud hosting providers โ€” for data storage and platform infrastructure.
  • Email and messaging platforms โ€” for transactional and support communications.
  • Law enforcement and regulatory authorities โ€” when required by law, court order, or regulatory request.
  • AML/sanctions screening providers โ€” for ongoing compliance screening.
  • Apple Inc. and Google LLC โ€” as platform operators for app distribution and in-app purchase processing (see our Privacy Policy Section 10 for details).

All third-party processors are bound by data-processing agreements requiring them to implement adequate security measures and to process data only as directed by Betzy.

6. Data Retention Policy

Betzy retains personal data as follows:

  • Active accounts: personal data is retained for the lifetime of the account.
  • Closed accounts: regulatory-required records (KYC/AML) are retained for a minimum of 5 years after account closure, in compliance with BSA requirements.
  • Tax records: retained for 7 years after the relevant tax filing period.
  • Server logs and analytics: retained for 12โ€“24 months.
  • Biometric data: retained for the period required by applicable state law (not exceeding 3 years from collection or 1 year after last use).

After the applicable retention period, data is securely deleted or irreversibly anonymized.

7. Your Rights & Controls

You have the following rights with respect to your personal data:

  • Right of Access: request a copy of the personal data we hold about you.
  • Right to Correction: request that inaccurate or outdated data be corrected.
  • Right to Deletion (Right to be Forgotten): request deletion of your personal data where we no longer have a legal basis to retain it. Note that AML/BSA obligations may require us to retain certain financial records for up to 5โ€“7 years.
  • Right to Opt Out: opt out of marketing communications at any time by using the unsubscribe link in any marketing email or by contacting support@betzy.fun.
  • Account Deletion: to delete your account and request data erasure, email privacy@betzy.fun or use the 'Delete Account' function in the app or website settings.

To exercise any of these rights, contact us at privacy@betzy.fun. We will respond to verifiable requests within 30 days.

8. Incident Response & Breach Notification

In the event of a data breach, Betzy's incident-response plan includes:

  • Immediate containment and investigation upon detection.
  • Assessment of the scope, nature, and risk level of the breach.
  • Notification to affected users and relevant regulatory authorities within 60 days of discovery, or sooner where required by applicable law (e.g., GDPR requires notification within 72 hours).
  • Guidance to affected users on recommended steps to protect themselves.
  • Post-incident review and remediation to prevent recurrence.

9. Policy Updates & Contact

This Policy may be updated from time to time to reflect changes in our practices, technology, or applicable law. We will post the updated Policy on the Platform with a revised date. Your continued use of the Platform constitutes acceptance of the updated Policy.

Data Protection Contact

Betzy

Email: support@betzy.fun

Privacy-specific: privacy@betzy.fun

1603 Capitol Avenue, Suite 413J PMB 2183

Cheyenne, WY 82001