Participation in COSMI Miner services, including our mining packages (Core Miner, Prime Miner, Ultra Miner, Infinity Miner), wallet integration, airdrops, and referral/MLM rewards programs, involves significant risks. This Risk Disclosure outlines the potential risks associated with using our services and engaging in cryptocurrency-related activities. By using COSMI Miner services, you acknowledge and accept these risks.
2. Cryptocurrency Market Risks
Price Volatility: Token values can fluctuate dramatically, potentially resulting in significant financial losses.
No Guaranteed Returns: As stated in our Terms of Use, there is no guarantee of return on investment (ROI). Earnings from mining or airdrops are not assured.
Market Instability: External factors such as regulatory changes, market manipulation, or economic conditions may impact token value and service performance.
3. Operational Risks
Technical Failures: Downtime, software bugs, or hardware failures may disrupt mining operations or access to your account.
Security Breaches: Despite our security measures, hacking, phishing, or other cyberattacks may result in loss of funds or data. COSMI Miner is not liable for such losses, as noted in our Terms of Use.
Third-Party Dependencies: Services like wallet integration or payment processing rely on third-party providers, which may experience failures or interruptions.
4. Referral/MLM Program Risks
Regulatory Compliance: You must comply with local laws regarding multi-level marketing (MLM) activities. Non-compliance may result in legal consequences or account termination.
Earnings Uncertainty: Referral rewards are not guaranteed and depend on the activity of referred users.
Reputational Risk: Improper promotion of our services may harm your reputation or lead to disputes with others.
5. Regulatory and Legal Risks
Legal Restrictions: Some jurisdictions may restrict or prohibit cryptocurrency mining, trading, or MLM activities, potentially affecting your ability to use our services.
AML/CTF Compliance: Failure to comply with Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations may result in account suspension or termination without refund.
Tax Obligations: You are responsible for understanding and fulfilling tax obligations related to mining rewards, airdrops, or referral earnings.
6. User Responsibility
Securing your account credentials and wallet information to prevent unauthorized access.
Conducting due diligence on the risks of cryptocurrency investments and MLM programs.
Ensuring compliance with local laws and regulations applicable to your use of COSMI Miner services.
7. Limitation of Liability
As outlined in our Terms of Use, COSMI Miner is not liable for losses due to market volatility, technical failures, security breaches, or regulatory changes. You use our services at your own risk.
8. No Financial Advice
COSMI Miner does not provide financial, investment, or legal advice. Information provided on our platform or through support channels is for informational purposes only. Consult a qualified professional before making financial decisions.
9. Amendments
We may update this Risk Disclosure at any time. Continued use of our services constitutes acceptance of the updated disclosure.
10. Governing Law
This Risk Disclosure is governed by the laws of the British Virgin Islands (BVI). Disputes will be resolved via arbitration, as outlined in our Terms of Use.