This disclaimer applies to customers of Cyberdyne Tech Services Pte. Ltd. (“CTS”) and/or any person accessing the CTS website.
The Monetary Authority of Singapore (“MAS”) requires us to provide this risk warning to you as a customer of CTS, a digital payment token (“DPT”) service provider.
Before you pay CTS any money or DPT, you should be aware of the following.
(a) CTS is exempted by MAS from holding a licence to provide DPT services. Please note that you may not be able to recover all the money or DPTs you paid to CTS if CTS’ business fails.
(b) You should not transact in the DPT if you are not familiar with this DPT. Transacting in DPTs may not be suitable for you if you are not familiar with the technology that DPT services are provided.
(c) You should be aware that the value of DPTs may fluctuate greatly. You should buy DPTs only if you are prepared to accept the risk of losing all of the money you put into such DPTs.
Any digital payment token services provided by CTS and any content on the CTS website is restricted and is not directed at or to be accessed by, disseminated to, or provided to, directly or indirectly, any PRC Entity, PRC Person (each as hereinafter defined) or persons in any other jurisdiction where the relevant activity would constitute a violation of the relevant laws and regulations of such jurisdiction (“Restricted Jurisdiction”). “PRC Entity” means any company or entity incorporated in the People’s Republic of China (“PRC”) and “PRC Person” means any PRC citizen residing in the PRC and/or whose assets which will be used to fund any account / transact with CTS are situated in the PRC.
It is your responsibility to ensure that you fully observe all relevant laws and regulatory requirements. You agree not to mislead CTS nor to knowingly engage in any activities that would constitute a violation of the relevant laws and regulations of any Restricted Jurisdiction.
By accepting any digital payment services provided by CTS and/or accessing the CTS website, you confirm that you have read and understood this disclaimer and agree to be bound by the terms of this disclaimer, including the following:
(a) you understand and agree to comply with all of the restrictions set forth in this disclaimer;
(b) you confirm that you are not a PRC Entity, PRC Person or a person resident in a Restricted Jurisdiction, and you are not acting on behalf of any such entity or person; and
(c) you understand and agree that CTS, in its sole discretion, may suspend and/or revoke your trading access, privileges or other digital payment token services provided to you if the provision of such access, privileges and services may violate the prevailing laws and regulations of any Restricted Jurisdiction.
This disclaimer shall be governed by, and construed in accordance with, Singapore law.