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Company is registered in Seychelles. Does anyone really believe that these really give money to authorities? Especially when they or their partners make BA analysis. It's dust, nobody cares about such a tiny amounts and they keep this money for themselves.
With all due respect, I don't believe small exchanges confiscating some bucks freeze money till they get contacted from authorities unless it's a very serious case.
Well, that's the beauty of their policy, they're going to hold it in their addresses until they are seized by the authorities. Otherwise, it will be sitting nicely in their wallet. I imagine they can say some funds are still not being confiscated by the authorities and thus still remains in their possession.
What's dumb is nobody will ever come after those funds unless they are demonstrably the proceeds of a ransomware operation, hack, or theft. If the funds in question are tainted to such a degree that they're basically on fire, FixedFloat could easily just send the same amount back to the address from which they were received (preferably from the output from their receiving address). But no, they mix them in their hot wallet so they can just say, "whoops, its too late to refund our customer now." What a load of BS.