Risk Disclosure

1. Price Volatility of Digital Assets

Digital assets, including cryptocurrencies, are highly volatile instruments. The value of digital assets can fluctuate significantly within short periods of time, including within hours or minutes. Digital assets have, in the past, experienced extreme and rapid declines in value. There is no assurance that any digital asset will maintain its value. You may lose the majority or the entirety of the value of digital assets you deposit with Ace Payment Services, Inc.

2. Risk of Loss of Funds

Customers who use our custodial wallet services acknowledge that digital assets held in custody may lose value. Ace Payment Services, Inc. does not represent, warrant, or imply that the value of digital assets held in your account will be preserved or will not decline. Customers bear all market risk associated with digital assets held in custodial accounts.

3. No FDIC Insurance

Digital assets held in custodial accounts maintained by Ace Payment Services, Inc. are not insured by the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), or any other U.S. government agency. Unlike bank deposits, digital assets are not subject to federal deposit insurance protections. In the event of insolvency or other adverse events, customers may not recover the full value of their digital assets.

4. Regulatory Uncertainty and Change

The regulatory framework applicable to digital assets and money services businesses is evolving and subject to change. Federal and state regulators, including FinCEN, the SEC, the CFTC, state banking regulators, and others, may adopt new rules, regulations, or interpretations that affect the availability or terms of our services. Such changes may require us to modify, suspend, or terminate services, which could adversely affect your access to digital assets held in your account.

5. Cybersecurity and Technology Risks

Digital asset services rely on software, cryptography, and internet connectivity. These systems are subject to errors, vulnerabilities, cyberattacks, and other technical failures. While we maintain security controls, no system can be guaranteed to be free from vulnerabilities. A security breach could result in the loss or unauthorized access to digital assets.

6. Operational Risks

Our services are subject to operational risks, including system outages, processing errors, and third-party dependencies. During periods of high demand or technical disruption, access to your account or the ability to transmit funds may be delayed or unavailable.

7. Irreversibility of Transactions

Blockchain transactions are generally irreversible. Once a digital asset transmission has been processed on the blockchain, it cannot be reversed or recalled. You are solely responsible for verifying the accuracy of all transaction instructions before submission.

8. Tax Obligations

Transactions involving digital assets may have tax consequences. Ace Payment Services, Inc. does not provide tax advice. You are solely responsible for determining and fulfilling your tax obligations in connection with your use of our services. We recommend consulting a qualified tax professional.

9. No Financial Advice

Nothing on this website or in connection with our services constitutes financial, investment, legal, or tax advice. Ace Payment Services, Inc. does not advise customers on the suitability of any digital asset or any financial decision. All decisions regarding the deposit, custody, or transmission of digital assets are made solely by you at your own risk.

10. Jurisdiction Restrictions

Our services may not be available in all U.S. states or international jurisdictions. You are responsible for ensuring that your use of our services complies with all laws and regulations applicable in your jurisdiction. Ace Payment Services, Inc. reserves the right to restrict or terminate services in any jurisdiction at any time.