Forks. 9.1. You understand, acknowledge and agree that the underlying operating rules of certain Virtual Currency may change from time to time in such a way as to result in more than one related version of an existing Virtual Currency (each instance of any such change, a “Fork”). If a Fork occurs, it will result in the creation of a new Virtual Currency (the “New Forked Virtual Currency ”) related to an existing Virtual Currency (the “Prior Virtual Currency ”). As a result, we will hold an amount of the New Forked Virtual Currency proportional to our holdings of the Prior Virtual Currency. You further understand, acknowledge and agree that each Fork may materially affect the value, function, and/or name of the original Virtual Currency you hold in your Account and that the New Forked Virtual Currency may have minimal or no value. WE HAVE NO CONTROL OVER, NOR DO WE HAVE THE ABILITY TO INFLUENCE, THE CREATION OR IMPLEMENTATION OF A FORK OR OF THE NEW FORKED VIRTUAL CURRENCY. WE CAN PROVIDE NO ASSURANCES ABOUT THE SECURITY, FUNCTIONALITY OR SUPPLY OF ANY VIRTUAL CURRENCY, INCLUDING BOTH THE NEW FORKED VIRTUAL CURRENCY AND THE PRIOR VIRTUAL CURRENCY. YOU UNDERSTAND, ACKNOWLEDGE AND AGREE THAT WE ASSUME NO LIABILITY RELATING TO ANY CHANGE IN THE VALUE OF ANY VIRTUAL CURRENCY (WHETHER OR NOT RESULTING FROM A FORK). 9.2. If a Fork occurs, you understand, acknowledge and agree that we may temporarily suspend the operations of the Exchange Platform (with or without advance notice to you) while we determine, in our sole discretion, whether to support either or both of the New Forked Virtual Currency and the Prior Virtual Currency. In addition, while we will endeavor to make this determination expeditiously, we have the right to continue the suspension of the Exchange Platform for such length of time as we deem prudent in order to make such determination. You understand, acknowledge and agree that the Exchange Platform is unlikely to support trading in all New Forked Virtual Currencies. 9.3. You understand, acknowledge and agree that you have no right, claim or privilege in, or with respect to, any New Forked Virtual Currency. If we do not support a New Forked Virtual Currency, you may not be able to withdraw the New Forked Virtual Currency from the Exchange Platform promptly or at all; you may not be able to trade the New Forked Virtual Currency on our platform for fiat currency or other crypto assets; and you may lose any value associated with such New Forked Virtual Currency. If we determine not to support a New Forked Virtual Currency, we may, in our sole discretion, (i) obtain and retain the New Forked Virtual Currency as property belonging to us; or (ii) make the New Forked Virtual Currency available to you on a one- time basis, based on your holding of the Prior Virtual Currency at the time of the Fork, subject to the withholding and retention by us of an amount reasonably calculated to fairly compensate us for the cost of making such New Forked Virtual Currency available and subject to our withdrawal procedures. We will notify you if only if we elect to permit a one-time withdrawal pursuant to (ii) above. 9.4. You understand, acknowledge and agree that if you or a third party deposits an amount of a New Forked Virtual Currency (or any other crypto asset) that the Exchange Platform does not support into our omnibus client account for crypto assets, we have the right to and will account for any such unsupported crypto asset (including unsupported New Forked Virtual Currency) as belonging to us. We have, and assume, no obligation or duty to return the crypto asset transmitted to one of our accounts on an unsolicited basis.
Appears in 3 contracts
Samples: Customer Agreement, Customer Agreement, Customer Agreement
Forks. 9.1. You understand, acknowledge and agree that the underlying operating rules of certain Virtual Currency may change from time to time in such a way as to result in more than one related version of an existing Virtual Currency (each instance of any such change, a “Fork”). If a Fork occurs, it will result in the creation of a new Virtual Currency (the “New Forked Virtual Currency Currency”) related to an existing Virtual Currency (the “Prior Virtual Currency Currency”). As a result, we will hold an amount of the New Forked Virtual Currency proportional to our holdings of the Prior Virtual Currency. You further understand, acknowledge and agree that each Fork may materially affect the value, function, and/or name of the original Virtual Currency you hold in your Account and that the New Forked Virtual Currency may have minimal or no value. WE HAVE NO CONTROL OVER, NOR DO WE HAVE THE ABILITY TO INFLUENCE, THE CREATION OR IMPLEMENTATION OF A FORK OR OF THE NEW FORKED VIRTUAL CURRENCY. WE CAN PROVIDE NO ASSURANCES ABOUT THE SECURITY, FUNCTIONALITY OR SUPPLY OF ANY VIRTUAL CURRENCY, INCLUDING BOTH THE NEW FORKED VIRTUAL CURRENCY AND THE PRIOR VIRTUAL CURRENCY. YOU UNDERSTAND, ACKNOWLEDGE AND AGREE THAT WE ASSUME NO LIABILITY RELATING TO ANY CHANGE IN THE VALUE OF ANY VIRTUAL CURRENCY (WHETHER OR NOT RESULTING FROM A FORK).
9.2. If a Fork occurs, you understand, acknowledge and agree that we may temporarily suspend the operations of the Exchange Platform (with or without advance notice to you) while we determine, in our sole discretion, whether to support either or both of the New Forked Virtual Currency and the Prior Virtual Currency. In addition, while we will endeavor to make this determination expeditiously, we have the right to continue the suspension of the Exchange Platform for such length of time as we deem prudent in order to make such determination. You understand, acknowledge and agree that the Exchange Platform is unlikely to support trading in all New Forked Virtual Currencies.
9.3. You understand, acknowledge and agree that you have no right, claim or privilege in, or with respect to, any New Forked Virtual Currency. If we do not support a New Forked Virtual Currency, you may not be able to withdraw the New Forked Virtual Currency from the Exchange Platform promptly or at all; you may not be able to trade the New Forked Virtual Currency on our platform for fiat currency or other crypto assets; and you may lose any value associated with such New Forked Virtual Currency. If we determine not to support a New Forked Virtual Currency, we may, in our sole discretion, (i) obtain and retain the New Forked Virtual Currency as property belonging to us; or (ii) make the New Forked Virtual Currency available to you on a one- time basis, based on your holding of the Prior Virtual Currency at the time of the Fork, subject to the withholding and retention by us of an amount reasonably calculated to fairly compensate us for the cost of making such New Forked Virtual Currency available and subject to our withdrawal procedures. We will notify you if only if we elect to permit a one-time withdrawal pursuant to (ii) above.
9.4. You understand, acknowledge and agree that if you or a third party deposits an amount of a New Forked Virtual Currency (or any other crypto asset) that the Exchange Platform does not support into our omnibus client account for crypto assets, we have the right to and will account for any such unsupported crypto asset (including unsupported New Forked Virtual Currency) as belonging to us. We have, and assume, no obligation or duty to return the crypto asset transmitted to one of our accounts on an unsolicited basis.
Appears in 1 contract
Samples: Customer Agreement
Forks. 9.1. You understand, acknowledge and agree that the underlying operating rules of certain Virtual Currency may change from time to time in such a way as to result in more than one related version of an existing Virtual Currency (each instance of any such change, a “Fork”). If a Fork occurs, it will result in the creation of a new Virtual Currency (the “New Forked Virtual Currency Currency”) related to an existing Virtual Currency (the “Prior Virtual Currency Currency”). As a result, we will hold an amount of the New Forked Virtual Currency proportional to our holdings of the Prior Virtual Currency. You further understand, acknowledge and agree that each Fork may materially affect the value, function, and/or name of the original Virtual Currency you hold in your Account and that the New Forked Virtual Currency may have minimal or no value. WE HAVE NO CONTROL OVER, NOR DO WE HAVE THE ABILITY TO INFLUENCE, THE CREATION OR IMPLEMENTATION OF A FORK OR OF THE NEW FORKED VIRTUAL CURRENCY. WE CAN PROVIDE NO ASSURANCES ABOUT THE SECURITY, FUNCTIONALITY OR SUPPLY OF ANY VIRTUAL CURRENCY, INCLUDING BOTH THE NEW FORKED VIRTUAL CURRENCY AND THE PRIOR VIRTUAL CURRENCY. YOU UNDERSTAND, ACKNOWLEDGE AND AGREE THAT WE ASSUME NO LIABILITY RELATING TO ANY CHANGE IN THE VALUE OF ANY VIRTUAL CURRENCY (WHETHER OR NOT RESULTING FROM A FORK).
9.2. If a Fork occurs, you understand, acknowledge and agree that we may temporarily suspend the operations of the Exchange Platform (with or without advance notice to you) while we determine, in our sole discretion, whether to support either or both of the New Forked Virtual Currency and the Prior Virtual Currency. In addition, while we will endeavor to make this determination expeditiously, we have the right to continue the suspension of the Exchange Platform for such length of time as we deem prudent in order to make such determination. You understand, acknowledge and agree that the Exchange Platform is unlikely to support trading in all New Forked Virtual Currencies.
9.3. You understand, acknowledge and agree that you have no right, claim or privilege in, or with respect to, any New Forked Virtual Currency. If we do not support a New Forked Virtual Currency, you may not be able to withdraw the New Forked Virtual Currency from the Exchange Platform promptly or at all; you may not be able to trade the New Forked Virtual Currency on our platform for fiat currency or other crypto assets; and you may lose any value associated with such New Forked Virtual Currency. If we determine not to support a New Forked Virtual Currency, we may, in our sole discretion, (i) obtain and retain the New Forked Virtual Currency as property belonging to us; or (ii) make the New Forked Virtual Currency available to you on a one- one-time basis, based on your holding of the Prior Virtual Currency at the time of the Fork, subject to the withholding and retention by us of an amount reasonably calculated to fairly compensate us for the cost of making such New Forked Virtual Currency available and subject to our withdrawal procedures. We will notify you if only if we elect to permit a one-time withdrawal pursuant to (ii) above.
9.4. You understand, acknowledge and agree that if you or a third party deposits an amount of a New Forked Virtual Currency (or any other crypto asset) that the Exchange Platform does not support into our omnibus client account for crypto assets, we have the right to and will account for any such unsupported crypto asset (including unsupported New Forked Virtual Currency) as belonging to us. We have, and assume, no obligation or duty to return the crypto asset transmitted to one of our accounts on an unsolicited basis.
Appears in 1 contract
Samples: Customer Agreement
Forks. 9.1. You understand, acknowledge and agree that the underlying operating rules of certain Virtual Currency may change from time to time in such a way as to result in more than one related version of an existing Virtual Currency VirtualCurrency (each instance of any such change, a “Fork”). If a Fork occurs, it will result in the creation of a new Virtual Currency (the “New Forked Virtual Currency ”) related to an existing Virtual Currency (the “Prior Virtual Currency VirtualCurrency ”). As a result, we will hold an amount of the New Forked Virtual Currency proportional to our holdings of the Prior Virtual Currency. You further understand, acknowledge and agree that each Fork may materially affect the value, function, and/or name of the original Virtual Currency you hold in your Account and Accountand that the New Forked Virtual Currency may have minimal or no value. WE HAVE NO CONTROL OVER, NOR DO WE HAVE THE ABILITY TO INFLUENCE, THE CREATION OR IMPLEMENTATION OF A FORK OR OF THE NEW FORKED VIRTUAL CURRENCY. WE CAN PROVIDE NO ASSURANCES ABOUT THE SECURITY, FUNCTIONALITY OR SUPPLY OF ANY VIRTUAL CURRENCY, INCLUDING BOTH THE NEW FORKED VIRTUAL CURRENCY AND THE PRIOR VIRTUAL CURRENCY. YOU UNDERSTAND, ACKNOWLEDGE AND AGREE THAT WE ASSUME NO LIABILITY RELATING TO ANY CHANGE IN THE VALUE OF ANY VIRTUAL ANYVIRTUAL CURRENCY (WHETHER OR NOT RESULTING FROM A FORK).
9.2. If a Fork occurs, you understand, acknowledge and agree that we may temporarily suspend the operations of the Exchange Platform (with or without advance notice to you) while we determine, in our sole discretion, whether to support either or both of the New Forked Virtual Currency and the Prior Virtual Currency. In addition, while we will endeavor to make this determination expeditiously, we have the right to continue the suspension of the Exchange Platform for such length of time as we deem prudent in order to make such determination. You understand, acknowledge and agree that the Exchange Platform is unlikely to support trading in all New Forked Virtual Currencies.
9.3. You understand, acknowledge and agree that you have no right, claim or privilege in, or with respect to, any New Forked Virtual Currency. If we do not support a New Forked Virtual Currency, you may not be able to withdraw towithdraw the New Forked Virtual Currency from the Exchange Platform promptly or at all; you may not be able to ableto trade the New Forked Virtual Currency on our platform for fiat currency or other crypto assets; and you may lose maylose any value associated with such New Forked Virtual Currency. If we determine not to support a New Forked Virtual Currency, we may, in our sole discretion, (i) obtain and retain the New Forked Virtual Currency as property belonging to us; or (ii) make the New Forked Virtual Currency available to you on a one- time basis, ,based on your holding of the Prior Virtual Currency at the time of the Fork, subject to the withholding and retention by us of an amount reasonably calculated to fairly compensate us for the cost of making such New Forked Virtual Currency available and subject to our withdrawal procedures. We will notify you if only if we elect to permit a one-time withdrawal pursuant to (ii) above.
9.4. You understand, acknowledge and agree that if you or a third party deposits an amount of a New Forked Virtual ForkedVirtual Currency (or any other crypto asset) that the Exchange Platform does not support into our omnibus client account for crypto assets, we have the right to and will account for any such unsupported crypto asset (including asset(including unsupported New Forked Virtual Currency) as belonging to us. We have, and assume, no obligation or duty to return the crypto asset transmitted to one of our accounts on an unsolicited basis.
Appears in 1 contract
Samples: Customer Agreement
Forks. 9.10.0. You Xxx understand, acknowledge and agree that the underlying operating rules of certain Virtual Currency may change from time to time in such a way as to result in more than one related version of an existing Virtual Currency (each instance of any such change, a “Fork”). If a Fork occurs, it will result in the creation of a new Virtual Currency (the “New Forked Virtual Currency Currency”) related to an existing Virtual Currency (the “Prior Virtual Currency Currency”). As a result, we will hold an amount of the New Forked Virtual Currency proportional to our holdings of the Prior Virtual Currency. You further understand, acknowledge and agree that each Fork may materially affect the value, function, and/or name of the original Virtual Currency you hold in your Account and that the New Forked Virtual Currency may have minimal or no value. WE HAVE NO CONTROL OVER, NOR DO WE HAVE THE ABILITY TO INFLUENCE, THE CREATION OR IMPLEMENTATION OF A FORK OR OF THE NEW FORKED VIRTUAL CURRENCY. WE CAN PROVIDE NO ASSURANCES ABOUT THE SECURITY, FUNCTIONALITY OR SUPPLY OF ANY VIRTUAL CURRENCY, INCLUDING BOTH THE NEW FORKED VIRTUAL CURRENCY AND THE PRIOR VIRTUAL CURRENCY. YOU UNDERSTAND, ACKNOWLEDGE AND AGREE THAT WE ASSUME NO LIABILITY RELATING TO ANY CHANGE IN THE VALUE OF ANY VIRTUAL CURRENCY (WHETHER OR NOT RESULTING FROM A FORK).
9.2. If a Fork occurs, you understand, acknowledge and agree that we may temporarily suspend the operations of the Exchange Platform (with or without advance notice to you) while we determine, in our sole discretion, whether to support either or both of the New Forked Virtual Currency and the Prior Virtual Currency. In addition, while we will endeavor to make this determination expeditiously, we have the right to continue the suspension of the Exchange Platform for such length of time as we deem prudent in order to make such determination. You understand, acknowledge and agree that the Exchange Platform is unlikely to support trading in all New Forked Virtual Currencies.
9.30.0. You Xxx understand, acknowledge and agree that you have no right, claim or privilege in, or with respect to, any New Forked Virtual Currency. If we do not support a New Forked Virtual Currency, you may not be able to withdraw the New Forked Virtual Currency from the Exchange Platform promptly or at all; you may not be able to trade the New Forked Virtual Currency on our platform for fiat currency or other crypto assets; and you may lose any value associated with such New Forked Virtual Currency. If we determine not to support a New Forked Virtual Currency, we may, in our sole discretion, (i) obtain and retain the New Forked Virtual Currency as property belonging to us; or (ii) make the New Forked Virtual Currency available to you on a one- one-time basis, based on your holding of the Prior Virtual Currency at the time of the Fork, subject to the withholding and retention by us of an amount reasonably calculated to fairly compensate us for the cost of making such New Forked Virtual Currency available and subject to our withdrawal procedures. We will notify you if only if we elect to permit a one-time withdrawal pursuant to (ii) above.
9.4. You understand, acknowledge and agree that if you or a third party deposits an amount of a New Forked Virtual Currency (or any other crypto asset) that the Exchange Platform does not support into our omnibus client account for crypto assets, we have the right to and will account for any such unsupported crypto asset (including unsupported New Forked Virtual Currency) as belonging to us. We have, and assume, no obligation or duty to return the crypto asset transmitted to one of our accounts on an unsolicited basis.
Appears in 1 contract
Samples: Customer Agreement