Terms & Conditions

ТERMS AND CONDITIONS OF BUSINESS

Blocksquared Ltd, located at 27 Stasikratous Street, 2^nd Floor, Office 202, Nicosia – 1065, Cyprus operating under the trading name Chainblox is located in the Republic of Cyprus (hereinafter referred as to "Chainblox", “us”, “we”, “our”). The person agreeing to these terms shall be referred to as “User/s”, “you”, “your” and includes any person who accesses, uses, or interacts with the Platform or any Offering on the User’s behalf or with the User’s authority, whether express or implied.

These Terms, comprise the entire set of terms and conditions between you and Chainblox.

1. SCOPE
   
   1. These Terms shall apply to our overall business relationship and the Offering/s (as this term is defined in clause 2.1 below) which we provide to you.
   2. We may unilaterally issue you with additional terms and conditions of business from time to time in accordance with clause 27; any such additional terms and conditions of business that are issued to you will form part of these Terms.
   3. These Terms will constitute a legally binding agreement when the following conditions are satisfied:
      
      1. you accept the Terms by clicking on the relevant box/es on our Website and/or Platform and/or otherwise engage with us in conduct which indicates your acceptance of the Terms.
   4. You agree that these Terms constitute a legally binding agreement which you accept for yourself and on behalf of any person, legal or natural, for which you are acting as representative, agent or proxy.
   5. This set of Terms supersedes all prior terms of business previously provided by us to you or otherwise applicable to our Offerings.
   6. These Terms shall apply to all business conducted between us and you. By accepting our Terms you agree that any provisions of your own terms of business which conflict with, or are inconsistent with, the provisions of our Terms do not apply and our Terms shall prevail.
   7. We will only conduct business on the basis that our Terms apply, and any Instruction placed by you should be treated as given upon and subject to these Terms. We will proceed on this basis when doing business with you and will assume your deemed acceptance of these Terms.
   8. Definitions for certain expressions used in these Terms are set out in Annex I (Definitions) and throughout the Terms.
   9. Words used herein in the singular, where the context so permits, shall be deemed to include the plural and vice versa. The definitions of words in the singular here in shall apply to such words when used in the plural where the context so permits and vice versa
2. PLATFORM FEATURES
   
   1. We may provide you with the following via our Platform:
      
      1. Access to generic and/or technical blockchain and Platform educational videos (“Educational Content”);
      2. Data Reports that map the trail of Digital Assets to possible end destinations based on the TXIDs that you independently insert on the Platform (“Data Report/s” or “Loss Assessment Product”);
      3. Data Intelligence automated reports through the use of AI regarding the content included in the Data Report (“Data Intelligence”);
         Each referred to as an “Offering” and collectively referred to as the “Offerings”. 
   2. We may obtain the information necessary for one or more of the Offerings from a range of public and private sources that comprise our Vendor network and our Affiliates.
   3. As part of the Platform registration process, you confirm and agree that all information you provide will be your own information and that unless you have previously notified us and we have expressly agreed to this, you will not act as agent or principal for another person, legal or natural. 
   4. The Data Report is generated at the User’s direction based solely on the TXID(s) independently provided by the User and is delivered in machine-readable comma-separated values (CSV) format only. The CSV file constitutes a technical data extract reflecting raw transactional information assembled from Vendor-supplied and publicly available blockchain data, without interpretation, validation, certification, endorsement, or verification by Chainblox. The Data Report is intentionally provided without signatures, formatting, or other indicia of authorship or endorsement, in order to avoid mischaracterisation of the dataset as authoritative, evidentiary, forensic, investigative, or professionally validated material. The absence of such indicia shall not be construed as facilitating or permitting any prohibited use. The Data Report remains subject at all times to the restrictions, limitations, and prohibitions set out in these Terms, including (without limitation) the prohibitions on reliance, evidentiary use, submission in proceedings, and attribution to Chainblox. Delivery of the Data Report in CSV format does not constitute advice, analysis, findings, conclusions, recommendations, or support for any legal, regulatory, investigative, or asset-recovery action, and does not create any obligation on Chainblox to participate in, support, or respond to any third-party process.
   5. You state and confirm that all information inserted in the Platform for the generation of the Data Report or otherwise, have emanated solely from you without Chainblox or its employees and/or Vendors and/or Affiliates advice, support or guidance, and that you have the necessary understanding of blockchain technology, Digital Assets and the manner by which they function, to be able to insert the appropriate information on the Platform and extract the appropriate data from the Platform independently.
   6. You acknowledge and agree that the Data Report is provided to you under a limited, personal, non-exclusive, non-transferable and revocable license, and is for informational purposes only. The Data Report may be shared with your Professional Advisors and/or Governmental Bodies strictly for informational orientation only, and solely to allow them to conduct their own independent analysis. The Data Report may not be submitted, relied upon, or used as evidence, documentation, or support in any legal, regulatory, forensic, investigative, or administrative proceeding. The Data Report is not intended, nor should it be relied upon, for any court submission or legal, regulatory, prosecutorial, forensic, financial, or accounting investigation or action related to the tracing, tracking, or recovery of your Digital Assets. Any such reliance on the Data Report is strictly prohibited and may result in the failure of such investigation or action, as Chainblox neither validates, confirms, nor guarantees the accuracy or completeness of the data contained therein. Any use of the Data Report outside of the permitted purpose in this clause shall constitute a material breach of this Agreement and shall automatically and self-execute a termination of the license granted herein. In such event, Chainblox may immediately revoke all rights to use the Data Report, terminate your access to its services, and seek appropriate legal and equitable remedies. You further agree to fully indemnify, defend, and hold harmless Chainblox, its officers, directors, employees, and Affiliates from and against any and all claims, actions, proceedings, damages, losses, liabilities, costs, or expenses (including reasonable legal fees) arising out of or in connection with your use, misuse, or reliance upon the Data Report in any prohibited manner, including but not limited to its submission in any court, tribunal, regulatory, prosecutorial, forensic, financial, or investigative proceeding.
   7. You agree and consent that upon inserting and submitting your TXID on the Platform, we have the right to transmit this information to our Vendors (including any of our Affiliates) for the purpose of collecting the necessary data for the Data Report.
   8. When we transmit your TXID or wallet address on your behalf neither we nor our Vendors, or Affiliates will be liable to you if our Vendors and/or Affiliates fail to perform any obligations and/or deliver data through the Platform that is delayed, inaccurate, incomplete or erroneous.
   9. At its sole discretion, Chainblox may choose to enter into a separate agreement, or have its Vendors enter directly into a contractual relationship with you, your Professional Advisors, or Government Bodies, for further supporting you in any proceedings. You understand that such support or service falls outside the remit of these Terms, will be charged separately, and any fees will need to be expressly agreed directly between you, Chainblox and/or the Vendor/s.
   10. We shall:
       
       1. not be under any obligation to enter into any of the Offerings or to accept or act in accordance with any Instruction or provide any other support for you under these Terms; and/or
       2. without assuming any duty of care, be entitled to refuse to act or to defer acting on Instructions until such time that we reasonably consider it is practicable to carry out those Instructions where:
          (a) you are in breach of these Terms;
          (b) we would be in breach of our obligations under these Terms, if we acted on your Instructions;
          (c) we would infringe any of the relevant Applicable Regulations by acting on your Instructions;
          (d) the transaction seems unusual considering the way you usually use any of the Offerings;
          (e) we suspect that the Instructions are unauthorised or fraudulent or do not fit your profile from an  anti-money laundering perspective; or
          (f) in any other situation where we consider it to be necessary in our reasonable opinion.
          In each case, we shall not be required to provide you with any reasons for the refusal or deferral or other action.
   11. The User confirms and agrees that any person who accesses the Platform, submits TXIDs, downloads Outputs, receives Data Reports or Data Intelligence, or otherwise interacts with any Offering on the User’s behalf or in connection with the User’s case (including friends, family members, Professional Advisors, consultants, or other third parties) shall be deemed to be acting with the User’s authority and on the User’s behalf. All acts and omissions of such persons shall be attributed to the User for the purposes of these Terms, and the User shall be fully responsible for ensuring that such persons comply with these Terms as if they were the User.
   12. Where the User provides any Output or access to any Offering to a third party, the User shall inform such third party of the restrictions, limitations, and prohibitions set out in these Terms and shall take reasonable steps to procure that such third party complies with them. The User remains solely responsible for any breach of these Terms arising from the acts or omissions of any such third party.
3. EDUCATIONAL CONTENT
   
   1. Chainblox may provide access or links to Educational Content that includes own content as well as third party content. The Educational Content is intended for the User to understand our Platform as well as blockchain technology and assist the User in the identification of the TXIDs relating to the Lost Digital Assets.
   2. We try to ensure that the Educational Content is relevant and up-to-date, but we cannot guarantee at all times its relevance, quality, accuracy or the applicability of the content to the challenge the User faces. Therefore we always advise our Users to identify other sources of education as well on the specific topic of interest to them before taking any action. You acknowledge and agree therefore that you have the obligation and responsibility to seek additional information sources and validate that the Educational Content we provide access to is indeed accurate and appropriate for your purposes.
   3. Chainblox makes no claims of ownership or intellectual property rights over the third-party Educational Content provided. The links to such content are delivered "as is," and all legal, intellectual property and all other rights remain with the respective content creators or social media platforms where the Educational Content is uploaded.
   4. Chainblox disclaims all liability with respect to the quality, validity, accuracy, and usefulness of the Educational Content provided. We are not responsible for any reliance you place on this content, nor do we guarantee that it will meet your specific needs or expectations.
   5. By using the Educational Content provided, you agree that if the content is no longer applicable to your case, to the CEX, digital platform, or wallet where you maintain your account, it is your responsibility to seek alternative educational resources online or otherwise to address your queries. Chainblox assumes no responsibility for outdated or inapplicable content.
   6. Chainblox shall not be held liable for any inappropriate, erroneous, misleading, or otherwise inaccurate content delivered through the Educational Content. You acknowledge and agree that any negative outcomes, including but not limited to financial loss or misinformation, resulting from reliance on this content, are solely your responsibility and no liability lies with us.
   7. You agree that the Educational Content provided by Chainblox is not sufficient on its own to allow you to make decisions regarding the use of any Offering. You further agree to seek secondary validation of the information provided through other online and/or independent sources before proceeding in placing any reliance on the Educational Content or using any Offering.
4. DATA REPORTS
   
   1. The Data Report generated by Chainblox through the Platform may include, where applicable, information relating to transactions involving the movement of the Digital Assets associated with the TXIDs provided by the User, as well as other related blockchain activity identifiable from the underlying data. This may include details such as wallet addresses involved, transaction hashes, and any entities or centralised exchanges (“CEXs”) to which the Digital Assets may have been transferred or may currently be held, as indicated by the available blockchain data. Chainblox will generate the Data Report based solely on the information provided by the User, without any obligation to verify the accuracy of the data input. If we proceed to validate any of the information you provide, it is for safeguarding our interests and rights and not as a service. Chainblox does not guarantee the validity or accuracy of any of the information included in the Data Report. The User acknowledges and accepts that Chainblox obtains wallet tagging and attribution data directly from one or more third-party data vendors and presents such data as-is, without modification. Each Vendor maintains its own proprietary data pools, classification methodologies, and tagging standards. As a result, a wallet address tagged by one Vendor may be untagged, differently classified, or entirely absent in another Vendor’s data. The User understands and agrees that Chainblox does not verify, modify, or supplement this tagging, and accordingly, accepts no liability whatsoever for any omissions, inaccuracies, or inconsistencies in the tagging data provided by its Vendors.
   2. Furthermore, the User understands and accepts that once a transaction path reaches a centralised or decentralised exchange, mixer, tumbler, or any other obfuscation-focused blockchain service, our Vendors will not provide information beyond that point. Chainblox will therefore aim not to offer, and the User agrees not to expect, any tracing beyond the aforementioned.
   3. Chainblox maintains full ownership of the Data Report and grants the User a limited, non-transferable right to access and use the Data Report as described in clause 2 of these Terms. Chainblox retains the right to store and safeguard the Users Data Report for a period of time, after which it may be permanently deleted from the Users account.
   4. The User acknowledges that the Data Report is not a substitute for independent professional forensic advice and agrees that Chainblox and/or Vendors are not responsible for any negative outcomes arising from the User's use of the Data Report, including but not limited to failed legal actions, asset recovery efforts, or investigations into potential perpetrators.
   5. The User’s limited, non-transferable right to use the Data Report shall immediately terminate and revert to Chainblox if the User, or any of their Professional Advisors and/or Government Bodies, directly or indirectly, through actions or omissions:
      (a) initiate, attempt, or proceed with any process that implicates, involves, or imposes upon Chainblox, its Employees, or its Vendors the obligation or necessity to participate in any Court proceeding, Arbitration process, dispute resolution, negotiation, investigation, or similar session; or
      (b) require or demand that Chainblox provide evidence, information, advice, or testimony for the benefit of the User, their Professional Advisors, or any Government Bodies assisting the User in relation to any matter concerning the TXID(s) included in the Data Report or the recovery of the User’s Digital Assets.
   6. Chainblox is obligated to deliver the Data Report based on the TXID submitted by the User and to provide access to the Report through the Platform for the duration of the agreed service period. Chainblox shall take reasonable measures to secure the storage of the Data Report during this time but does not warrant uninterrupted or error-free access to the Platform or the Report.
   7. Chainblox disclaims all liability related to the accuracy, completeness, or usefulness of the Data Report. The Company does not guarantee the suitability of the Data Report for legal, financial, or investigative purposes, and shall not be held responsible for any outcomes, financial losses, or damages arising from the User’s reliance on the Data Report. Furthermore, Chainblox does not assume responsibility for any inability to retrieve data due to incomplete or inaccurate information provided by the User, or for any technical issues affecting the retrieval or compilation of data.
   8. The User has the right to access and review the Data Report generated through the Platform for personal use only. The User may consult the Report for informational purposes and use it as a tool to understand the movement of their Digital Assets. The User is not granted ownership of the Data Report and may not transfer, assign, or sublicense any rights to third parties without the express written consent of Chainblox.
   9. The User acknowledges and agrees that the use of the Platform and reliance on the Data Report is entirely at their own risk. The User assumes full responsibility for verifying the information contained in the Data Report (include that on CEXs) through private or public sources before making any decisions or taking any actions. The User agrees to hold Chainblox harmless from any claims, damages, or losses arising from the use of the Data Report or reliance on its findings.
5. DATA INTELLIGENCE
   
   1. Data Intelligence consists of automated, machine-generated narrative outputs produced through artificial-intelligence and machine-learning systems (“AI Systems”) based exclusively on the information contained in the relevant Data Report. Data Intelligence is provided as-is, without human review, verification, validation, interpretation, or confirmation by Chainblox or its employees. The User expressly acknowledges that Data Intelligence is an automated, non-authoritative, informational-only narrative which may contain errors, omissions, hallucinations, misinterpretations, misclassifications, incorrect entity references, or internal inconsistencies, and may not accurately reflect the underlying Data Report or Vendor-supplied data.
   2. Data Intelligence is provided solely for high-level informational review by the User and solely for the User’s personal understanding of the content contained within the Data Report. Data Intelligence must not be used, submitted, cited, disclosed, reproduced, relied upon, or referenced in any legal, regulatory, governmental, investigative, evidentiary, enforcement, forensic, professional, commercial, or dispute-related context.
      Without limitation, the User is strictly prohibited from using Data Intelligence in connection with:
      (a) any police report, criminal complaint, or communication with any Governmental Body;
      (b) any regulatory filing, supervisory engagement, inspection, or administrative proceeding;
      (c) any litigation, arbitration, mediation, discovery process, or expert-witness matter;
      (d) any asset-recovery strategy or decision, or any attempt to identify or pursue individuals allegedly involved in the loss of Digital Assets;
      (e) any context requiring accuracy, verification, attribution, evidentiary reliability, or professional assessment.
      Any such use constitutes a material breach of these Terms.
   3. Data Intelligence does not constitute advice, guidance, recommendation, analysis, interpretation, opinion, professional service, or any form of consultation. Chainblox does not provide, as part of Data Intelligence, and is not deemed to provide, any legal, regulatory, forensic, investigative, accounting, tax, strategic, or asset-recovery advice. If any text appearing within the automated output appears to resemble analysis, interpretation, strategic guidance, or any form of recommendation, the User expressly agrees that such content:
      (a) is solely the product of AI Systems;
      (b) must be disregarded in its entirety; and
      (c) does not represent the views, opinions, or positions of Chainblox.
   4. Chainblox makes no representation or warranty—express or implied—regarding the accuracy, completeness, reliability, integrity, timeliness, or suitability of any Data Intelligence output.
      The User acknowledges and agrees that:
      (a) all entity labels, exchange references, service names, or other attribution appearing within the Data Intelligence are Vendor-derived, probabilistic, non-verified, and may be inaccurate;
      (b) such labels do not constitute identification of any wallet owner, operator, exchange, service provider, or individual;
      (c) Chainblox does not assert, confirm, endorse, or adopt the correctness of any entity attribution appearing in the Data Intelligence
      (d) any attribution may be erroneous, incomplete, speculative, outdated, inconsistent, or misleading.
   5. Chainblox owes no duty of care, fiduciary duty, professional duty, or advisory duty to the User or to any third party in connection with Data Intelligence. The User agrees that:
      (a) they shall not rely on Data Intelligence for any reason or in any context;
      (b) any reliance, whether intended, unintended, foreseeable, or unforeseeable, is strictly at the User’s sole risk;
      (c) Chainblox shall have no liability for any such reliance, whether direct, indirect, consequential, special, or otherwise.
   6. The User acknowledges and agrees that the Data Intelligence Disclaimer accompanying each Data Intelligence output forms an integral and binding part of these Terms. In the event of any inconsistency between these Terms and the Disclaimer, the Terms shall prevail. The User further acknowledges that acceptance of these Terms constitutes acceptance of all limitations, restrictions, prohibitions, and disclaimers contained in the Disclaimer.
   7. Data Intelligence is generated solely from the Data Report, which itself is derived from information supplied by Vendors. Chainblox does not verify, validate, audit, analyse, inspect, or confirm any Vendor-supplied data or any part of the Data Report. Chainblox shall not be responsible for any errors, omissions, misattributions, misclassifications, inconsistencies, or inaccuracies arising from Vendor data, Data Reports, or the processing of such data by AI Systems.
   8. To the maximum extent permitted by Applicable Regulations, Chainblox shall not be liable for:
      (a) any error, omission, hallucination, misinterpretation, misclassification, inconsistency, or inaccuracy in the Data Intelligence;
      (b) any use or reliance by the User or any third party on the Data Intelligence;
      (c) any loss, damage, claim, liability, cost, or expense arising from or connected with the Data Intelligence, including but not limited to losses arising in legal, financial, regulatory, investigatory, enforcement, commercial, or asset-recovery contexts;
      (d) any decisions made or actions taken by the User, their Professional Advisors, Government Bodies, or any third party in connection with the Data Report or Data Intelligence.
   9. Chainblox’s total aggregate liability for Data Intelligence shall in all cases be limited to the fees actually paid by the User for that specific Data Intelligence output.
   10. The User assumes full and exclusive responsibility for:
       (a) reviewing the Data Intelligence at their own risk;
       (b) obtaining independent professional advice before taking any decision relating to Lost Digital Assets, legal matters, investigations, or asset-recovery efforts;
       (c) ensuring that Data Intelligence is not used in any prohibited manner;
       (d) any consequences, losses, or outcomes arising from their decisions, actions, or reliance on the Data Report, Data Intelligence, or any other Offering.
       The User acknowledges that Data Intelligence is inherently unreliable and unsuitable for any consequential purpose.
   11. Chainblox reserves the unrestricted right, at its sole discretion and without obligation to provide reasons, to withdraw, revoke, amend, suspend, or declare void any Data Intelligence output (“Retraction”). Upon such Retraction, the User agrees to:
       (a) immediately cease all use of the retracted material;
       (b) treat it as null, invalid, and without legal effect;
       (c) permanently delete and destroy all copies in their possession or control;
       (d) refrain from disclosing, submitting, sharing, or referencing the material in any context;
       (e) comply with any additional instructions issued by Chainblox.
       The User acknowledges that retention or use of retracted materials is strictly prohibited and that Chainblox disclaims all liability arising from any such prohibited use Government Bodies
   12. Chainblox maintains full ownership of all Data Intelligence and grants the User a limited, personal, non-exclusive, non-transferable, and revocable license to access and use the Data Intelligence strictly for the purposes described in Clause 5 of these Terms. Chainblox retains the right to store and safeguard the User’s Data Intelligence for a period of time, after which it may be permanently deleted from the User’s account. The User acknowledges that this license is subject to the Retraction rights of Chainblox as set out in Clause 5.11 and does not grant the User any rights to the underlying AI Systems or machine-learning models used to generate the output.
6. RISK WARNING
   
   1. By using the Offerings provided by Chainblox, you expressly acknowledge and accept that the Data Report is provided for informational purposes only and is intended to offer an initial understanding of the transactional journey the Digital Assets connected with the TXID provided have taken. You understand that additional costs may need to be incurred by you should you choose to obtain the services of forensic investigators and/or seek legal action. Specifically:
      (a) You recognize that the Digital Assets in question may be dispersed across various jurisdictions, which may require additional enforcement costs through your Professional Advisors. These costs may exceed the amount of the loss suffered.
      (b) You acknowledge that expert forensic investigators may be required by you, your Professional Advisors, or Government Bodies to support your case, and such expenses are your sole responsibility. These services are not included as part of Chainblox 's Offerings.
      (c) While Chainblox endeavors to provide meaningful data, you acknowledge that we make no representations or warranties as to the validity, accuracy, quality, or suitability of the data for any legal, forensic, financial, or professional use. The data is provided "as is" and may not be sufficient for any professional or governmental use.
      (d) You agree that if you provide the Data Report to Professional Advisors or Government Bodies and, through your actions or omissions, the Data Report is utilized or becomes part of any proceedings (legal, regulatory, forensic, tax, investigative, etc.), all rights to the Data Report and any related Data Intelligence revert immediately to Chainblox without notice.
      (e) Chainblox reserves the right to prohibit the use of the Data Report and Data Intelligence in any proceedings through any means necessary, including the pursuit of restraining orders or confiscation orders.
      (f) You confirm that you understand and accept the above risk and that Chainblox has the right to take such actions as necessary.
      Our risk statement is intended as a general description of the risks associated with our Offerings. There may be other risks that it does not identify. You should therefore not rely on the risk disclosure statement  as covering all possible risks and should always satisfy yourself that the Offerings or transactions are suitable for you (or, if applicable, your principal) considering your specific circumstances.
7. PLATFORM AND YOUR INSTRUCTIONS
   
   1. The Platform operated by Chainblox is agnostic in nature and does not make any assumptions or judgments regarding the transactions or data associated with the TXID provided by you.
   2. Upon the User inputting its TXID, we may validate the authenticity of the input TXID before allowing you to proceed.
   3. Once your payment is successfully processed and upon you submitting your TXID, we will obtain and deliver to you the available data related to your TXID.
   4. We will allow you in good faith to complete the Platform Registration Process and have access to the Platform  on the basis that the Instructions come from you or that they have been given on your behalf by another person (where we have already been notified of this and have consented in writing), without further enquiry on our part as to the genuineness, authority or identity of the person giving or purporting to give such Instruction, unless such limitations have been agreed in writing with us or have been expressly requested by us in writing. We may require, and you shall provide, evidence of any such authority provided to any person acting, or purporting to act, for you or on your behalf, and any other information or documents which we consider necessary to undertake any “Know your User” checks in relation to such person. You will be responsible for and bound by all contracts, obligations, penalties, costs and charges entered into or assumed by us on your behalf in consequence of or in connection with such Instructions.
   5. We shall not be required to continue providing access to our Platform for any person other than you, and our obligations under these Terms shall be fully discharged by allowing your Instructions to be processed by the Platform, notwithstanding any Instructions received from your principal or any notice we may receive stating that your authority to act on behalf of your principal has been revoked or varied or is otherwise invalid.
   6. Where these Terms are addressed to more than one person, any, notice, demand, acknowledgement or request to be given by or to you under these Terms may be given by or to any one of you. We need not enquire as to the authority of that person.
8. USE OF PERSONAL DATA
   
   1. Chainblox is committed to handling your Personal Data in compliance with the General Data Protection Regulation (GDPR). We have appointed a duly authorized Data Protection Officer (DPO) to oversee our data handling practices and ensure compliance with these legal obligations.
   2. By agreeing to these Terms of Business, you acknowledge and consent to Chainblox collecting, processing, and retaining your Personal Data for the duration of your Account with us. We reserve the right to continue holding and using your Personal Data for as long as necessary to provide you with access to our Platform and Offerings.
   3. Upon termination of your Account, we will retain only that portion of your Personal Data that is necessary for us to comply with our legal obligations, including but not limited to laws concerning Anti-Money Laundering (AML), Know Your User (KYC) regulations, and tax obligations. All other Personal Data that is not required for these legal purposes will be securely deleted in accordance with our data retention policy.
   4. Chainblox reserves the right to retain all non-personal information and data provided by you during the course of your use of the Platform and Offerings. Chainblox may send the User communications necessary for the operation, security, and administration of the Platform, the User’s Account, and the Offerings. Marketing or promotional communications, where sent, shall be subject to applicable data protection and electronic communications laws and may be opted out of at any time by emailing us at info@chainblox.com.
   5. Any onward disclosure by the User to Professional Advisors and/or Governmental Bodies is permitted only to enable those third parties to conduct their own independent assessment, and the User remains solely responsible for ensuring that any onward disclosure and use complies with these Terms and Applicable Regulations.
   6. The User undertakes to use the Data Report in full compliance with all applicable data protection and privacy laws, including but not limited to the General Data Protection Regulation (EU) 2016/679 (“GDPR”), and agrees that they shall not:
      (a) Use or disseminate any personal data contained in any Offering in a manner that constitutes a breach of Article 5(1) of the GDPR (including principles of lawfulness, fairness, transparency, purpose limitation, data minimization, and accuracy);
      (b) Use any Offering to engage in profiling or automated decision-making in breach of Article 22 of the GDPR;
      (c) Use, publish, or otherwise exploit any data in the Data Report and/or Data Intelligence in ways that infringe the rights and freedoms of data subjects under Chapter III of the GDPR (including rights of access, rectification, erasure, and objection);
      (d) Process or transfer any data extracted from any of our Offerings outside of the European Economic Area (EEA) without ensuring appropriate safeguards pursuant to Chapter V of the GDPR;
      (e) Use any Offering output in any way that may constitute unlawful surveillance, harassment, reputational harm, or data misuse under local or international privacy legislation;
      (f) Use the data of an Offering and combine and/or join and/or bring together with personal data of one of more persons and disseminate or share such information with third parties.
   7. The User represents and warrants that they have a lawful basis to request the Data Report. The User shall be deemed the “data controller” in respect of any personal data they further process, and accepts full responsibility for complying with all controller obligations under the GDPR.
   8. The User agrees to fully indemnify and hold harmless Chainblox, its officers, employees, subcontractors, and Affiliates against any and all claims, investigations, regulatory fines, penalties, losses, or expenses (including reasonable legal fees) arising from:
      (a) Any unlawful or non-compliant processing or use of data by the User;
      (b) Any infringement of the rights of third parties as a result of the User’s handling of the Data Report and/or Data Intelligence;
      (c) Any violation by the User of applicable data protection laws, including the GDPR.
   9. The Company shall not be held liable for any unlawful disclosure, processing, or dissemination of the contents of the Data Report and/or Data Intelligence once delivered to the User.
9. FEES AND CHARGES
   
   1. The fees for each Offering shall be payable in advance. By completing payment, the User acknowledges and agrees that the relevant Offering is automatically generated and/or made available immediately based solely on information supplied by the User, and that Chainblox has fully performed its obligations once the Output is made available for access or download via the Platform. Accordingly, all Fees are final and non-refundable once the relevant Offering has been made available, including (without limitation) where the User has provided incorrect, incomplete, or inaccurate TXID(s), misunderstood the nature or limitations of the Offering, or is dissatisfied with the Output. The User expressly acknowledges that responsibility for the accuracy, completeness, and suitability of all input data rests solely with the User, and that incorrect or unsuitable input does not constitute a failure of performance by Chainblox. Chainblox does not offer refunds, reversals, or chargebacks once performance has occurred, and any attempt to initiate a chargeback shall be governed by, and constitute a breach under, the applicable Usage & Chargeback Policy accepted by the User at the time of payment.
   2. Depending on the User’s country of residence, additional taxes may be imposed on the Fees payable. The User agrees to incur and pay, and authorizes Chainblox to add, any applicable Value Added Tax (VAT), sales tax, withholding tax, levies, or duties on top of the Fees. The User agrees to pay such taxes as notified by Chainblox as one sum or as separate sums before or after the delivery of the Offerings as they may arise in each case.
   3. All payments made under these Terms shall be made without any withholding or deduction on account of taxes, and all costs relating to the payment shall be undertaken by the User.
   4. The User agrees to indemnify Chainblox in respect of any stamp duty or other taxes that may be payable now or in the future in connection with the provision of any Offering. This includes, but is not limited to, any taxes, fees, charges either associated with the delivery, performance, registration, amendment, enforcement, attempted enforcement of any agreement entered between the User and Chainblox, or any document (incl. any of the Offerings) connected to such agreement or otherwise.
   5. Any other type of support, data or services provided by Chainblox, which are separate from the standard Offerings herein, will be charged separately and will be under a different agreement to be set in place between the User and us. Any service, advice, support that falls outside the scope of the Offerings herein, shall be null and void.
10. CONFLICTS OF INTEREST
    
    1. As a technology data provider, we do not engage in any advisory, financial, legal, forensic or consulting activities that could give rise to conflicts of interest.
    2. Notwithstanding the above or the foregoing, the User acknowledges that Chainblox may provide its data-related services to multiple Users, including those who may have competing or conflicting interests. Such relationships do not and will not impair Chainblox ability to perform its obligations under these Terms, nor will they affect the accuracy, timeliness, or completeness of the Offerings provided to any individual User.
    3. In the event that Chainblox offers additional services, including but not limited to advisory, forensic, legal, or consulting services, under a separate agreement outside of these Terms, the User acknowledges that Chainblox may have similar or conflicting engagements with other Users. The User agrees that such additional services, if engaged, shall be governed by a separate set of terms, conditions, and warranties specifically addressing any potential conflicts of interest. Chainblox shall take all reasonable measures to manage, disclose, and mitigate any potential conflicts of interest that may arise in the course of providing these additional services, ensuring transparency and fairness in all dealings.
    4. The User further agrees that any engagement for additional services under a separate agreement does not alter or affect the nature of the technology data services provided under these Terms, and Chainblox remains committed to maintaining objectivity, neutrality, and the integrity of the data provision process regardless of any additional services that may be offered to the User or any other parties.
11. WARRANTIES AND REPRESENTATIONS
    
    1. You represent, warrant and undertake to us on a continuing basis that:
       
       1. you have the necessary power, authority and capacity to enter into and perform your obligations under these Terms;
       2. any third party that acts on your behalf in connection with these Terms has the necessary power, authority and capacity to do so;
       3. these Terms and any related transactions constitute valid and legally binding obligations that are enforceable against you;
       4. you and your agent (where applicable) are in good standing within the laws of your jurisdiction;
       5. by entering into and performing your obligations under these Terms no breach of the Applicable Regulations or any other legal or regulatory requirements has occurred, is occurring or will occur; and, in particular (without limitation):
          (a) you will comply with all requirements outlined by your domestic legislation with respect to anti-money laundering;
          (b) you will comply with the requirement under any anti-bribery and corruption legislation applicable to you; and
          (c) you will comply with all applicable Sanctions legislation;
       6. no Event of Default has occurred, is occurring or will occur, and will not occur as a result of entering into or performing your obligations under these Terms;
       7. you are aware and understand the risks of the Offerings being offered under these Terms, and you are able to both evaluate the risks and bear the risk of the Offerings and any related transactions;
       8. unless we have agreed otherwise, you are not relying on us for any advice outside of the Offerings scope;
       9. you will, where necessary, take independent advice (including, without limitation, legal advice) to ensure that you fully understand the provisions of these Terms and the legal and financial risks and effects of any Data Report and/or Data Intelligence undertaken;
       10. any and all information given by you or on your behalf to us is complete, accurate and not misleading in any material respect, and you will notify us should any such information change in any material respect; and
    2. If you are acting as agent for any principal, in addition to clause 11.1, you also represent, warrant and undertake to us on a continuing basis that:
       
       1. you have full authority to engage with us in all business you carry on with us under these Terms;
       2. you have carried out all necessary due diligence on your principal or principals, or otherwise, that is required under the Applicable Regulations and/or the rules applicable in your jurisdiction;
       3. you shall use all reasonable endeavors to ensure that any principal on whose behalf you are acting as agent complies with its obligations under any transactions entered into pursuant to these Terms;
       4. you shall provide us with any information regarding the principal as we may reasonably require to fulfil our obligations under the Applicable Regulations; and
       5. you will immediately notify us if you cease to act for the principal or the basis on which you act changes in any material way.
    3. Where you are acting as agent, the representations and warranties made in clauses 11.1 and 11.2 are also made by you on behalf of your principal.
    4. You agree to notify us immediately if any of the warranties and representations given in clauses 11.1 and 11.2 ceases to be true.
    5. Where the User is a legal entity (including but not limited to a corporation, partnership, or law firm), the individual accepting these Terms whether as employee, contractor, director or shareholder as well as agent, represents and warrants on a continuing basis that:
       (a) The limitations, disclaimers, and restrictions on the use of the Data Report, Data Intelligence, and any other Offering have been clearly communicated to and acknowledged by the User’s directors, officers, and shareholders (the “Stakeholders”) prior to any corporate decision-making or strategic action based on such Outputs. (b) The User has obtained the express agreement of its Stakeholders that the Offerings are for high-level informational orientation only, do not constitute professional or expert advice, and cannot be used in any legal, regulatory, or investigative proceeding. (c) Any claim, suit, or legal action brought against Chainblox, its Affiliates, or Vendors by a Stakeholder arising from the User’s failure to communicate these limitations shall constitute a material breach of these Terms. Such a breach triggers the full indemnity provisions under Clause 13, including the User's strict obligation to immediately advance all legal fees and costs incurred by Chainblox in defending against such Stakeholder claims.
12. EVENTS OF DEFAULT
    
    1. An "Event of Default" is any of the following circumstances:
       
       1. you fail to comply with any provision of these Terms;
       2. any representation or warranty made by you or your principal (where you are acting as agent) under these Terms is untrue or ceases to be true in any material way;
       3. you or your principal(s) (where you are acting as agent) fail to comply with or breach the Applicable Regulations, or any other laws of other relevant jurisdictions;
       4. you or any of your Affiliates become subject to Sanctions;
       5. the fulfilment of any of your or our obligations becomes contrary to the Applicable Regulations;
       6. you have falsely presented the Data Report and/or any of the Offerings to Professional Advisors and/or Government Bodies and/or any third party as information and data amounting to forensic data, or data that can be used for litigation, legal, prosecutorial purposes or as data that we have validated and can support in a legal dispute.   
       7. if we reasonably consider it necessary for our protection or the protection of our Affiliates including, but not limited to you attempting to involve us or our Affiliates in legal proceedings without informing us including through the sharing of the Data Report with 3^rd parties and failing to inform them that the Data Report cannot be used as a forensic report or the we will not offer expert witness services.
    2. You agree to notify us of any Event of Default (and the steps, if any, being taken to remedy it) immediately upon becoming aware of it.
13. INDEMNITY AND LIMITATION OF LIABILITY
    
    1. To the maximum extent permitted by law, Chainblox, including its directors, officers, employees, agents, Affiliates, and Vendors, expressly disclaims all liability for any and all losses, claims, liabilities, damages, costs, or expenses, whether direct, indirect, incidental, special, consequential, or punitive, arising out of or in connection with the User’s use of the Platform or any Offering, including any reliance placed on such data or information by the User, or any third party acting as an agent or representative on behalf of the User.
    2. Chainblox ’s total aggregate liability to the User, or any party acting on the Users behalf, shall be strictly limited to the amount paid to Chainblox for the related Offerings to the Users case provided under these Terms of Business. In no event shall Chainblox, its officers, directors, employees, or Vendors be liable for any loss suffered arising from:
       
       1. Any act, omission, failure, data error or delay of third parties or Vendors;
       2. Any failure of the Platform, an electronic service or any other system, platform, data source, or electronic channel permitted under these Terms;
       3. Any indirect, special, incidental, punitive, or consequential damages, including loss of profits, revenue or any other type of financial loss, goodwill, or data, even if Chainblox or its representatives have been advised of the possibility of such damages.
    3. The User shall indemnify, defend, and hold harmless Chainblox, its directors, officers, employees, agents, Affiliates, and Vendors against any and all claims, liabilities, losses, damages, costs, and expenses, including reasonable legal fees, arising directly or indirectly out of or in connection with the User’s use of the Platform and any Offering. This indemnity shall also apply to any action taken by the User, its Professional Advisors and/or Government Bodies or a third party acting for the User that results in any use of an Offering or its output in legal, regulatory, forensic, litigious or investigative proceedings. The indemnity provided herein does not apply to any loss, cost, liability, or expense resulting from Chainblox fraud, willful default, or gross negligence.
    4. Furthermore, nothing in these Terms shall exclude or limit Chainblox ’s liability for fraud or fraudulent misrepresentation or any liability that cannot be excluded under the Applicable Regulations.
    5. Chainblox shall not be held liable for any actions taken in good faith to comply with the Applicable Regulations, including those which may result in delays, refusal, or deferral of any Offering or action.
    6. The User acknowledges and agrees that, in the event the User, its agent or any third party acting for the User causes the Data Report or Data Intelligence to be used in legal, regulatory, or investigative proceedings without Chainblox ’s prior written consent, all rights to the Data Report and Data Intelligence revert immediately to Chainblox. Chainblox reserves the right to take all necessary legal measures, including but not limited to injunctive relief, restraining orders, or confiscation orders, to prevent the unauthorized use of its data.
    7. Chainblox expressly disclaims responsibility for any additional costs incurred by the User, its agent or any third party for further forensic validation, expert witness services, or legal assistance, which are not covered under these Terms. The User agrees that any further engagement of Chainblox or its Vendors for such services shall be governed by separate terms, conditions, and fees.
    8. We shall not be held responsible for any delays in the transmission of any instruction via the Platform or for any delays or failures due to any cause whatsoever beyond our reasonable control. This includes, but is not limited to, system outages, technical failures, cyber-attacks, or any third-party service provider issues. Furthermore, we shall not be liable for any loss, expense, cost, or liability (including consequential loss) suffered or incurred by you as a result.
    9. Additionally, we shall bear no liability for:
       (a) Any delays or setbacks in the progress of your case due to:
       (i) the restriction, limitation, or refusal to use the Data Report by your Professional Advisors or any Government Bodies. You acknowledge that the Data Report is provided solely for informational purposes, and any decision by such entities not to rely on the Data Report or the output of any of our Offerings is beyond our control and does not constitute a failure of our obligations; or
       (ii) the decision of your Professional Advisors or any Government Bodies to use our Data Report or the output of any of our Offerings in a manner that breaches these Terms therefore rendering the Data Report and the outputs null and void or unusable by your Professional Advisors or Government Bodies; or
       (b) Any missing, incomplete, or inaccurate data within the Data Report or the output of any of the Offerings that may result in procedural failures, delays, or negative outcomes in any legal, regulatory, investigative, or forensic processes undertaken by you, your Professional Advisors, or any Government Bodies. We make no representations or warranties regarding the completeness, accuracy, or timeliness of the data contained within the Data Report, and any reliance on such data is solely at your own risk.
    10. Our total liability in connection with any claim arising under these Terms shall in no event exceed the amount paid by you for the relevant Data Report and Data Intelligence services.
14. RECORDING OF COMMUNICATIONS
    
    1. We and others acting on our behalf may, in our/their sole discretion, record all telephone conversations (and all other means of communication, including (but not limited to) email, online meetings and instant messaging), even if those conversations or communications do not result in the conclusion of transactions or in the provision of Offerings. We may do this for quality control and security purposes and in order to comply (and monitor compliance with) the Applicable Regulations and these Terms.
    2. Further to 14.1 you agree that you will take all reasonable steps to inform your employees, agents and sub-contractors that such recording takes place.
    3. The User shall not publish, disseminate, sell, license, submit, or otherwise disclose any recording or transcript of any communication involving Chainblox, its Employees, Affiliates, or Vendors, nor use any such recording or transcript in any legal, regulatory, investigatory, evidentiary, or dispute context, except with Chainblox’s prior written consent.
    4. To the extent the User makes or obtains any recording of communications involving Chainblox, the User does so at its own risk and remains solely responsible for compliance with Applicable Regulations (including Data Protection Laws) and for obtaining any consents required by law.
    5. Any breach of clauses 14.3–14.4 shall constitute a material breach and, without prejudice to any other rights or remedies, Chainblox may suspend or terminate access to the Platform and Offerings and seek injunctive and/or compensatory relief.
    6. Chainblox may record communications to the extent permitted by Applicable Regulations for purposes of security, quality control, training, fraud prevention, compliance with Applicable Regulations, and the establishment, exercise, or defence of legal claims. Recordings will be retained in accordance with Chainblox’s retention practices as updated from time to time in accordance with Data Protection Laws.
15. ACTIONS BY PROFESSIONAL ADVISORS AND/OR GOVERNMENTAL BODIES
    
    1. If any Governmental Bodies and/or Professional Advisors take or threaten any action that affects (or may affect) Chainblox directly or indirectly (including operationally, financially, reputationally, or by seeking to compel disclosure, testimony, attendance, or production), Chainblox may take such steps as it reasonably considers necessary to protect itself, its Affiliates, and/or Vendors, including suspending or terminating access to the Platform and/or any Offering, refusing to provide further Outputs, and/or imposing reasonable conditions on continued access. Neither Chainblox nor its Affiliates or Vendors shall incur liability for any such protective steps.
    2. The User hereby acknowledges and agrees that it will inform its Professional Advisors and/or Government Bodies of these Terms and that any part of the Offerings are strictly provided for informational purposes, to assist the User, its Professional Advisors and/or Government Bodies in understanding the movement of the Users Digital Assets. Chainblox consents for the Data Reports and its findings to be viewed and consulted by Government Bodies or Professional Advisors, for the sole purpose of (i) using the data to run their own forensic analysis; and (ii) for gaining a better understanding of the relevant matters and/or for allowing them to expedite their investigations.
    3. Notwithstanding the foregoing, Chainblox expressly does not consent to or support the use of the Data Reports, or any part of the Offerings, as evidence or documentation in any court proceedings, or any form of legal, regulatory, or administrative action/s. The Data Reports are not intended to serve as forensic reports and shall not be relied upon by Government Bodies and/or Professional Advisors and/or third parties for the purpose of establishing or supporting legal claims, investigations, or other form of activity or exercise that may require the expert advice and/or attendance (physical or otherwise) of Chainblox and/or its employees and/or its Affiliates and/or Vendors as witnesses or experts in any forum. Any such use is strictly prohibited.
16. PROCEEDINGS
    
    1. If any action or proceeding is brought or threatened by or against us, against or by a third party, in relation to any Offering which you entered into pursuant to these Terms, you shall cooperate with us to the fullest extent possible in the prosecution or defense of such action or proceeding.
17. INFORMATION
    
    1. You shall provide any information requested by Chainblox that is necessary for it to comply with its obligations under the Applicable Regulations. Such information may include evidence reasonably satisfactory to us as to your identity (including your trading name, brand or logo) and other anti-money laundering requirements.
    2. You consent (and where you act for another person will procure their consent) for us to provide to competent authorities, directly or indirectly:
       
       1. information about you;
       2. any Digital Assets you, any person you act for, or any person acting for you, holds;
       3. details relating to the persons giving Instructions on your behalf;
          in compliance with any disclosure or reporting obligation we may have under the Applicable Regulations. You consent to us making public relevant details of quotes provided to you and transactions executed for you in accordance with the Applicable Regulations.
    3. You irrevocably authorise us to disclose to Government Bodies, in any part of the world and to any Affiliate, Vendor or third party, any information relating to you, including your Digital Asset data and positions, which is in our possession and which we are obliged or required to disclose or the disclosure of which may be necessary for the performance of our obligations under these Terms, any additional agreement(s) or otherwise.
    4. We may provide information about you to any Affiliates, Vendors or third parties or otherwise for the purposes of processing your Instructions, or to any of our Affiliates for marketing purposes or in connection with the provisions of other services.
    5. We may use your marketing information including your brand, logo or corporate name without any further permission required from you as part of our marketing material and campaigns and include all or some of the aforementioned on our website or other marketing materials that we may generate and disseminate from time to time, until such time that you instruct us to the contrary.
18. DATA PROTECTION AND PERMITTED DISCLOSURES
    
    1. For the purposes of the Data Protection Laws, we will be the data controller in respect of any Personal Data that you provide to us.
    2. Notwithstanding anything to the contrary, you specifically authorise that we may process any such information (whether provided electronically or otherwise):
       
       1. to the extent necessary to administer and operate the Offerings in accordance with these Terms;
       2. to pursue legitimate interests, in particular in the course of the operational support and development of our businesses;
       3. to carry out, if necessary, money laundering or conflict checks, for fraud and financial crime prevention purposes;
       4. to exercise and defend our legal rights or that of any Affiliate or Vendor;
       5. in order to comply with legal and regulatory obligations (including any legal or regulatory guidance, codes or opinions) applicable to us or any Affiliate or Vendor;
       6. in order to comply with legal and regulatory requests made to us or any Affiliate;
       7. for recording of communications as described in clause 14;
          and you acknowledge and agree that we or our Affiliates may disclose any such information (including, without limitation, information relating to your transactions and accounts) for any of the purposes described above to:
       8. any Government Bodies;
       9. any exchange, clearing house and self-regulated organisation (whether of a governmental nature or otherwise), in any jurisdiction, as and when requested by them;
       10. as required by the Applicable Regulations;
       11. anyone to whom we transfer or propose to transfer any of our rights or duties under these Terms; and
           You acknowledge and agree that in doing so, we may transfer or disclose such information to our Affiliates, Vendors or to third parties processing such information on our or our Vendor’s / Affiliates' behalf or otherwise providing us or them with professional or other services, or to third parties to whom we disclose information in the course of providing the Offerings, in each case wherever located in the world. Where such information is transferred to countries or territories outside the European Economic Area that are not recognised by the European Commission as offering an adequate level of data protection, we will put in place appropriate data transfer mechanisms, either by having in place EU-approved standard contractual clauses to govern the transfer or using another basis to ensure the transfer complies with the applicable Data Protection Laws.
           You agree that we may, pursuant to these Terms, from time to time make direct contact with you by telephone, email or otherwise without your express invitation.
19. FORCE MAJEURE
    
    1. A failure by us to perform, or a delay in performing, any of our obligations under these Terms will be excused if performance was prevented or delayed by events beyond our control. An event described in this clause 19 is a "Force Majeure Event".
    2. Examples of Force Majeure Events include, but are not limited to, a change in any law, order, regulation or threat from any governmental or other authority (i) to prohibit the Offerings that are the subject of these Terms; or (ii) which prevent completion of any transaction under these Terms; a failure of the systems used by us or by one or more of our Vendors (incl. data providers, oracles or other data networks), acts of god, labour dispute/s, shortage of materials, fire, earthquake, flood, war or any other event beyond our reasonable control.
    3. We shall use our best efforts to limit, as far as possible, any negative consequences of any relevant Force Majeure Event.
    4. If either we or you become aware of a Force Majeure Event it shall, on becoming so aware, notify the other party of the event.
       If the Force Majeure Event prevents a party’s performance for a continuous period in excess of thirty (30) calendar days, either party may thereafter terminate the relationship in accordance with the terms of the Termination clause herein.
20. COMPLAINTS
    
    1. If you have a complaint about any part of your relationship with us, you should, in the first instance, raise it with us via email at info@chainblox.com.
21. FIDUCIARY DUTIES
    
    1. Nothing in these Terms, the relationship between us or any other matter will give rise to any fiduciary or equitable duties on our part which would oblige us to accept responsibilities more extensive than those set out in these Terms.
22. ASSIGNMENT
    
    1. Neither you, your principal, nor your Affiliates may transfer or assign any of your rights or obligations, or delegate any of your or your Affiliates' obligations under these Terms to any person without our prior written consent.
    2. We may, upon written notice to you, assign or transfer our rights or obligations under these Terms to our Vendors, Affiliates or a third party of our choosing.
23. THIRD PARTY RIGHTS
    
    1. Any of our Affiliates may enforce and rely on these Terms to the same extent as if that Affiliate were a party to these Terms or transactions under these Terms, where the Terms confer a benefit on that Affiliate. For the avoidance of doubt, we may amend these terms in accordance with clause 27 without requiring the consent of any Affiliate.
24. SURVIVAL AND SEVERABILITY
    
    1. The continuing obligations under these Terms, including without limitation clauses 13 (Indemnity and Limitation of Liability), 16 (Proceedings), 18 (Data Protections and Permitted Disclosures), 23 (Third Party Rights) and 31 (Law and Jurisdiction) will survive the termination of these Terms.
    2. To the extent that any clause, sub-clause or part contained in these Terms is or becomes illegal, void or unenforceable, that clause, sub-clause or part will be deemed severed from the remainder of the Terms, including all other clauses, sub-clauses or parts, which shall remain operational and unaffected.
25. ENTIRE AGREEMENT
    
    1. These Terms constitute the entirety of the agreement on which we will conduct business and provide any of the Offerings. No other terms and conditions of business (including amendments) will apply unless made in accordance with clause 27.
26. NO WAIVER
    
    1. Any failure by us to exercise or delay in exercising a right or remedy under these Terms or by law shall not constitute a waiver of the right or remedy or a waiver of other rights or remedies. No single or partial exercise of a right or remedy provided under these Terms or by law prevents the further exercise of the right or remedy or the exercise of another right or remedy by us.
    2. A waiver by us in respect of a breach of these Terms or any other default in respect of these Terms must be in writing and signed by us to be effective. A waiver by us in respect of a breach of these Terms or any other default in respect of these Terms does not constitute a waiver by us of a subsequent or prior breach or default in respect of these Terms.
27. AMENDMENT
    
    1. We may amend these Terms from time to time by providing the User with notice of the revised Terms via email and/or by making them available in a durable medium through the Platform. Amendments will take effect no earlier than fourteen (14) days after notice, unless a shorter period is required to comply with Applicable Regulations, to address security or fraud risks, or to implement changes that are not materially detrimental to the User.
    2. Where an amendment is materially detrimental to a User who is a consumer, the User may terminate these Terms with effect before the amendment takes effect by providing notice to Chainblox in accordance with clause 28, and Chainblox will not impose any penalty solely for such termination (without prejudice to Fees properly due for Offerings already made available).
28. NOTICES
    
    1. Any notices given under these Terms shall be in writing and shall be deemed to be effectively given:
       
       1. upon delivery to us or you, if delivered personally or by internationally recognised courier at our respective registered address;
       2. solely for notices sent by us to you, when distributed via any means of electronic communication (including our Website).
    2. A notice from us may be sent to your last known address or email address.
    3. Unless stated otherwise in these Terms, service of any notice under these Terms to us shall be effective only upon actual receipt by us.
    4. We may send notices to your principal, instead of you, where we consider that to be reasonable or desirable in the circumstances.
29. TERMINATION
    
    1. Either party may terminate these Terms by giving the other party ten (10) Business Days written notice.
    2. Where these Terms are terminated on the basis of sub-clause (1) herein, you and us shall both complete all Offerings that are already in progress, but have not yet been settled before the date of termination, and these Terms shall continue to bind both you and us in relation to such Offerings.
30. LANGUAGE
    
    1. These Terms are supplied to you in English and all communications with you under these Terms will be in English. You are responsible for translating these Terms and any other communications into a language other          than English.
31. LAW AND JURISDICTION
    
    1. Unless stated otherwise, these Terms shall be governed exclusively by and shall be construed exclusively in accordance with the laws of Cyprus.
    2. Unless stated otherwise, in relation to any dispute, disagreement or otherwise in connection with these Terms, its Offerings and any  Instructions executed in connection with or under these Terms (a "Dispute"), we and you (and, where you are acting as agent on behalf of a principal, your principal) irrevocably submit to the exclusive jurisdiction of the Cyprus courts. You (and, where you are acting as agent on behalf of a principal, your principal) irrevocably agree that the Cyprus courts are the most convenient and appropriate court to settle any Dispute.
    3. Should the User, their Professional Advisors, or any third-party attempt to compel the attendance or testimony of Chainblox or any Chainblox employee or Vendor, the User shall pay an advanced legal compliance deposit of EUR3000- per day of anticipated attendance. This sum must be paid into Chainblox’s nominated account 72 hours prior to any scheduled appearance. Failure to provide this deposit shall be deemed a material breach, and Chainblox shall seek to have any summons or subpoena set aside at the User’s sole cost.