Pool-X Legal Statement

Capitalized terms not defined herein shall have the same meaning as the defined terms in the User Service Agreement.

In the event of any conflict between this statement and the Chinese language version, the original language version shall apply.

Article 1.The Platform is intended to provide a professional digital asset trading platform and financial services to the global community of digital asset users in compliance with the applicable laws and regulations of the Republic of Seychelles.

Article 2.Users are prohibited from using the Platform to engage in any illegal transactions, such as money laundering, bribery and illicit behavior. Where any user is found to have engaged in any such illegal transaction, the Platform will immediately freeze the relevant accounts and refer the case to the competent authority.

Article 3.When a competent authority, in accordance with any applicable laws, requires the Platform to cooperate with it in investigating any specific user, or to adopt such measures against the user’s account, including but not limited to closing or freezing such account or transferring assets from such account, the Platform has the right to provide relevant user data or carry out any action necessary, so as to assist the investigation in accordance with the requirements of the competent authority. The Platform does not assume any responsibility for any direct or indirect losses that the user may sustain due to any disclosure of the user's information or the user’s inability to operate their account due to such investigation/ action.

Article 4.As a service provider, the Platform will optimize the rules of the Platform in accordance with the laws of the Republic of Seychelles and ensure the services of the Platform conform to the requirements of the regulations and laws of the Republic of Seychelles. If any user uses the Platform for any illegal purpose or uses the Platform to engage in any illegal activity, the Platform will not bear any joint or several liability for the user's conduct.

Article 5.A user who logs into the Platform in any manner, directly uses or indirectly uses the services of the Platform shall be deemed to agree to the content of this Statement and voluntarily agrees to be bound by this Statement.

Article 6.By offering the Platform, it is not to be construed as an offer or solicitation to anyone in any jurisdiction in which such offer or solicitation is unlawful

Article 7.In executing this Agreement, the user agrees that all of the activities that the Platform conducts with the user takes place within the Republic of Seychelles, regardless of the physical location at the time the user uses the Platform or otherwise engages with Platform. This means that the user agrees that the parties activities are subject only to the laws of Seychelles and not to the laws of any other country in which the user may be physically present at any given time, and therefore that any redress the user may seek from the Platform in any circumstances must be sought under Seychelles law. However, the user agrees to comply with all relevant laws and regulations that may apply to users’ application of the Platform in any jurisdiction in which the user may be located.

Article 8.The Platform is not offering its services outside the Republic of Seychelles. However, a user does not need to be resident in the Seychelles to be eligible to utilize the services of the Platform. Foreign users themselves are wholly responsible for complying with all laws in their respective country of residence or from which they may access the Platform and the Platform accepts no responsibility for any breach of any local laws. Where a jurisdiction has relevant laws which regulate digital asset trading, no offer to provide Platform services is made to such foreign users where it would constitute a breach of any law or require any filing, registration or approval with any competent authority.

Article 9.If the services provided by the Platform are deemed illegal in a country or region or do not meet the requirements of applicable local laws, the Platform will not offer such services to the residents of that country or region, and will refuse to provide services to the residents of that country or region.

Article 10.For any matters not covered in this Statement, please refer to other relevant rules, regulations or guidelines of the Platform. When this Statement or other relevant rules, regulations or guidelines of the Platform conflict with relevant laws and regulations of the Republic of Seychelles, relevant laws and regulations of the Republic of Seychelles shall apply.