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Terms of Use

1. Contractual Prevalence

Unless otherwise agreed in a separate written agreement, these Terms and Conditions (the “Terms”) govern all services provided by Liquorice Labs Inc., a Delaware corporation with its principal office at 2093 Philadelphia Pike #3309, Claymont, DE 19703, United States, and its subsidiaries and affiliates (collectively, “Liquorice Labs,” “we,” “us,” or “our”).

In case of conflict between these Terms and any other agreement (the “Agreement”), the Agreement shall prevail. These Terms apply notwithstanding any conflicting terms from clients or third parties.

We reserve the right to amend these Terms. Changes will take effect 14 days after notification to the counterparty (the “Counterpart”).

Capitalized terms not defined herein shall have the meanings ascribed in other agreements between Liquorice Labs and the Counterpart.

2. Definitions

"Agreement"

Any contract between Liquorice Labs and the Counterpart, including schedules, amendments, these Terms, and our Privacy Notice.

"Confidential Information"

Non-public information exchanged under this Agreement (e.g., trade secrets, business strategies, technical data), regardless of form.

"Counterpart"

The individual or entity contracting with Liquorice Labs.

"Effective Date"

The date the Agreement is signed.

"Force Majeure"

Events beyond reasonable control (e.g., natural disasters, war, pandemics, regulatory actions) delaying or preventing performance.

"Intellectual Property Rights (IPR)"

Copyrights, patents, trademarks, trade secrets, and other proprietary rights worldwide.

3. Ownership and License Grant

  • All IPR remains with its originator. No ownership is transferred under these Terms.

  • The Counterpart grants Liquorice Labs a non-exclusive, worldwide, royalty-free license to use its IPR solely to perform services under the Agreement.

  • The Counterpart indemnifies Liquorice Labs against any IPR infringement claims.

4. Confidentiality

  • Neither party shall disclose the other’s Confidential Information except as necessary to fulfill the Agreement or as required by law.

  • Confidentiality obligations survive termination. Upon request, all Confidential Information must be returned or destroyed.

5. Counterpart Acknowledgments

The Counterpart agrees to:

  • Provide required KYC/AML documentation.

  • Acknowledge the risks of trading digital assets (e.g., volatility, regulatory uncertainty).

  • Seek independent legal/financial advice before engaging with Liquorice Labs.

6. Data Protection

Processing of personal data is governed by our Privacy Notice (www.liquorice.tech/privacy-policy). Where a Data Processing Agreement exists, it supersedes this section.

7. Representations and Warranties

Each party represents that:

  • It is duly organized and authorized to enter the Agreement.

  • Execution does not violate any laws or third-party rights.

  • The Counterpart has sufficient expertise in financial/digital asset markets.

8. Limitation of Liability

  • Liquorice Labs is not liable for indirect, consequential, or exemplary damages (e.g., lost profits).

  • Liability is limited to cases of gross negligence or willful misconduct.

9. Taxes

  • Each party is responsible for its own taxes.

  • The Counterpart must provide FATCA/CRS documentation if requested. Failure may result in withholding.

10. Miscellaneous

  • Severability: Invalid provisions will be adjusted to reflect intent.

  • No Waiver: Failure to enforce a right does not waive it.

  • Assignment: The Counterpart may not assign the Agreement without our written consent.

  • Survival: Sections on IPR, confidentiality, liability, and taxes survive termination.

11. Risks of Digital Asset Services

The Counterpart acknowledges risks including:

  • Price volatility: Assets may lose value rapidly.

  • Regulatory changes: Laws may impact service availability.

  • Smart contract vulnerabilities: Coding errors or exploits may lead to losses.

  • Operational risks: Exchange failures, hacking, or insolvency.

Liquorice Labs disclaims all liability for losses arising from these risks.

12. Governing Law and Disputes

  • These Terms are governed by Delaware law.

  • Disputes shall be resolved in Delaware courts, with English as the reference language.

13. Contact

For questions or complaints:

  • Email: legal@liquorice.tech

  • Post: Liquorice Labs Inc., 2093 Philadelphia Pike #3309, Claymont, DE 19703

Last Updated: March 25, 2025

Disclaimer

General

This website, its content, and any information provided by Liquorice Labs Inc. and its affiliates are only for discussion and informational purposes. Nothing herein constitutes an offer, solicitation, or firm commitment to provide any product, service, or investment opportunity.

Geographical Regulatory Restrictions

The products and services offered by Liquorice Labs Inc. may vary depending on the client's jurisdiction and applicable regulatory requirements.

Investors / Consumers

Liquorice Labs Inc. is a software company and does not provide services to retail investors or consumers.

United States Restrictions

Our services are not available to:
  1. Natural persons residing in the United States.

  2. Legal entities organized or incorporated under U.S. law.

  3. Estates or trusts with U.S. executors, administrators, or trustees.

  4. Any agency, branch, or discretionary account held by a U.S. person or entity.

  5. Entities formed outside the U.S. primarily for investing in unregistered securities under the U.S. Securities Act 1933.

Trading in Digital Assets Involves Risks
Trading and holding digital assets carry significant risks, including but not limited to:
  • Price Volatility – Digital assets may experience extreme price fluctuations and could lose value rapidly.

  • Complexity – Digital assets operate on various blockchains with differing characteristics that may not be transparent.

  • No Investor Protection – Unlike traditional financial products, government-backed protection schemes do not typically cover digital assets.

  • Liquidity Risk – Some digital assets may become illiquid, making them difficult to sell.

  • Operational & Security Risks – Hacks, exchange failures, or technological vulnerabilities may result in loss of assets.

  • Regulatory Uncertainty – Laws governing digital assets vary by jurisdiction and may change unexpectedly.

  • Smart Contract Risks – Errors in code, security vulnerabilities, or malicious exploits may lead to irreversible losses.

Past performance is not indicative of future results. You are solely responsible for assessing the risks and complying with applicable laws in your jurisdiction.
No Liability

Liquorice Labs Inc. disclaims all liability for any losses, damages, or legal consequences arising from the use of this website or reliance on its content. Users should seek independent professional advice before engaging in digital asset transactions.