This disclaimer (the “Disclaimer”) explains the terms and conditions governing your access to the https://tokenquest.org / website (the “Site”) and/or our services as described on the Site (the “Services”; unless the context provides otherwise, the Services shall be deemed to include the Site). This Disclaimer, together with the Terms and Conditions (the “Terms”), forms a binding legal agreement between you and TokenQuest (“TokenQuest” or “we” or “our” and its derivatives).
You must read this Disclaimer carefully. By accessing the Site and/or using the Services, you signify that you have read, understand and agree to be bound by this Disclaimer in its entirety and understand the risks related to the Services and crypto-assets in general. You agree to comply with this Disclaimer even if our methods to prevent the use of the Services are not effective or can be bypassed. If you do not agree with anything in this Disclaimer, you may not use the Services. We may implement controls to restrict access to the Services from any jurisdiction or persons prohibited pursuant to this Disclaimer.
Indemnification
You agree to indemnify and hold TokenQuest harmless from any losses, costs, liabilities and expenses (including legal fees) relating to or arising out of: (a) your use of, or inability to use, the Services; (b) your violation of this Disclaimer or the Terms; (c) your violation of any rights of another party, including but not limited to any other users of the Services; or (d) your violation of any applicable laws.
TokenQuest may, at its own discretion, assume the exclusive defense and control of any matter otherwise subject to indemnification by you, in which event you shall fully cooperate with TokenQuest in asserting any available defenses. This provision does not require you to indemnify TokenQuest for any fraud, gross negligence, or willful misconduct of TokenQuest.
Risks related to crypto-assets
You confirm that you fully understand that (i) our crypto products and related services are unregulated and can be highly risky; (ii) there may be no regulatory recourse for any loss from crypto-related transactions; (iii) investment in crypto-assets or similar products carries a high risk, may not be suitable for retail investors and the entire amount invested may be lost.
TokenQuest is not a bank, securities firm, financial institution, financial services provider or provider of similar services and does not provide investment, tax or financial advice, financial services or consulting services to users of the Services. We are solely the provider of the Services. Your logged digital assets are not covered by insurance against losses or subject to any deposit insurance schemes or protections.
Tax reporting
You understand that you are solely responsible for any tax reporting and payment, levies or similar duties applying to you in relation to your use of the Services (including but not limited to your purchase and/or sale of any digital assets) and you agree to hold us harmless and indemnify us for any tax-related obligations applicable to you in relation to your use of the Services.
Restricted countries and territories
You may not use the Services if you are located in, or are a citizen or resident of any state, country, territory or other jurisdiction where your use of the Services would be illegal or where your use of the Services would amount to any violation of any applicable law either by you or by TokenQuest, which is your obligation to check before using the Services, including but not limited to:
- Algeria
- Australia
- Austria
- Bahrain
- Bangladesh
- Benin
- Bolivia
- Burkina Faso
- Burundi
- Cameroon
- Canada
- Central African Republic
- Chad
- China
- Côte d’Ivoire
- Crimea region of Ukraine
- Cuba
- Democratic Republic of Congo
- Democratic People’s Republic of Korea (North Korea)
- Ecuador
- Egypt
- France
- Gabon
- Georgia
- Germany
- Guyana
- Indonesia
- Iran
- Iraq
- Italy
- Japan
- Jordan
- Kazakhstan
- Kuwait
- Lebanon
- Lesotho
- Libya
- Macao
- Maldives
- Mali
- Moldova
- Morocco
- Namibia
- Nepal
- Niger
- Nigeria
- Oman
- Pakistan
- Palau
- Qatar
- Republic of Congo
- Russia
- Saudi Arabia
- Senegal
- Singapore
- South Korea
- Syria
- Tajikistan
- Tanzania
- Togo
- Tunisia
- Turkey
- Turkmenistan
- United Arab Emirates
- United Kingdom
- United States (being the United States of America (including the states and District of Columbia) and any of its territories, possessions and other areas subject to its jurisdiction)
- Vietnam
- Zimbabwe
- any Financial Action Task Force (FATF) high-risk jurisdiction or a FATF jurisdiction with strategic deficiencies (as listed here: https://www.fatf-gafi.org/publications/high-risk-and-other-monitored-jurisdictions/documents/increased-monitoring-june-2022.html, here: http://www.fatf-gafi.org/publications/high-risk-and-other-monitored-jurisdictions/documents/call-for-action-february-2020.html or elsewhere and as updated and/or amended from time to time), and any jurisdiction for which the Services, or any offer or solicitation in respect of the Services, would require registration or licensing or otherwise would be unlawful.
Restricted persons
The Services are also not available to any person who is the subject of economic or financial sanctions or trade embargoes administered or enforced from time to time by (a) the U.S. government, including those administered by the Office of Foreign Assets Control (OFAC) or the U.S. Department of State or (b) the United Nations Security Council, the European Union or Her Majesty’s Treasury of the United Kingdom; or (c) any other relevant sanctions authority (“Sanctions”) or is organized or resident in a country or territory that is the subject of country-wide or territory-wide Sanctions.
Last Updated Date: 28 Jan 2024