Terms of Service
Effective Date: March 30, 2026
Please read these Terms of Service (this "Agreement") carefully before accessing or using the Services. This Agreement is entered into between Seismic Systems, Inc., a Delaware corporation ("Seismic", "we", "us", or "our") and the entity or individual accessing or using the Services ("user", "Client", "you", or "your"). For the purposes of this Agreement, "Services" means those services collectively described in Section 1 hereto; and "end users" means the customers and end users of Client who access Client's products or services built using the Services.
BY ACCESSING OR USING ANY SERVICES IN ANY WAY — INCLUDING BY CREATING AN ACCOUNT, CONNECTING A WALLET, OR ACCEPTING THIS AGREEMENT THROUGH ANY CLICK-THROUGH MECHANISM — YOU (1) REPRESENT THAT YOU HAVE READ, UNDERSTAND, AND AGREE TO BE BOUND BY THIS AGREEMENT; (2) REPRESENT THAT YOU HAVE AUTHORITY TO ENTER INTO THIS AGREEMENT ON BEHALF OF THE ENTITY YOU REPRESENT AND TO BIND THAT ENTITY TO THESE TERMS; (3) REPRESENT THAT YOUR USE OF THE SERVICES WILL COMPLY WITH ALL APPLICABLE LAWS; AND (4) ACKNOWLEDGE THAT IF YOU DO NOT AGREE, YOU MAY NOT ACCESS OR USE THE SERVICES.
SECTION 17 OF THIS AGREEMENT CONTAINS AN ARBITRATION CLAUSE AND CLASS ACTION WAIVER. PLEASE READ IT CAREFULLY. IT REQUIRES YOU TO RESOLVE DISPUTES WITH SEISMIC THROUGH BINDING ARBITRATION ON AN INDIVIDUAL BASIS, AND WAIVES YOUR RIGHT TO A JURY TRIAL AND TO PARTICIPATE IN A CLASS ACTION.
The Services are offered primarily to business entities who use Seismic's infrastructure to build and operate stablecoin-powered financial products and services. Individual users may also interact directly with the Seismic Network (as defined below) for limited purposes such as paying gas fees. This Agreement governs all such access and use.
Seismic reserves the right to modify this Agreement at any time. Changes will be posted to Seismic's website with an updated effective date. If we make changes that are material, we will use reasonable efforts to attempt to notify you, such as by e-mail and/or by placing a prominent notice on the first page of the Website. However, it is your sole responsibility to review these Terms from time to time to view any such changes. The updated Terms will be effective as of the time of posting, or such later date as may be specified in the updated Terms. Your continued access or use of the Services after the modifications have become effective will be deemed your acceptance of the modified Terms.
Your use of certain Services may be subject to additional terms ("Supplemental Terms"). In the event of conflict between this Agreement and any Supplemental Terms, the Supplemental Terms control with respect to the applicable Service.
1. DESCRIPTION OF SERVICES
1.1 Seismic Platform
The Services include access to Seismic's developer platform, application programming interfaces ("APIs"), and associated dashboards (collectively, the "Seismic Platform") that enable Clients to build and deploy stablecoin-powered financial products and services using Seismic's privacy-preserving infrastructure. The Seismic Platform provides programmatic access to stablecoin functionality, transaction processing capabilities, user onboarding tooling, and related developer resources, in each case subject to the terms of this Agreement and Seismic's technical documentation.
Seismic provides the Seismic Platform on an "as available" basis and reserves the right to modify, suspend, or discontinue any feature or functionality at any time with or without notice to you, subject to any prior written commitments made under a separate services agreement.
1.2 Seismic Network
Seismic operates an EVM-compatible layer-1 blockchain network that uses Trusted Execution Environment ("TEE") technology powered by Intel TDX to provide privacy-preserving transaction processing (the "Seismic Network" or "Network"). The Seismic Network uses shielded storage types and encrypted transaction calldata to protect user data within hardware-enforced enclaves.
The Seismic Network is a software-based protocol that is distinct from the Seismic Platform and the other Services made available under this Agreement. Seismic has no obligation to monitor or control any use of the Network by you or any third-party, and makes no representations or warranties about the Network's functionality, availability, security, or continued operation. All direct interactions with the Network are undertaken at your own risk, and Seismic is not liable for any losses arising from your interaction with or inability to interact with the Network. The limitation of liability provisions of Section 14 apply to any claims arising from your use of the Network.
THE NETWORK IS MADE AVAILABLE "AS IS" AND "WITH ALL FAULTS." YOU ACCESS, INTERACT WITH, OR BUILD ON THE NETWORK ENTIRELY AT YOUR OWN RISK.
1.3 Bridge Services
Seismic has engaged Bridge Building Inc. and its affiliates (together, "Bridge") to provide underlying stablecoin issuance, custody, and payment infrastructure for certain features of the Services, including the issuance and redemption of stablecoins, fiat on- and off-ramp services, and related payment processing. Bridge provides these services pursuant to its own regulatory licenses and agreements.
By accessing any feature of the Services powered by Bridge, you hereby acknowledge and agree that:
(a) You are agreeing to be bound by Bridge's applicable user terms and policies, currently available at https://www.bridge.xyz/legal/overview, which may be modified by Bridge from time to time;
(b) Bridge may conduct know-your-customer ("KYC") and anti-money laundering ("AML") due diligence on you and your authorized end users, and you consent to such due diligence and to cooperating with all related requests;
(c) You will, and will ensure that your end users will, provide Seismic, Bridge, and any third-party compliance provider with any information or documentation requested in connection with identity verification, source of funds verification, or other compliance requirements, including without limitation names, registered addresses, beneficial ownership information, government-issued identification, and tax identification numbers;
(d) You authorize Seismic and Bridge to make any inquiries they consider necessary to verify your identity or the identity of your end users, to protect against misuse of the Services, and to comply with applicable law; and
(e) You authorize Seismic to share information about your use of the Services, including KYC verification results and transaction data, with Bridge and with applicable regulatory authorities as required by law or by Seismic's compliance program.
Seismic is not responsible for Bridge's services; however, Seismic may provide you with transaction receipts, disclosures, and other materials related to your use of Bridge's services through the Seismic Platform.
SEISMIC IS NOT A STABLECOIN ISSUER, MONEY TRANSMITTER, PAYMENT PROCESSOR, OR LICENSED FINANCIAL INSTITUTION. STABLECOIN ISSUANCE, CUSTODY, AND PAYMENT PROCESSING SERVICES ARE PROVIDED BY BRIDGE PURSUANT TO BRIDGE'S OWN REGULATORY AUTHORIZATIONS. SEISMIC IS NOT RESPONSIBLE FOR BRIDGE'S COMPLIANCE WITH APPLICABLE LAW OR THE PERFORMANCE OF BRIDGE'S SERVICES.
1.4 Money Market Yield
Seismic may, from time to time, share yield with Clients on stablecoin balances processed through the Seismic Platform, derived from returns on money market instruments (the "Money Market Yield"). The Money Market Yield, if any, is funded by fees Seismic receives from Bridge in connection with the marketing and distribution of Bridge's stablecoin services.
The following apply to the Money Market Yield:
It is not guaranteed and is subject to change or discontinuation at any time without notice, based on market conditions, Bridge's practices, and other factors outside of Seismic's control;
It is not a deposit, is not FDIC-insured or SIPC-protected, and does not represent a guaranteed, fixed, or risk-free return;
It is not a security, investment contract, or regulated financial product, and does not constitute an offer or solicitation to buy or sell any security;
Historical yields, if disclosed, are not indicative of future yields; and
It is subject to applicable taxes for which you are solely responsible.
YOU SHOULD NOT RELY ON SEISMIC'S EFFORTS TO PRODUCE OR DISTRIBUTE YIELD BECAUSE SEISMIC IS NOT MAKING AN EFFORT TO GENERATE ANY YIELD. SEISMIC IS MERELY ACTING IN AN ADMINISTRATIVE AND MINISTERIAL CAPACITY. THERE MAY BE ZERO YIELD. SEISMIC IS NOT AN INVESTMENT ADVISOR, BROKER-DEALER, EXCHANGE, OR FINANCIAL INSTITUTION. NOTHING IN THIS AGREEMENT OR IN THE SERVICES CONSTITUTES INVESTMENT, FINANCIAL, TAX, OR LEGAL ADVICE. YOU SHOULD CONSULT YOUR OWN ADVISORS BEFORE RELYING ON ANY YIELD OR RETURN INFORMATION.
1.5 DeFi Vault Services
The Seismic Platform may include links or integrations that allow you to access decentralized finance vault services provided by third parties (the "Vault Services"). Seismic may establish referral and/or fee-sharing arrangements with third-party providers of Vault Services, including referral fees when Clients or their end users engage with Vault Services through links on the Seismic Platform, and third-party providers of Vault Services may similarly refer clients to Seismic in exchange for fee-sharing. Seismic's financial interest in your use of Vault Services should be considered when evaluating any information Seismic provides about those services.
The Vault Services are provided by third parties pursuant to their own terms and conditions, which you are required to review and accept before using those services. Seismic is not responsible for the Vault Services, their availability, security, performance, or fitness for any purpose. All use of the Vault Services is at your own risk. Seismic makes no representations or warranties about the Vault Services, including any claims regarding returns, insurance, or asset security.
1.6 Third-Party Services
The Services may integrate with, rely upon, or provide access to services operated by third parties, including Bridge, vault providers, blockchain analytics providers, identity verification providers, cloud infrastructure providers, and others ("Third-Party Services"). Seismic is not responsible for any Third-Party Services. Your use of Third-Party Services is governed by the applicable third-party terms and conditions, and Seismic makes no warranty regarding the availability, accuracy, security, or reliability of any Third-Party Service. Seismic shall not be liable for any losses, damages, or harms arising from your use of or inability to access any Third-Party Service.
1.7 Open Source Software
The Services may use, incorporate, or link to certain open-source software ("OSS") subject to applicable OSS licenses ("OSS Licenses"). Your use of the Services may be subject to applicable OSS Licenses, and nothing in this Agreement limits your rights under, or grants you rights that supersede, the terms of any applicable OSS License.
2. ELIGIBILITY; ACCOUNT REGISTRATION; USER REPRESENTATIONS
2.1 Account Registration
To access the Seismic Platform, you must register an account ("Account"). You hereby agree to: (a) provide accurate, complete, and current information during registration; (b) maintain and promptly update your registration information to keep it accurate and complete; and (c) safeguard your Account credentials and not share them with unauthorized parties. You are responsible for all activities that occur under your Account. Seismic reserves the right to suspend or terminate your Account if any information you provide is or becomes inaccurate, incomplete, or misleading, or if Seismic has reasonable grounds to believe it is.
The Seismic Platform is designed for use by business entities and their authorized representatives. If you are registering on behalf of a legal entity, you represent and warrant that you are duly authorized to accept this Agreement on behalf of that entity and to bind it to these terms. You may not create an Account or use the Services if you have been previously banned or removed by Seismic.
2.2 Eligibility Requirements
You represent and warrant that:
(a) You are (i) at least eighteen (18) years old; (ii) of legal age to form a binding contract; and (iii) not barred from using the Services under the laws of the United States, your jurisdiction of formation or operation, or any other applicable jurisdiction;
(b) If acting on behalf of a legal entity, that entity is duly organized, validly existing, and in good standing under the laws of its jurisdiction of formation, and has all requisite power and authority to enter into and perform this Agreement;
(c) Neither you, any affiliate, beneficial owner, or person on whose behalf you are acting is: (i) named on any OFAC sanctions list (available at https://www.treas.gov/ofac), the UK Sanctions List, any EU sanctions list, or any other applicable government sanctions list; (ii) located in or organized under the laws of any jurisdiction subject to comprehensive economic sanctions; or (iii) a senior foreign political figure or an immediate family member or close associate thereof;
(d) You have not violated, and are not under investigation for violation of, any applicable law relating to blockchain technologies, cryptocurrency, anti-money laundering, counter-terrorist financing, or sanctions; and
(e) Your use of the Services complies with all applicable laws in every jurisdiction in which you operate or from which you access the Services.
2.3 Registration Data
You agree to provide true, accurate, current, and complete information in connection with your Account registration and use of the Services (such information, "Registration Data"). You agree to promptly notify Seismic of any change that renders any Registration Data inaccurate or incomplete. Seismic may require you to re-verify your information at any time. Seismic reserves the right to obtain and retain Registration Data as it determines necessary in connection with the Services and its compliance obligations.
2.4 Necessary Equipment and Connectivity
You are responsible for providing all equipment, software, and connectivity necessary to access and use the Services. Seismic is not responsible for any fees (including Internet or data charges) that you incur when accessing the Services.
3. KYC/AML COMPLIANCE AND SANCTIONS
3.1 Seismic Compliance Program
Seismic maintains a compliance program designed to comply with applicable anti-money laundering and counter-terrorist financing laws, including the Bank Secrecy Act (31 U.S.C. § 5311 et seq.) and regulations thereunder, to the extent applicable to Seismic's business. As part of this program, Seismic may, directly or through Bridge or other third-party compliance providers: (a) verify the identity of Clients and their beneficial owners; (b) screen transactions against applicable sanctions lists and blockchain analytics databases; (c) monitor transactions for patterns associated with money laundering, fraud, or other illegal conduct; and (d) file reports with applicable governmental authorities as required by law.
3.2 Client Cooperation
You agree to cooperate fully with Seismic's and Bridge's compliance programs, including by:
Promptly providing any information or documentation requested for KYC, AML, or sanctions verification purposes;
Maintaining accurate and complete records of your end users' identities and transaction histories, and making such records available to Seismic or Bridge upon request;
Ensuring that your end users complete any KYC/AML verification required by Bridge before processing transactions through the Services;
Implementing and maintaining your own AML/KYC compliance policies and procedures to the extent required by applicable law; and
Notifying Seismic promptly if you become aware of any change that would affect the accuracy of any representation made in Section 2.
3.3 Sanctions Compliance
You agree to comply in all respects with all applicable sanctions laws and regulations, including those administered by the U.S. Department of the Treasury's Office of Foreign Assets Control ("OFAC"), the European Union, and the UK Office of Financial Sanctions Implementation ("OFSI"). Without limiting the foregoing:
(a) You will not use the Services in connection with any transaction involving a person, entity, or jurisdiction subject to applicable sanctions;
(b) You will not conduct any activity through the Services that is prohibited by applicable export control or trade compliance laws; and
(c) You will not attempt to evade applicable sanctions through the use of third parties, corporate structures, or obfuscation techniques.
3.4 Jurisdiction Blocking and Wallet Screening
Seismic implements technology-based controls to block access to the Services from jurisdictions subject to comprehensive sanctions and other high-risk jurisdictions (as identified in Appendix A and updated from time to time). Seismic also screens wallet addresses against OFAC's Specially Designated Nationals and Blocked Persons ("SDN") list and other applicable blocklists.
You agree not to use virtual private networks ("VPNs"), proxy servers, or any other technical means to circumvent these controls. If your access is blocked as a result of these controls and you believe this is in error, you may contact Seismic at [email protected].
3.5 Suspicious Activity Reporting
If you identify any transaction or end user activity that you reasonably suspect constitutes money laundering, terrorist financing, sanctions evasion, fraud, or other illegal conduct, you must:
(a) Report such activity to Seismic at [email protected] as soon as practicable, and in any event within forty-eight (48) hours of identification;
(b) Provide Seismic with all information in your possession relevant to the suspected activity, including transaction details, wallet addresses, end user identification information, and the basis for your suspicion; and
(c) Preserve all records related to the suspected activity and make them available to Seismic and applicable regulatory authorities upon request.
Seismic reserves the right to share information about suspected illegal activity with Bridge, applicable regulatory authorities, and law enforcement as required by law or Seismic's compliance program.
3.6 Recordkeeping
You agree to maintain complete and accurate records of all transactions processed through the Services and all end user identity and verification records for a period of at least five (5) years, or such longer period as required by applicable law. Records must be maintained in a manner that makes them retrievable on a timely basis in response to requests from Seismic, Bridge, or applicable regulatory authorities.
4. API CREDENTIALS AND SECURITY
4.1 API Credentials
Seismic may provide you with API access credentials ("Credentials") as part of the Services. You are solely responsible for maintaining the confidentiality and security of your Credentials. You agree to:
(a) Implement industry-standard security controls to protect your Credentials, including multi-factor authentication, access controls, encryption, and secure credential storage;
(b) Restrict access to your Credentials to authorized personnel only, on a need-to-know basis;
(c) Not share, transfer, or disclose your Credentials to any third-party without Seismic's prior written consent;
(d) Use your Credentials solely to access the Seismic Platform in accordance with this Agreement and Seismic's technical documentation; and
(e) Not use your Credentials in any automated or batch-processing manner that is not expressly authorized by this Agreement or Seismic's technical documentation.
4.2 Security Incidents
You must notify Seismic at [email protected] within twenty-four (24) hours of discovering any:
(a) Unauthorized access to or use of your Credentials or Account;
(b) Security breach that has resulted or may result in unauthorized access to any Seismic system, data, or user information; or
(c) Compromise, loss, or suspected compromise of any user data or transaction data processed through the Services.
You agree to cooperate fully with Seismic in investigating any security incident, to take commercially reasonable steps to contain and mitigate the incident, and to provide Seismic with regular updates on remediation progress.
5. CLIENT RESPONSIBILITIES; END USER OBLIGATIONS
5.1 Client Responsibilities Generally
You are solely responsible for managing your end users' access to and use of the Services, including ensuring that such access and use complies with this Agreement, Bridge's applicable user terms, and all applicable laws. Seismic's relationship under this Agreement is with you, not with your end users, and all obligations in this Agreement that extend to end users are your obligations to ensure and enforce.
5.2 End User Compliance
As a condition to enabling any end user to access or benefit from the Services, you must:
(a) Require each end user to complete any identity verification and onboarding process required by Bridge before that end user is permitted to process transactions through the Services;
(b) Impose on your end users obligations materially consistent with the applicable requirements of this Agreement, including the restrictions set forth in Section 7 and the Prohibited Activities List included in Appendix A hereto;
(c) Maintain records of your end users' identities and transaction histories as required by Section 3.6; and
(d) Promptly suspend or terminate any end user's access to the Services upon Seismic's or Bridge's request, or if you determine or have reasonable grounds to suspect that such end user has violated this Agreement, Bridge's user terms, or applicable law.
5.3 Client Liability for End Users
All actions and omissions of your end users in connection with the Services are deemed to be your actions and omissions. You bear full responsibility and liability to Seismic and Bridge for all such actions and omissions as if they were your own. You agree to indemnify, defend, and hold harmless Seismic and Bridge from all losses, claims, damages, liabilities, costs, and expenses (including reasonable attorneys' fees) arising from any act or omission of any end user in connection with the Services, regardless of whether such act or omission was authorized by you. This obligation is in addition to, and not in lieu of, the indemnification obligations set forth in Section 11 hereto.
6. TRANSACTION RECORDS AND USER SUPPORT
6.1 User Obligations
You are responsible for: (a) providing your end users with accurate transaction receipts and current account balance information in compliance with Bridge's requirements and applicable law; (b) maintaining an end user support function capable of receiving, logging, and responding to end user inquiries and complaints in a commercially reasonable time; and (c) escalating unresolved complaints and suspected suspicious activity to Seismic in accordance with Section 3.5 hereto. You agree to maintain records of end user complaints and resolutions as long as required by applicable law.
6.2 Suspicious Activity
You must implement procedures reasonably designed to identify and report end user activity that may constitute money laundering, terrorist financing, sanctions violations, fraud, or other illegal conduct, and to escalate such activity to Seismic as set forth in Section 3.5 hereto. All records related to suspected illegal activity must be preserved and made available to Seismic or applicable regulatory authorities upon request.
7. PROHIBITED ACTIVITIES
7.1 General Prohibited Conduct
You agree that you are solely responsible for your conduct in connection with the Services. In connection with your use of the Services, you agree not to (and not to enable or permit your end users to):
(a) Provide false, inaccurate, or misleading information to Seismic, Bridge, or any regulatory authority;
(b) Impersonate any person or entity or misrepresent your affiliation with any person or entity;
(c) Use the Services in any manner that interferes with, disrupts, overburdens, or damages Seismic's systems or networks, or that could impair other users' ability to use the Services;
(d) Reverse engineer, decompile, disassemble, or attempt to derive the source code of any component of the Services;
(e) Use any automated tool, spider, scraper, or data mining tool to access or harvest data from the Services without Seismic's express written authorization;
(f) Use the Services for any purpose prohibited by applicable law, including money laundering, terrorist financing, proliferation financing, sanctions evasion, tax evasion, or any other financial crime;
(g) Engage in, facilitate, or assist any market manipulation, wash trading, front-running, pump-and-dump activity, or other deceptive or manipulative trading practices;
(h) Use the Services to conduct securities offerings, broker-dealer activities, investment advisory activities, or other activities requiring registration or licensing, without first obtaining the required registration or license;
(i) Attempt to circumvent, disable, or interfere with Seismic's compliance controls, transaction monitoring systems, jurisdiction restrictions, or SDN screening tools; or
(j) Use any mixing, tumbling, or similar obfuscation technique in connection with transactions processed through the Services.
In addition to the foregoing, your use of the Services is also subject to the Prohibited Activities List attached hereto as Appendix A and incorporated herein by reference. Any violation of the Prohibited Activities List constitutes a material breach of this Agreement.
8. LICENSE
8.1 License
If you comply with these Terms, Seismic grants you a limited, non-exclusive, non-transferable, revocable license to access and use the Services solely for your internal business purposes and in accordance with this Agreement and Seismic's technical documentation. This license does not include any right to sublicense. Except as expressly permitted in this Agreement, you shall not copy, modify, create derivative works of, distribute, sublicense, sell, or otherwise transfer the Services or any portion thereof to any third-party without Seismic's prior written consent; reverse engineer, decompile, disassemble, or otherwise attempt to derive the source code of any component of the Services; remove, obscure, or alter any proprietary notices, labels, or branding on or in the Services; or use the Services in any manner not expressly authorized by this Agreement or Seismic's technical documentation.
Seismic may, at any time and without prior notice, update, modify, add to, or discontinue any feature, function, or component of the Services. Seismic is not liable to you for any such modification, suspension, or discontinuation. You acknowledge that Seismic may require you to update third-party software or configurations to continue using the Services.
9. INTELLECTUAL PROPERTY
9.1 Ownership
Seismic and its licensors exclusively own all right, title, and interest in and to the Services, including all software, technology, algorithms, interfaces, APIs, documentation, data, and all intellectual property rights therein. Nothing in this Agreement transfers or grants any ownership interest in the Services or any of Seismic's intellectual property to you. All rights not expressly granted in this Agreement are reserved by Seismic.
9.2 Trademarks
"Seismic" and all related logos, trade names, service marks, and trademarks are the property of Seismic. You may not use Seismic's trademarks, trade names, or branding in any manner without Seismic's prior written consent. Your use of the Services does not imply any endorsement, partnership, or affiliation between you and Seismic beyond what is expressly set forth in this Agreement.
9.3 Feedback
If you provide Seismic with any ideas, suggestions, proposals, or feedback regarding the Services ("Feedback"), you grant Seismic a fully paid, royalty-free, perpetual, irrevocable, worldwide, non-exclusive license to use, reproduce, modify, create derivative works of, and otherwise exploit the Feedback in connection with its business, without any obligation to compensate or credit you. Seismic has no obligation to maintain the confidentiality of any Feedback.
10. FEES AND YIELD
10.1 Fees
Access to certain features of the Services may require payment of fees as set forth in Seismic's then-current pricing schedule or as separately agreed in writing. All fees are non-cancellable, non-refundable and non-recoupable unless otherwise expressly stated. Seismic reserves the right to modify its fees upon reasonable prior notice. Payment obligations you incur are binding at the time of the applicable transaction. You remain liable for all fees regardless of fluctuations in market conditions or the value of any digital asset.
10.2 Money Market Yield
Seismic may, from time to time, share Money Market Yield with Clients as described in Section 1.4. Any Money Market Yield: (a) is not guaranteed and may be changed or discontinued at any time without notice; (b) is not a deposit, investment, or insured financial product; (c) does not represent a guaranteed, fixed, or minimum return; and (d) is subject to deduction for applicable taxes and other amounts owed to Seismic. Seismic merely provides administrative and ministerial support to the Money Market Yield product, and Seismic's ability to pay any Money Market Yield is contingent on Seismic receiving the corresponding fee from Bridge and on your Account being in good standing.
10.3 Gas Fees
You are solely responsible for ensuring that any payment you make is sufficient to cover applicable gas fees ("Gas Fees") required to complete any transaction in connection with the Services. Gas Fees are determined by network conditions and are not set, controlled, or charged by Seismic. Seismic makes no representation that Gas Fees will remain stable or predictable, and reserves the right to pay Gas Fees on your behalf.
10.4 Taxes
It is your responsibility to determine what, if any, taxes apply to your use of the Services, and to report and remit the correct tax to the appropriate tax authority. We are not responsible for determining whether taxes apply to your use of the Services, or for collecting, reporting, or remitting any taxes, duties, levies, or assessments (including sales, use, value-added, and withholding taxes) arising from your use of the Services or transactions processed through the Services. We encourage you to speak with your tax advisor regarding the tax implications of your use of the Services.
11. INDEMNIFICATION
You agree to indemnify, defend, and hold harmless Seismic and its parents, subsidiaries, affiliates, officers, directors, employees, agents, successors, and assigns (collectively, the "Seismic Parties") from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys' fees and court costs) arising out of or related to:
(a) Your access to or use of, or inability to use, the Services, including any direct interactions with the Seismic Network;
(b) Your violation of this Agreement, including any representation or warranty made herein;
(c) Your violation of any applicable law, rule, regulation, or third-party right, including any intellectual property right or privacy right;
(d) Any claim by a third-party (including your end users, or regulators) arising from your use of the Services or from products or services you build using the Services;
(e) Any action or omission of any end user in connection with the Services; or
(f) Your failure to comply with your AML/KYC, sanctions compliance, recordkeeping, or reporting obligations under this Agreement or applicable law.
Seismic reserves the right to assume exclusive control of the defense of any matter subject to indemnification by you, at your expense, in which case you agree to cooperate fully with Seismic. This provision does not require you to indemnify any Seismic Party for such party's own fraud, willful misconduct, or gross negligence. You agree that this indemnification obligation survives the termination of this Agreement.
12. RELEASE
TO THE MAXIMUM EXTENT PERMISSIBLE BY APPLICABLE LAW, YOU HEREBY RELEASE THE SEISMIC PARTIES FROM ANY AND ALL LIABILITY, CLAIMS, DEMANDS, ACTIONS, AND CAUSES OF ACTION, WHATSOEVER, ARISING OUT OF OR RELATED TO ANY LOSS WHICH MAY BE SUSTAINED BY YOU WHILE USING, ARISING OUT OF, OR IN CONNECTION WITH THE USE OF THE SERVICES, INCLUDING ANY DIMINUTION OF VALUE TO OR LOSS OR THEFT OF ANY USER ASSETS.
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, YOU WAIVE ANY RIGHTS YOU MAY HAVE UNDER CALIFORNIA CIVIL CODE SECTION 1542 OR SIMILAR LAWS OF ANY OTHER JURISDICTION, WHICH PROVIDE THAT A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS THAT THE RELEASING PARTY DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE AND THAT, IF KNOWN, WOULD HAVE MATERIALLY AFFECTED THE SETTLEMENT WITH THE RELEASED PARTY. YOU ACKNOWLEDGE THAT YOU HAVE READ AND UNDERSTAND THIS RELEASE AND ARE MAKING IT VOLUNTARILY.
13. DISCLAIMER OF WARRANTIES
13.1 TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE SERVICES ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS, WITH ALL FAULTS. THE SEISMIC PARTIES EXPRESSLY DISCLAIM ALL WARRANTIES, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE, INCLUDING ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, ACCURACY, AND NON-INFRINGEMENT.
13.2 THE SEISMIC PARTIES DO NOT WARRANT THAT: (A) THE SERVICES WILL MEET YOUR REQUIREMENTS OR EXPECTATIONS; (B) ACCESS TO THE SERVICES WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE; (C) ANY ERRORS IN THE SERVICES WILL BE CORRECTED; OR (D) ANY RESULTS OBTAINED THROUGH USE OF THE SERVICES WILL BE ACCURATE, COMPLETE, OR RELIABLE.
13.3 SEISMIC IS NOT AN INVESTMENT ADVISOR, BROKER-DEALER, EXCHANGE, TRUST COMPANY, MONEY TRANSMITTER, OR LICENSED FINANCIAL INSTITUTION. NOTHING IN THIS AGREEMENT OR IN THE SERVICES CONSTITUTES, OFFERS, OR RENDERS INVESTMENT, TAX, OR LEGAL ADVICE. YOU SHOULD CONSULT YOUR OWN QUALIFIED ADVISORS BEFORE MAKING ANY FINANCIAL OR LEGAL DECISIONS IN CONNECTION WITH YOUR USE OF THE SERVICES.
13.4 SEISMIC MAKES NO WARRANTY OR REPRESENTATION THAT ANY MONEY MARKET YIELD WILL BE PAID, CONTINUED, OR MAINTAINED AT ANY PARTICULAR RATE. ALL YIELD INFORMATION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS SUBJECT TO CHANGE WITHOUT NOTICE. PAST YIELDS ARE NOT INDICATIVE OF FUTURE YIELDS.
13.5 THE SEISMIC PARTIES EXPRESSLY DISCLAIM ALL LIABILITY FOR THE CONDUCT, REPRESENTATIONS, WARRANTIES, PERFORMANCE, OR COMPLIANCE WITH APPLICABLE LAW OF BRIDGE, OR ANY OTHER THIRD-PARTY SERVICE PROVIDER. YOUR USE OF ANY THIRD-PARTY SERVICE IS AT YOUR OWN RISK.
13.6 SEISMIC MAKES NO REPRESENTATIONS OR WARRANTIES ABOUT THE SEISMIC NETWORK, INCLUDING ITS AVAILABILITY, SECURITY, RELIABILITY, OR CONTINUED OPERATION. ALL DIRECT INTERACTIONS WITH THE NETWORK ARE AT YOUR OWN RISK. SEISMIC IS NOT RESPONSIBLE FOR ANY LOSS OR DAMAGE ARISING FROM YOUR USE OF THE NETWORK.
Certain jurisdictions do not permit the exclusion of implied warranties. If such laws apply to you, some or all of the exclusions in this Section 13 may not apply, and you may have additional rights.
14. LIMITATION OF LIABILITY
14.1 TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL THE SEISMIC PARTIES BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES, INCLUDING LOSS OF PROFITS, REVENUE, DATA, GOODWILL, OR BUSINESS INTERRUPTION, ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT OR YOUR USE OF OR INABILITY TO USE THE SERVICES, WHETHER BASED ON CONTRACT, TORT (INCLUDING NEGLIGENCE), STATUTE, OR ANY OTHER LEGAL OR EQUITABLE THEORY, EVEN IF SEISMIC HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE SEISMIC PARTIES' TOTAL AGGREGATE LIABILITY TO YOU FOR ALL CLAIMS ARISING OUT OF OR RELATED TO THIS AGREEMENT OR YOUR USE OF THE SERVICES SHALL NOT EXCEED THE GREATER OF: (A) THE TOTAL FEES PAID BY YOU TO SEISMIC IN THE TWELVE (12) MONTHS IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM; OR (B) ONE THOUSAND UNITED STATES DOLLARS (USD $1000).
14.2 Exceptions. Notwithstanding the foregoing, the limitations in Sections 14.1 shall not apply to liability: (a) for death or personal injury caused by Seismic's negligence; or (b) arising from Seismic's fraud or intentional misrepresentation. Nothing in this Agreement limits Seismic's liability where such limitation is prohibited by applicable law.
14.3 THE PARTIES ACKNOWLEDGE THAT THE LIMITATIONS OF LIABILITY IN THIS SECTION 14 REFLECT A REASONABLE ALLOCATION OF RISK, ARE AN ESSENTIAL ELEMENT OF THE BASIS OF THE BARGAIN BETWEEN THE PARTIES, AND THAT SEISMIC WOULD NOT HAVE ENTERED INTO THIS AGREEMENT WITHOUT THESE LIMITATIONS.
Certain jurisdictions do not allow the limitation of certain damages. If such laws apply to you, some or all of the limitations in this Section 14 may not apply.
15. MONITORING AND ENFORCEMENT
Seismic reserves the right, but has no obligation, to monitor your use of the Services for compliance with this Agreement and applicable law. If Seismic becomes aware of any possible violations, Seismic may investigate such violations and, if it believes criminal activity has occurred, may refer the matter to and cooperate with applicable governmental authorities.
Subject to applicable law, Seismic is entitled to disclose information relating to your use of the Services, including Account information, transaction data, and end user information, in order to: (a) comply with applicable law, legal process, or governmental requests; (b) enforce this Agreement; (c) respond to user and/or end user support requests; or (d) protect the rights, property, or safety of Seismic, Bridge, users, end users, or the public.
Seismic reserves the right to immediately suspend or terminate your access to the Services, without prior notice or liability, for any violation of this Agreement, for compliance or regulatory reasons, or as required by Bridge.
16. TERM AND TERMINATION
16.1 Term
This Agreement commences on the date you first accept it (as described in the preamble above, including by, but not limited to, account creation, click-through acceptance, or commencement of use) and remains in full force and effect until terminated in accordance with this Section 16.
16.2 Termination by Seismic
Seismic may terminate this Agreement and your access to the Services at any time, for any or no reason, with or without notice. Without limiting the foregoing, Seismic may immediately suspend or terminate your access if:
(a) You breach any material provision of this Agreement;
(b) Seismic is required to do so by Bridge, applicable law, or a governmental authority;
(c) Your continued use of the Services poses a legal, compliance, or regulatory risk to Seismic or Bridge; or
(d) You have failed to satisfy, or your end users have failed to satisfy, applicable KYC/AML requirements.
Seismic will not be liable to you for any damages arising from any suspension or termination of the Services.
16.3 Termination by You
You may terminate this Agreement at any time by ceasing all use of the Services and providing written notice to Seismic at [email protected]. Termination does not relieve you of any obligations that accrued prior to the date of termination.
16.4 Effect of Termination
Upon termination of this Agreement for any reason:
(a) All licenses granted to you under this Agreement immediately terminate;
(b) You must immediately cease all use of the Services and destroy or return all of Seismic's Credentials and confidential materials in your possession;
(c) Any outstanding payment obligations survive termination; and
(d) The following provisions survive termination: Sections 3.6, 5.3, 9, 11, 12, 13, 14, 17, and 18.
17. ARBITRATION AGREEMENT
PLEASE READ THIS SECTION 17 CAREFULLY. IT MAY SIGNIFICANTLY AFFECT YOUR LEGAL RIGHTS, INCLUDING YOUR RIGHT TO FILE A LAWSUIT IN COURT AND TO HAVE A JURY HEAR YOUR CLAIMS. IT CONTAINS PROCEDURES FOR MANDATORY BINDING ARBITRATION AND A CLASS ACTION WAIVER.
17.1 Scope
Except as provided in Section 17.2, any and all disputes, claims, or controversies arising out of or relating to this Agreement, the Services, or the relationship between the parties ("Disputes"), whether based on contract, tort, statute, or any other legal theory, shall be resolved by binding and final arbitration. The following Disputes are excluded from this arbitration requirement:
(a) Claims for injunctive or other equitable relief arising from actual or threatened infringement, misappropriation, or misuse of intellectual property rights; and
(b) Claims that qualify for, and are brought in, small claims court.
17.2 Informal Resolution
Before initiating arbitration, the party seeking relief must provide the other party with written notice of the Dispute (a "Dispute Notice") describing the nature of the claim and the relief sought. The parties agree to negotiate in good faith to resolve the Dispute for a period of sixty (60) days after delivery of the Dispute Notice. If the Dispute is not resolved within that period, either party may initiate arbitration. This informal resolution period is a mandatory precondition to commencing arbitration. Statutes of limitations are tolled during this period.
17.3 Waiver of Jury Trial; CLASS ACTION WAIVER
EACH PARTY IRREVOCABLY AND UNCONDITIONALLY WAIVES ITS RIGHT TO A TRIAL BY JURY WITH RESPECT TO ANY DISPUTE COVERED BY THIS SECTION 17. ALL DISPUTES SHALL BE BROUGHT AND RESOLVED ON AN INDIVIDUAL BASIS ONLY. NEITHER PARTY MAY BRING ANY DISPUTE AS A PLAINTIFF OR CLASS MEMBER IN ANY CLASS ACTION, COLLECTIVE ACTION, REPRESENTATIVE ACTION, OR CONSOLIDATED PROCEEDING. THE ARBITRATOR MAY NOT CONSOLIDATE PROCEEDINGS OR AWARD CLASS-WIDE RELIEF. FOR THE AVOIDANCE OF DOUBT, HOWEVER, YOU CAN SEEK PUBLIC INJUNCTIVE RELIEF TO THE EXTENT AUTHORIZED BY LAW AND CONSISTENT WITH THE EXCEPTIONS CLAUSE ABOVE. IF THIS CLASS ACTION WAIVER IS LIMITED, VOIDED, OR FOUND UNENFORCEABLE, THEN, UNLESS THE PARTIES MUTUALLY AGREE OTHERWISE, THE PARTIES' AGREEMENT TO ARBITRATE SHALL BE NULL AND VOID WITH RESPECT TO SUCH PROCEEDING SO LONG AS THE PROCEEDING IS PERMITTED TO PROCEED AS A CLASS ACTION. IF A COURT DECIDES THAT THE LIMITATIONS OF THIS PARAGRAPH ARE DEEMED INVALID OR UNENFORCEABLE, ANY PUTATIVE CLASS, PRIVATE ATTORNEY GENERAL OR CONSOLIDATED OR REPRESENTATIVE ACTION MUST BE BROUGHT IN A COURT OF PROPER JURISDICTION AND NOT IN ARBITRATION.
17.4 Arbitration Agreement
Arbitration shall be administered by JAMS pursuant to its Comprehensive Arbitration Rules and Procedures then in effect (the "JAMS Rules"), as supplemented by this Agreement. The JAMS Rules are available at www.jamsadr.com. The arbitration shall be conducted in English and take place in New York, New York, unless the parties agree otherwise in writing. The Federal Arbitration Act (9 U.S.C. § 1 et seq.) governs the interpretation and enforcement of this Arbitration Agreement. The parties shall keep the arbitration proceedings confidential and not disclose any information regarding the arbitration to any third party except as required by law.
The party initiating arbitration must provide a written demand to the other party that includes: (1) a description of the Dispute and the specific claims asserted; (2) a good-faith calculation of the amount in controversy; (3) the relief requested; and (4) a certification that the informal resolution process described in Section 17.2 has been completed. Demands to Seismic should be sent to [email protected].
The arbitrator shall be selected in accordance with the JAMS Rules. The arbitrator shall be a retired judge or an attorney licensed in New York or Delaware with substantial experience in commercial, financial technology, or digital asset disputes.
The arbitrator shall have the authority to grant any form of relief that a court of competent jurisdiction could award, except that the arbitrator shall have no authority to: (a) consolidate the arbitration with any other proceeding; (b) award class-wide or collective relief; or (c) resolve any dispute regarding the validity or enforceability of Section 17.3. The arbitrator's award shall be in writing, shall set forth the essential findings and conclusions, and shall be final and binding. Judgment on the award may be entered in any court of competent jurisdiction.
Each party shall bear its own attorneys' fees and costs in connection with any arbitration, except that the arbitrator may award attorneys' fees and costs to the prevailing party if it determines that the non-prevailing party's claims or defenses were frivolous or brought for an improper purpose (as measured by the standards applicable under Federal Rule of Civil Procedure 11(b)). JAMS administrative fees shall be allocated in accordance with the JAMS Rules.
You have the right to opt out of this Arbitration Agreement by sending written notice to [email protected] within thirty (30) days of first becoming subject to this Agreement. Your opt-out notice must include your name, entity name, and the email address associated with your Account and must contain an unequivocal statement that you wish to opt out of arbitration. If you opt out, all other provisions of this Agreement remain in full force and effect, and any Disputes shall be resolved in the courts identified in Section 18.6. Opting out of this Arbitration Agreement does not affect any arbitration agreement previously entered into with Seismic.
If any portion of this Arbitration Agreement (other than Section 17.3) is found to be invalid or unenforceable, that portion shall be severed, and the remainder of this Arbitration Agreement shall continue in full force and effect.
18. GENERAL PROVISIONS
18.1 Independent Contractors
The parties are independent contractors. Nothing in this Agreement creates or implies an employment, partnership, joint venture, agency, franchise, or fiduciary relationship between the parties. Neither party has the right to bind the other or incur obligations on the other's behalf without prior written consent.
18.2 Electronic Communications
You consent to receive communications from Seismic in electronic form, including by email and in-platform notification. All notices, disclosures, and other communications provided by Seismic electronically satisfy any legal requirement that such communications be in writing.
18.3 Assignment
You may not assign, delegate, or otherwise transfer this Agreement or any of your rights or obligations hereunder without Seismic's prior written consent. Any attempted assignment in violation of this Section shall be null and void. Seismic may assign this Agreement without your consent in connection with a merger, acquisition, corporate reorganization, or sale of all or substantially all of its assets, provided that the assignee assumes Seismic's obligations hereunder.
18.4 Force Majeure
Seismic shall not be liable to you for any failure or delay in performance resulting from causes beyond Seismic's reasonable control, including acts of God, government actions, natural disasters, pandemics, network infrastructure failures, cyberattacks, or disruptions in third-party services (including Bridge or any blockchain network).
18.5 Governing Law
This Agreement and any Dispute arising hereunder shall be governed by and construed in accordance with the laws of the State of Delaware, without giving effect to any conflict of laws principles that would require the application of the laws of another jurisdiction.
18.6 Exclusive Venue
To the extent any Dispute is not subject to arbitration under Section 17, the parties consent to the exclusive jurisdiction and venue of the state and federal courts located in the State of Delaware for the resolution of such Dispute, and waive any objection to such venue.
18.7 Choice of Language
The parties agree that this Agreement and all related documents shall be drawn up and executed in the English language. Any translation is provided for convenience only; the English version controls in the event of any inconsistency.
18.8 Notices
Notices to Seismic under this Agreement must be provided in writing and sent to the contact information in Section 18.12. Notices to you will be sent to the email or mailing address associated with your Account. Notices are effective upon receipt.
18.9 Waiver
Failure by either party to enforce any provision of this Agreement on one occasion shall not constitute a waiver of that provision or any other provision of this Agreement, or of the right to enforce the same at a later time.
18.10 Severability
If any provision of this Agreement is held by a court of competent jurisdiction to be invalid, illegal, or unenforceable, such provision shall be modified to the minimum extent necessary to make it valid and enforceable, and the remaining provisions shall continue in full force and effect.
18.11 Entire Agreement
This Agreement, together with any applicable Supplemental Terms and Appendices, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous negotiations, agreements, representations, and understandings between the parties with respect to such subject matter.
18.12 Contact Information
Seismic Systems, Inc. 115 E 23rd Street, Floor 12, New York, NY 10010 Email: [email protected] For compliance and suspicious activity matters: [email protected] For security incidents: [email protected]
APPENDIX A – PROHIBITED ACTIVITIES LIST
This Prohibited Activities List ("PAL") is incorporated by reference into, and forms part of, the Seismic Terms of Service. Capitalized terms not defined herein have the meanings given in the Terms of Service.
By accessing or using the Services, you acknowledge that you have read, understood, and agree to comply with this PAL.
1. Geographic and Jurisdictional Restrictions
1.1 Sanctioned Jurisdictions
Access to and use of the Services is prohibited for (A) persons or entities who are, or whose wallet is, listed on the specially designated nationals and blocked persons list, and (B) who reside in, are located in, are incorporated in, have a registered office in, have wallet addresses located in, or have their principal place of business in Belarus, Cote D'Ivoire, the Crimea, Donetsk, Luhansk, Kherson, and Zaporizhzhia regions of Ukraine, Myanmar, North Korea, Cuba, Iran, Iraq, Liberia, Libya, Russia, South Sudan, Sudan, Syria, Venezuela, Central African Republic, Democratic Republic of the Congo, Mali, Nicaragua, or any other jurisdiction subject to comprehensive economic sanctions administered by OFAC, the European Union, the UK OFSI, or the United Nations Security Council (collectively, the "Restricted Jurisdictions").
1.2 Additional Restricted Jurisdictions
Seismic may, in its sole discretion, restrict or limit access to the Services for users located in or connected to the following jurisdictions based on evolving regulatory requirements, compliance considerations, or risk assessments: Afghanistan, Bosnia and Herzegovina, China (Mainland), Guinea, Guinea-Bissau, Haiti, Somalia, Yemen, and Zimbabwe. This list is not exhaustive and may be updated without notice.
2. Prohibited Conduct
2.1 Unlawful and Regulated Activities
Users may not use the Services to engage in, facilitate, or support:
Money laundering, terrorist financing, proliferation financing, or any transaction designed to conceal the origin, nature, or destination of illegal proceeds;
Transactions with individuals or entities on the OFAC SDN List, OFSI Consolidated List, or any equivalent sanctions list;
Tax evasion or the concealment of taxable events;
Fraud, market manipulation, wash trading, pump-and-dump activity, or other deceptive trading practices;
Structuring transactions to avoid reporting thresholds ("smurfing");
The sale, distribution, or facilitation of controlled substances without proper licensure;
Human trafficking, forced labor, or any form of modern slavery;
The creation, distribution, or facilitation of child sexual abuse material or any content that exploits minors;
Unlicensed securities offerings, broker-dealer activity, or investment advisory services;
Violation of applicable export control, trade compliance, or sanctions laws; or
Any activity intended to circumvent or undermine Seismic's compliance controls or monitoring systems.
2.2 Stablecoin-Specific Prohibitions
Users may not:
Modify or attempt to modify the issuance parameters, redemption terms, or smart contract functionality of any stablecoin issued by Bridge without Bridge's prior written consent;
Create, issue, list, or market any derivative instrument, synthetic asset, wrapped token, or other financial product based on or referencing any stablecoin issued by Bridge without Bridge's prior written consent;
Use mixing, tumbling, or similar obfuscation services in connection with any stablecoin issued by Bridge or any other assets processed through the Services;
Transact with wallet addresses or smart contracts identified on the OFAC SDN List or any other applicable blocklist; or
Take any action that would cause any stablecoin issued by Bridge to be classified as a security, commodity interest, or other regulated financial instrument under applicable law.
2.3 Prohibited Business Types and Industries
Regardless of licensing or other regulatory status, the following business types and industries may not use the Services without Seismic's prior written authorization:
Investment and consumer credit services, including businesses offering investment products, securities brokerage, regulated lending, payday lending, or rent-to-own arrangements;
Check cashing, currency exchange, or bail bond services;
Debt collection agencies or debt buyers;
Businesses primarily engaged in the sale or distribution of counterfeit, replica, or unauthorized branded goods;
Adult content platforms or services, including businesses that generate, distribute, or facilitate access to explicit sexual content for compensation;
Multi-level marketing businesses, pyramid schemes, or businesses that primarily compensate participants based on recruitment rather than product or service sales;
Digital asset exchange, brokerage, or custody services operating on behalf of the users' own customers, without prior written authorization from Seismic and Bridge;
Money services businesses, payment processors, or money transmitters acting on behalf of the users' own customers, without prior written authorization from Seismic and Bridge; and
Any other business type or use case that Seismic or Bridge determines, in their sole discretion, presents an elevated risk of financial crime, regulatory exposure, reputational harm, or violation of applicable law.
3. Platform Integrity and Identity Requirements
Users shall not:
Provide false, misleading, or incomplete information regarding their identity, beneficial ownership, source of funds, or business activities;
Conduct transactions on behalf of undisclosed third parties or act as an unlicensed intermediary;
Impersonate Seismic, Bridge, or any other person or entity;
Use Seismic's name, logo, or branding without prior written consent; or
Attempt to bypass, disable, or interfere with Seismic's security measures, jurisdictional controls, or transaction monitoring systems.
4. Activities Requiring Enhanced Due Diligence
The following activities are not prohibited outright but require prior written authorization from Seismic and may be subject to enhanced onboarding and ongoing monitoring:
Clients operating as cryptocurrency exchanges, broker-dealers, money services businesses, or payment service providers;
High-value transactions or transaction volumes that are consistent with structuring or other elevated-risk patterns;
Transactions involving politically exposed persons ("PEPs"), their immediate family members, or known close associates; and
Use cases presenting elevated financial crime risk as determined by Seismic's compliance program.
5. Modifications
Seismic may amend this PAL at any time to reflect changes in applicable law, regulatory guidance, sanctions designations, or internal risk policies. Changes will be communicated through the Services or via the contact information associated with your Account. Continued use of the Services following any such amendment constitutes acceptance of the updated PAL.
For questions regarding this PAL or to report suspected violations, please contact: [email protected]
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