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Terms of service

ORAX CORPORATION LLC

Registered Address: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH 96960, Republic of the Marshall Islands

1. General Provisions

1.1. These Terms of Service (“Terms”) constitute a legally binding agreement between ORAX CORPORATION LLC (the “Company”) and the individual or legal entity (“Client” or “you”) that registers and uses the Company’s services.

1.2. The Company is incorporated under the laws of the Republic of the Marshall Islands (RMI) and operates in accordance with:

  • Marshall Islands Business Corporations Act;
  • Banking Act 1987 (as amended);
  • Anti-Money Laundering Regulations 2002 (as amended 2023);
  • Proceeds of Crime Act;
  • FATF Recommendations and RMI FIU Guidelines.

1.3. By registering, opening an account, or using the Company’s services, you confirm that you have read, understood, and agreed to these Terms, as well as all applicable Company policies, including:

  • AML/CFT Policy;
  • Data Protection & Privacy Policy;
  • Cookies Policy;
  • Risk Assessment & Risk Appetite Policy;
  • Conflict of Interest Policy.

These policies are available on request or via the Company’s website.

2. Definitions

For the purposes of these Terms:

  • Company – ORAX CORPORATION LLC, a limited liability company incorporated in RMI.
  • Services – Virtual Currency Asset Management and Investment Management Services, including Initial Coin Offering (ICO) investment management.
  • Virtual Currency – Digital value transferable and tradable but not legal tender of any jurisdiction.
  • Client Account – A dedicated account within the Company’s system where Client funds are held and managed.
  • Virtual Currency Wallet – A software application or equivalent mechanism for storing and transferring virtual currency.
  • Business Day – Any day excluding weekends and RMI public holidays when banks and payment systems operate.

3. Scope of Services

3.1. The Company provides Virtual Currency Asset Management and ICO Investment Managementservices, which may include spot trading, margin trading, derivatives, and other digital asset strategies.

3.2. By depositing Virtual Currency, the Client grants the Company discretionary authority to manage these assets for the Client’s benefit in accordance with the Client’s agreed risk profile and applicable regulations.

3.3. The Company does not guarantee profits, fixed returns, or interest on Virtual Currency funds.

4. Client Onboarding and KYC

4.1. Prior to account activation, the Client must complete full Customer Due Diligence (CDD)as per the Company’s AML/CFT Policy. This includes:

  • Submission of valid identification documents;
  • Verification of Ultimate Beneficial Owners (UBOs) for legal entities;
  • Proof of source of funds/wealth if required.

4.2. The Company reserves the right to request additional information or documentation at any time and to suspend or terminate accounts if the Client fails to comply.

4.3. If acting for a third party, the Client must disclose the UBO and provide supporting documents; failure to do so may result in account closure.

5. Deposits and Withdrawals

5.1. Minimum deposit: USD 10,000 (or equivalent in USDT/USDC).

5.2. Deposits must be made to the Company-provided Virtual Currency Wallet. The Company is not liable for losses caused by incorrect deposit addresses provided by the Client.

5.3. Withdrawals:

  • Permitted after a minimum holding period of 1 month;
  • Require 30 days’ advance notice;
  • Processed to the Client’s verified wallet address.

5.4. Early withdrawal before the minimum term may incur a 2% cancellation fee.

6. Fees

  • Management Fee: 3% of total assets under management, charged at deposit and at the start of each new term.
  • Strategy Entrance Fee: 0% (waived).
  • Performance Fee: 20% on net gains exceeding 4.5% growth (High Water Mark principle applied).

7. Risk Disclosure

7.1. Digital asset markets are highly volatile and subject to significant risks, including total loss of capital.

7.2. The Client acknowledges understanding of these risks and confirms review of the Risk Assessment & Risk Appetite Policy.

7.3. The Company bears no liability for losses arising from market volatility, force majeure events, or third-party failures.

8. Confidentiality

8.1. All non-public information exchanged between the parties is confidential.

8.2. Disclosure is permitted only where required by law, regulation, or competent authority (e.g., RMI FIU under AML laws).

9. Data Protection

9.1. The Company acts as a Data Controller and processes personal data in line with its Data Protection & Privacy Policy.

9.2. Clients have rights of access, correction, and deletion under applicable data protection laws.

10. Compliance and AML

10.1. The Company implements strict AML/CFT measures, including transaction monitoring and suspicious activity reporting in line with RMI FIU guidelines.

10.2. Accounts may be frozen or terminated if suspicious activity is detected or if mandated by law.

11. Limitation of Liability

11.1. The Company is not liable for indirect, incidental, or consequential damages, loss of profits, or loss of data.

11.2. Total liability shall not exceed the total fees paid by the Client to the Company within the last 12 months preceding the claim.

12. Governing Law and Dispute Resolution

12.1. These Terms are governed by the laws of the Republic of the Marshall Islands.

12.2. Any disputes shall be resolved by arbitration in Majuro, RMI, under the Marshall Islands Arbitration Rules.

12.3. Both parties waive class-action rights; claims must be brought individually.

13. Termination

13.1. Either party may terminate by providing 30 days’ notice (subject to minimum deposit period).

13.2. The Company may terminate immediately in case of:

  • Breach of AML/CFT obligations;
  • False or misleading information by the Client;
  • Regulatory requirement or force majeure.

13.3. Upon termination, funds will be returned to the Client’s verified wallet after settlement of outstanding fees or liabilities.

14. Miscellaneous

  • Tax obligations remain the sole responsibility of the Client.
  • Amendments to these Terms will be posted on the Company’s website and become effective upon publication.
  • If any clause is deemed invalid, the remainder of the Terms remains enforceable.