Anzens Risk Disclosures
Published on Mar 5, 2025
Risk Disclosure.
The use of our website involves risks, including in connection with digital assets trading. Below is a non-exhaustive list of some of the risks, which can be substantial and significant. You should therefore carefully consider whether accessing our website is suitable for you in light of your financial condition prior to commencing your use. You must also seek professional advice regarding your particular financial condition prior to commencing your use of our website. You understand that:
- Value Fluctuation and Price Volatility. The value of digital assets may fluctuate significantly over a short period of time and may be reduced to zero. Price volatility and unpredictable fluctuations may result in significant losses over a short period of time or permanently due to various factors, including but not limited to, government or regulatory activity, the discovery of wrongful or illegal conduct, market manipulation, changes to the digital asset’s nature or characteristics, suspension or cessation of support for a digital asset by other exchanges or service providers, public opinion, or other factors outside our control, technical advancements, and macroeconomic and political factors.
- Digital Assets Are Not Legal Tender. Digital assets are not considered legal tender. Not all digital assets are backed by any physical assets or supported by any government or centralized authority. Digital assets may not have intrinsic value and their circulation may be limited and restricted.
- High-Risk and Complex Nature. Digital assets are generally considered a high-risk asset class and may be considered securities under certain jurisdictions. You must exercise prudent judgment when trading digital assets. The nature of digital assets may be very complex, and their terms, features or risks may not be readily or fully understood due to the complex structure, novelty, and reliance on technological features.
- Trading Digital Assets. There is no assurance that any trading market for digital assets will be orderly and stable. Any digital asset or trading position may be subject to large swings in value and may even become worthless.
- Liquidity and Conversion Risks. There is a risk that you may experience losses due to the inability to sell or convert digital assets into a preferred alternative asset immediately or where conversion is possible but at a loss. Such risk for digital assets may be caused by many reasons, including the absence of buyers, limited buy/sell activity or underdeveloped secondary markets.
- No Statutory or Regulatory Protection. Any digital asset transactions may not be subject to a right to claim under any investor compensation fund established by any government or regulatory authority or any deposit protection scheme in any relevant jurisdiction. Thus, digital assets may have a reduced level and type of protection compared to fiat currencies, securities, and other asset classes and types.
- Uncertain Future Payment Acceptance. There is no assurance that any individual or person who accepts a digital asset as payment will continue to do so in the future.
- Government or Regulatory Authority Interference. You may suffer losses as a result of value depreciation of a digital asset you paid as a result of controls imposed by a government or regulatory authority. Repayment or payment of any amounts due to you may be delayed or even prevented by controls or other actions imposed by government or regulatory authorities over digital assets and/or their ecosystem that these authorities control or regulate.
- Inflation Risks. Digital assets may, either because of their inherent design or through network events, not be a fixed supply. If and when additional digital assets are created, the particular digital asset’s price may decline due to inflationary effects of adding additional digital assets to the total available amount of assets in the market.
- Whales and Concentration Risk. At any point in time, one or more persons may directly or indirectly control significant portions of the total supply of any particular digital asset. These persons are often referred to colloquially as “whales.” These whales may have significant impact and may be able to influence or cause significant market events that may have a detrimental effect on price, value or functionality of digital assets.
- Taxes and Accounting. Some digital assets and transactions may be subject to various tax laws and regulations in an applicable jurisdiction. Please note that the tax treatment and accounting of digital assets (including ancillary benefits) is a relatively new area of law and practice that may be subject to changes and further development. Tax authorities may reach out to us with queries, notices, requests or summons that we may be required to furnish certain information about.
- Credit Risk. The risk of loss due to the default or insolvency of counterparties, such as custodians or exchanges."
- Stablecoin Risks. USDA is intended to be backed by the Reserves at all times. While we do not anticipate any risk to the Reserves, we rely on third parties to execute certain transactions to fund redemptions. It is possible that your attempt to redeem USDA for fiat currency could be delayed or unsuccessful due to transaction delays, technical failures, third-party credit risks, unanticipated fluctuation in U.S. Treasury Bills, and/or cyber-crimes and theft. USDA is not fiat currency. Your USDA and its Reserves are not insured by the Federal Deposit Insurance Corporation or any other party. While USDA is intended to be fully backed by the Reserves, it is not as safe as fiat currency held in a traditional financial institution and you should not purchase USDA unless you are willing to take the risk of losing all of your fiat or digital assets for which you purchased USDA. Additionally, the Reserves held may be subject to the risk of loss, theft, insolvency, and governmental and regulatory freezes and seizures.
The rates displayed on this platform are sourced from independent sources such as CoinGecko and CoinMarketCap, Please note that these rates are subject to change and may not reflect real-time market conditions.
- Cyber Security and Technology-Related Risks.Trading digital assets involves various risks. You understand that (a) digital assets may be subject to forks or attacks on the security, integrity or operation of the networks; (b) malicious persons or individuals may target you and attempt to steal any digital assets you may hold or claim any digital asset that you may have purchased; and (c) once a transaction has been verified and recorded on a blockchain, generally the involved digital assets, even if lost or stolen, will not be returned, and the transaction will not be reversible. You acknowledge that digital assets rely on various types of blockchain or distributed ledger technology. This technology is an open-source software that is built upon blockchain, which is still considered a novel and experimental technology. There are many risks that arise from this reliance, including but not limited to: existing technical flaws in the technology, malicious targets, consensus-based attacks, changes in the protocol or algorithms, changes in community support, rapid or extreme fluctuations in value of relevant digital assets, the existence or development of competing networks, platforms, and assets, flaws or vulnerabilities in coding languages, disputes between developers, or users, and regulatory action. The risks associated with stablecoins are significant, and investors should carefully consider their own risk tolerance and financial situation before investing. Past performance is not indicative of future results.
This risk disclosure serves as a guide, but it does not encompass all potential risks. Using the Anzens platform involves inherent risks that may not be explicitly described herein. By accessing and using the Anzens website, you confirm your understanding that you are assuming these risks, and you agree that Anzens will not be held responsible for any losses or damages incurred as a result of these risks.