Terms of Use

Cor Prime ISAC Ltd (“Cor Prime ISAC”) is an incorporated segregated accounts company limited by shares, incorporated in Bermuda. Cor Prime ISAC and its incorporated segregated accounts (each “Cor Prime ISA” and together with Cor Prime ISAC (“Cor Prime”)) are each licensed as a digital assets business by the Bermuda Monetary Authority with a Class M licence to operate as a digital asset services vendor and as a digital asset lending or digital asset repurchase transactions service provider.

1) COR PRIME WEBSITE

This website (“Site”) is the property of COR PRIME (“Company” / “We”). You hereby accept and agree to comply with the terms and conditions set forth in these Terms of Use, which are entered into between you and COR PRIME.

These Terms of Use are a binding agreement between you and COR PRIME, and govern your access and use of the Site, which includes any text, graphics, user interfaces, information, data, tools, products, services, and other content (together, “Content”) available on or through the Site. These Terms of Use apply in addition to any other agreements and terms and conditions between you and the Company, and other agreements, terms and conditions that govern your use of products, services, content, tools and information available on the Site (“Terms and Conditions“).

These Terms of Use are subject to change at our discretion and you will be bound by any revised versions of these Terms of Use that we post on the Site and effective immediately upon posting  (save as required under applicable law). The Company will provide you with not less than thirty days prior notice of any material change to the Terms and Conditions.

You may contact us by e-mail at legal@corprime.com with questions about these Terms of Use.

PLEASE READ THESE TERMS OF USE CAREFULLY BEFORE USING THE SITE. EACH TIME YOU USE THE SITE, YOUR USE INDICATES YOUR UNDERSTANDING, FULL ACCEPTANCE OF AND AGREEMENT TO ABIDE BY THESE TERMS OF USE. IN DOING SO, YOU ACKNOWLEDGE THAT YOU UNDERSTAND AND ACCEPT THE RISKS OF THE PRODUCTS AND SERVICES THAT WE PROVIDE. IF YOU DO NOT ACCEPT THESE TERMS OF USE OR ANY OTHER TERMS AND CONDITIONS, DO NOT USE THE SITE.

2) PRIVACY POLICY

Your privacy is important to us. We encourage you to review our Privacy Policy, which explains how we treat your personal information. Cor Prime’s Privacy Policy is hereby incorporated into these Terms of Use.

3) USE OF THE SITE

All or any portion of the Site may not be available and may not function properly at any time, including during times of significant volatility or volume.

We make reasonable efforts and employ appropriate safeguards to avoid technological problems, but at any time, the Site may have and may cause technological problems such as viruses and other damaging computer programming routines or engines. The Company is not liable for any technological problems and any impact they may have.

We are not responsible for information on any third-party website that is referenced in, or accessible or connected by hyperlink to, the Site.

If you access any third-party website through the Site or otherwise, you do so at your own risk. Hyperlinks to or from the Site do not constitute third-party endorsement of, sponsorship by, or affiliation with us.

The Company has the right, but not the obligation, to monitor and record activity on the Site and respond to and take such action as it deems appropriate. Without limitation, we may, at any time for any reason, without notice or liability to you:

  • We may monitor and record activity on the Site for any reason or for no reason;
  • We may investigate any complaint or reported violation of these Terms of Use, Terms and Conditions or our policies and procedures;
  • We may report any activity we suspect may violate any law or regulation to regulators, law enforcement officials, or other persons or entities we deem appropriate;
  • We may issue warnings, suspend, or terminate use of the Site, deny access to all or part of the Site or take any other action we deem appropriate;
  • We may edit, remove or restrict any Content at any time without notice or providing a reason to you.

There are various risks you assume in relying on the Content, without limitation:

  • The Content speaks only as of the date indicated, if any.
  • We make reasonable efforts to provide accurate Content, but at times we may not promptly update or correct the Site even if we are aware it is inaccurate, outdated, or otherwise inappropriate.
  • We may change all or any portion of the Site at any time without notice to you.
  • We do not endorse the opinions of or warrant the accuracy of facts or other Content contributed by any third party.

You will not transmit to the Company anything which is: (i) commercial or promotional in nature; (ii) unlawful or deceptive or otherwise violates the legal privacy of others; (iii) capable of giving rise to any legal action against you or the Company; (iv) in breach of or likely to infringe the intellectual property rights of any person; or (v) which contains any harmful content, including viruses, malware, or any program, code or technology designed to disrupt, intercept, impair or affect the functionality of the Site.

You may not violate, interfere with, impair or circumvent the operation, security or privacy of the Site, including carrying out, or attempting to carry out spamming, denial of service attacks or similar activities.

‍4) INTELLECTUAL PROPERTY

All rights, title and interest in and to the Site and the Content and any and all intellectual property contained therein is owned by and will remain the exclusive property of Cor Prime and its licensors.

Subject to these Terms of Use, we grant you a limited, non-transferable, non-sublicensable, non-exclusive, revocable license to use the Site and the Content for personal use until such time as your right to use the Site is terminated or expired.

Except as expressly permitted in these Terms of Use, you may not, and you may not allow others to:

  • sell, copy, modify, correct, enhance, create derivative works from, publish, broadcast, retransmit, reproduce, repackage, frame, store, distribute or exploit any Content or any portion of the Site;
  • decompose, decompile, reverse engineer, disassemble or otherwise deconstruct all or any portion of the Site
  • remove any copyright, trademark, or other proprietary notice or legend contained on (or printed from) the Site.

You may print copies of any accessible portion of the Site only for your own personal use. You may discuss information you learn from the Site with your financial, legal or tax advisors, and others with whom you share trading or investment decisions.

5) NO SOLICITATION OR ADVICE

Nothing on the Site is an offer or solicitation to buy or sell any commodity, security, or other financial asset.

The Company is not providing any fiduciary, advisory or other similar services to, and does not prior to formal engagement act as agent or intermediary for, you, any person or entity related to you or affiliated with you (including without limitation any of your customers or clients).

We do not give any advice or make any representations through the Site as to whether any commodity, security, investment, or financial asset is suitable to you or will be profitable.

Nothing on the Site is intended to be, and you should not consider anything on the Site to be, trading, investment, accounting, tax, legal, or professional advice of any kind.

You agree that we are not liable for any action you take or decision you make in reliance on any Content.

If you would like professional advice, you should consult with your own financial advisors, accountants, or attorneys regarding your individual circumstances and needs.

THE PAST PERFORMANCE OF ANY INVESTMENT, STRATEGY, OR STYLE IS NOT INDICATIVE OF NOR A GUARANTEE OF FUTURE PERFORMANCE.

6) CERTAIN RISKS IN USING THE SITE

Your use of the Site is entirely at your own risk. You should consult your own legal, tax and financial advisors regarding these Terms of Use and your use of the Platform.

Below is a non-exhaustive list of risks that you assume by using the Site.

  1. We are an enterprise with little operating history. There can be no assurance that the Company will achieve its objective or that the products and services described on the Site will be successful.
  2. The market value of digital assets may change. Adverse market movements could lead to meaningful capital loss for you at the point of withdrawal. We provide no guarantee as to the underlying value of the digital assets traded on the Platform, the value of such assets may increase or decrease. Risks of sponsor defaults, lack of liquidity, blockchain reorganizations and forks are all possible outcomes when customers plan to invest in a specific token.
  3. We must comply with various legal requirements, including without limitation the Companies Act 1981, Incorporated Segregated Accounts Company Act 2019 and the Digital Asset Business Act 2018 and the Digital Asset Business (Client Disclosure) Rules 2018 (each, as amended from time to time). Should any of those laws change, the legal requirements to which Cor Prime and you may be subject could differ materially from current requirements.
  4. General economic and business conditions may affect the activities of the Company. Unexpected volatility or liquidity in the markets in which the Company operates could impair its ability to carry out its business and could cause it to incur losses.

‍7) LIABILITY

Neither Cor Prime, its affiliates, nor their directors, officers, employees or agents will be liable to you for any indirect, consequential, exemplary, punitive or special damages or lost profits, even if we have been advised of the possibility of any such damages or loss of profits.

The Company disclaims, to the fullest extent permitted by law, all representations and warranties, express or implied, of any kind with respect to the Site, the Platform or the products and services offered by the Company.

WITHOUT LIMITING OUR GENERAL DISCLAIMER, WE DO NOT WARRANT THE AVAILABILITY, ACCURACY, COMPLETENESS, TIMELINESS, FUNCTIONALITY, RELIABILITY, SEQUENCING, SUITABILITY, OR SPEED OF DELIVERY OF THE SITE OR ANY PART OF THE CONTENT.

THIS DISCLAIMER OF LIABILITY APPLIES TO ANY AND ALL DAMAGES, INCLUDING THOSE CAUSED BY ANY FAILURE OF PERFORMANCE, ERROR, OMISSION, INTERRUPTION, DELETION, DEFECT, DELAY IN OPERATION OR TRANSMISSION, COMPUTER VIRUS, COMMUNICATION LINE FAILURE, THEFT, DESTRUCTION OR UNAUTHORIZED ACCESS TO, ALTERATION OF OR USE OF ANY ASSET, WHETHER FOR BREACH OF CONTRACT, TORTIOUS BEHAVIOR, NEGLIGENCE, OR ANY OTHER CAUSE OF ACTION.

8) INDEMNITY

You agree to indemnify, defend, and hold harmless Cor Prime, its affiliates, and their respective directors, members, officers, employees or agents to the fullest extent permitted by applicable law, against any loss, liability, action, costs, claims, damages, penalties, interest, proceedings or expenses that you may suffer, directly or indirectly, in connection with:

  • your use of the Site,
  • your violation of any applicable law, statute, ordinance, regulation, or of any third-party’s rights, or
  • claims asserted by third parties that, if proven, would place you in breach of representations, warranties, covenants, or other provisions contained in these Terms of Use.

You hereby waive any and all claims that you may have against the Company arising therefrom (including, in respect of any claim for direct, indirect, consequential or pecuniary damages) except for any claims arising as a result of the gross negligence, wilful misconduct, fraud or dishonesty on the part of the Company.

10) GENERAL

Failure by us to exercise, or any delay in exercising, any right or remedy provided under these Terms of Use or by law shall not constitute a waiver of that or any other right or remedy, nor shall it preclude or restrict any further exercise of that or any other right or remedy.

If any provision in these Terms of Use shall be held to be illegal, invalid or unenforceable, in whole or in part, such provision or part shall to that extent be deemed not to form part of these Terms of Use, but the legality, validity and enforceability of the remainder of these Terms of Use shall not be affected.

‍11) COMPLAINTS

If you have a complaint or concern about any aspects of our products or services, please contact our Customer Support at support@corprime.com and Legal at legal@corprime.com.

Please provide clear details of your nature of complaint and we will acknowledge receipt of your communication within two (2) business days of receipt. A designated officer will investigate as necessary and provide a formal response within fifteen (15)   business days in accordance with our Complaints Handling Policy.

For any unresolved complaints, customers can contact the relevant regulatory body.

Bermuda Monetary Authority (BMA)  
‍Post: BMA House, 43 Victoria Street, Hamilton, HM12
Email: enquiries@bma.bm
Website: www.bma.bm‍

12) GOVERNING LAW AND DISPUTES

With respect to Cor Prime, these Terms of Use will be governed by and construed and enforced solely in accordance with the laws of Bermuda and you consent and submit exclusively to the jurisdiction of the courts of Bermuda for the purposes of litigating any dispute arising out of these Terms of Use, except with regard to injunctive relief.

 

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