Terms & Conditions
Last update: February 28, 2025.
These Pythas Terms of Use are entered into between you (hereinafter referred to as “you” or “your '') and Pythas operators (as defined below). By accessing, downloading, using or clicking on “I agree” to accept any Pythas Services (as defined below) provided by Pythas (as defined below), you agree that you have read, understood and accepted all of the terms and conditions stipulated in these Terms of Use (hereinafter referred to as “these Terms'') as well as our Privacy Policy at www.pythas.io.In addition, when using some features of the Services, you may be subject to specific additional terms and conditions applicable to those features.
Please read the terms carefully as they govern your use of Pythas Services. These Terms contain important information including an arbitration provision that requires all claims to be resolved by way of legally binding arbitration. The terms of the arbitration provision are set forth in Article X: “Resolving disputes: Forum, Arbitration, Class Action Waiver”, hereunder. As with any asset, the values of Digital Assets (as defined below) may fluctuate significantly and there is a substantial risk of economic losses when purchasing and selling in Digital Assets and their derivatives. By making use of Pythas Services, you acknowledge and agree that: (1) You are aware of the risks associated with transactions of Digital Assets and their derivatives; (2) You shall assume all risks related to the use of Pythas Services and transactions of Digital Assets and their derivatives; and (3) Pythas shall not be liable for any such risks or adverse outcomes.
By accessing, using or attempting to use Pythas Services in any capacity, you acknowledge that you accept and agree to be bound by these Terms. If you do not agree, do not access Pythas or utilice Pythas services.
I. Definitions
“Business Day” means any day other than a U.S Federal Reserve bank holiday.
Digital Assets Partner means any third party service provider, with which Pythas may partner in connection with any convert service (Pythas OTC).
Digital Assets means any digital asset (including but not limited to a virtual currency or virtual commodity) which is a digital representation of value based on (or built on top of) a cryptographic protocol of a computer network.
Fiat Partner means any third party service provider, with which Pythas may partner in connection with any convert service (Pythas OTC).
KYB refers to the “know-your-business” process that Pythas has put in place before entering into a business relationship or conducting transactions with its Users. As part of this process, Pythas may do anything that it deems necessary in order to identify Users, verify their identity, scrutinize and investigate User transactions, or comply with any applicable law or regulation.
KYC refers to the “know-your-customer” process that Pythas has put in place before entering into a business relationship or conducting transactions with Users. As part of KYB process, Pythas may do anything that it deems necessary in order to identify ultimate beneficial owners (“UBO”) identity, scrutinize and investigate User transactions, or comply with any applicable law or regulation.
Pythas refers to an ecosystem comprising Pythas website (www.pythas.io), clients, applets and other developments that are made to offer Pythas Services, and includes independently-operated platforms, websites and clients within the ecosystem (e.g fiat gateways). In case of any inconsistency between relevant terms of use of the above platforms and the contents of these Terms, the respective applicable terms of such platforms shall prevail.
Pythas Accounts refer to the virtual accounts which are opened by Pythas for Users to record on Pythas their usage of Pythas Services, transactions, asset changes and basic information. Pythas Accounts serve as the basis for Users to enjoy and exercise their rights on Pythas.
Pythas Corporate Payments refers to Pythas service for business payments.
Pythas OTC (Over the Counter) refers to Pythas convert services,
Pythas Operators refers to all parties that run Pythas, including but not limited to legal persons, unincorporated organizations and teams that provide Pythas Services and are responsible for such services. For convenience, unless otherwise stated, references to “Pythas” an “we” in these Terms specifically means Pythas Operators. Under these Terms, Pythas Operators may change as Pythas´ business adjusts, in which case, the changed operators shall perform their obligations under these terms with you and provide services to you, and such change does not affect your rights and interest under these terms, additionally, the scope of Pythas Operators may be expanded due to the provision of new Pythas Services, it is deemed that you have agreed to jointly execute these terms with the newly added Pythas Operators. In case of a dispute, you shall determine the entities by which these terms are performed with you and the counterparties of the dispute, depending on the specific services you use and the particular actions that affect your right or interests.
Pythas Platform Rules refer to all rules, interpretations, announcements, statements, letters of consent and other contents that have been and will be subsequently released by Pythas, as well as all regulations, implementation rules, product process descriptions, and announcements published in the Help Center or within products or services processes.
Pythas Services refer to services provided to you by Pythas that are based on Internet and/or Blockchain technologies and offered via Pythas website www.pythas.io Pythas Services include selling and purchasing Digital Assets (crypto and fiat) and payments to corporations.
Users refer to all institutions, organizations or companies that access, or use Pythas or Pythas Services and who meet the criteria and conditions stipulated by Pythas.
II. General Provisions
About these terms
Contractual Relationship
These Terms constitute a legal agreement and create a binding contract between you and Pythas Operators.
Supplementary Terms
Due to the rapid development of Digital Assets and Pythas, these Terms between you and Pythas operators do not enumerate or cover all rights and obligations of each party, and do not guarantee full alignment with needs arising from future development. Therefore, the Privacy Policy, Pythas Platform rules, and all other agreements entered into separately between you and Pythas are deemed supplementary terms that are an integral part of these terms and shall have the same legal effect. Your use of Pythas Services is deemed your acceptance of the above supplementary terms.
Changes to These Terms
Pythas reserves the right to change or modify these Terms in its sole discretion at any time. Pythas will notify such changes by updating the terms on its website www.pythas.io and modifying the [Last revised] date displayed on this page. Any and all modifications or changes to these terms will become effective upon publication on the website or release to Users, therefore, your continued use of Pythas Services is deemed your acceptance of the modified agreement and rules. If you do not agree to any changes of these Terms, you must stop using Pythas Services immediately. You are recommended to frequently review these Terms to ensure your understanding of the Terms and Conditions that apply to your access to and use of Pythas Services.
Prohibition of Use
By accessing and using Pythas Services, you represent and warrant that you have not been included in any trade embargoes or economic sanctions list (such as the United Nations Security Council Sanctions List), the List of Specially Designated Nationals Maintained by OFAC (The Office of Foreign Assets Control of the U.S. Department of the Treasury), or the Denied Persons or Entity List of the U.S. Department of Commerce. Pythas reserves the right to choose markets and jurisdictions to conduct business, and may restrict or refuse in its sole discretion, the provision of Pythas Services in certain countries or regions.
About Pythas
Pythas mainly serves as an online platform for purchasing and selling Digital Assets (“Pythas OTC”) and making corporate payments (“Pythas Corporate Payments”). As further described in Article 3 below, Users must register and open an account with Pythas and deposit Digital Assets/ Fiat Currencies into their account prior to selling or purchasing. Users may, subject to the restrictions of these Terms, apply for the withdrawal of Digital Assets.
Although Pythas has been committed to maintaining the accuracy of the information provided through Pythas Services, Pythas cannot and does not guarantee it accuracy, applicability, reliability, integrity, performance or appropriateness, nor shall Pythas be liable for any loss or damage that may be caused directly or indirectly by your use of these contents. The information about Pythas Services may change without notice, and the main purpose of providing such information is to help Users make independent decisions. Pythas does not provide investment or consulting services and it's not responsible for the use or interpretation of information of Pythas or any other communication medium. All Users of Pythas must understand the risks associated with Digital Assets, and are recommended to exercise prudence and responsibility within their own capabilities.
Pythas Account Registration and Requirements
Registration
All Users must apply for a Pythas Account at www.pythas.io before using Pythas Services. For your registration, Users must provide the information identified in this paragraph 3 or otherwise as requested by Pythas, accept these Terms, the Privacy Policy, and other Pythas Platform Rules. Pythas may refuse, in its sole discretion, to open a Pythas Account for you. You agree to provide complete and accurate information when opening a Pythas Account, and agree to timely update any information you provide to Pythas to maintain the integrity and accuracy of the information. Each User (institution, organization or companies) may maintain only one main account at any given time.
Eligibility
By registering to use a Pythas Account, you represent and warrant that: (i) as a legal person, or other organization, you have full capacity and sufficient authorizations to enter into these Terms; (ii)you have not been previously suspended or removed from using the Pythas Platform or the Pythas Services; (iii) you do not have an existing Pythas Account; (iv) you are not a resident, located in or otherwise attempting to access the Pythas Platform or the Pythas Services from, or otherwise acting on behalf of a person or legal entity that is resident or located in, a Restricted Location. For the purposes hereof, “Restricted Location” shall include all jurisdictions under OFAC Sanctions Programs and such other locations as designated by Pythas Operators from time to time as a “Restricted Location” for the purposes hereof; (v) if you act as an employee or agent of a legal entity, and enter into these Terms on their behalf, you represent and warrant that you have all the necessary right and authorizations to bind such legal entity, and (vi) your use of the Pythas Platform and Pythas Services will not violate any and all laws and regulations applicable to you or the legal entity on whose behalf you are acting, including but not limited to regulations on anti-money laundering, anti-corruption, and counter-terrorist financing.
Please note that there are legal requirements in various jurisdictions which may restrict the products and services that Pythas Operators can lawfully provide. Accordingly, some products and services and certain functionality within the Pythas Platform may not be available or may be restricted in certain jurisdictions or regions or to certain Users. You shall be responsible for informing yourself about and observing any restrictions and/or requirements imposed with respect to the access to and use of the Pythas Platform and the Pythas Services in each county from which the Pythas Platform and the Pythas Services are accessed by you or on your behalf. Pythas Operators reserve the right to change, modify or impose additional restrictions with respect to the access to and use of the Pythas Platform and/the Pythas Services from time to time at their sole discretion at any time without prior notice.
User Identity Verification
Your registration of an account with Pythas will be deemed your agreement to provide required personal information for identification purposes. Such information will be used to verify User´s identity, identify traces of money laundering, terrorist financing, fraud and other financial crimes through Pythas, or for other lawful purposes stated by Pythas. We will collect, use and share such information in accordance with our Privacy Policy. In addition to providing such information, you agree to allow us to keep a record of that information during the period for which your account is active and within five (5) years after your account is closed, in compliance with global industry standards on data storage. You also authorize us to conduct necessary investigations directly or through a third party to verify your identity or protect you and/or us from financial crimes, such as fraud. The information we require to verify your identity may include, but it is not limited to, your company's trading name, company address, email address, contact information, phone number, articles of incorporation, financial information, applicant´s personal information and other information collected during account registration. When providing the required information, you confirm that it is true and accurate. After registration, you must ensure that the information is true, complete, accurate and timely updated when changed. If there are any grounds for believing that any of the information you provided is incorrect, false, outdated or incomplete, Pythas reserves the right to send you a notice to demand correction, directly delete the relevant information, and, as the case may be, terminate all or part of the Pythas Services we provide for you, you shall be fully liable for any loss or expense caused to Pythas during your use of Pythas Services.
You hereby authorize Pythas to conduct investigations that Pythas considers necessary, either directly or through a third party, to verify your identity or protect you, other Users and/or Pythas from fraud or other financial crimes, and to take necessary actions based on the results of such investigations, you also acknowledge and agree that your personal information may be disclosed to credit bureaus and agencies for fraud prevention or financial crime prevention, which may respond to our investigations in full.
Account Usage Requirements
The Pythas account can only be used by the account registrant. Pythas reserves the right to suspend, freeze or cancel the use of Pythas Account by persons other than account registrant. If you suspect or become aware of any unauthorized use of your username and password, you should notify Pythas immediately. Pythas assumes no liability for any loss or damage arising from the use of Pythas Account by you or any third party with or without your authorization.
Account Security
Pythas has been committed to maintaining the security of User entrusted funds, and has implemented industry standard protection for Pythas Services. However, the actions of individual Users may pose risks. You shall agree to treat your access credentials (such as username and password) as confidential information, and not to disclose such information to any third party. You also agree to be solely responsible for taking the necessary security measures to protect your Pythas Account and personal information.
You should be solely responsible for keeping safe of your Pythas Account and password, and be responsible for all the transactions under your Pythas Account. Pythas assumes no liability for any loss or consequences caused by authorized or unauthorized use of your account credentials, including but not limited to information disclosure, information release, consent or submission of various rules and agreements by clicking on the website, online agreement renewal, etc.
By creating a Pythas Account, you hereby agree that:
i.You will notify Pythas immediately if you are aware of any unauthorized use of your Pythas Account and password or any other violation of security rules;
ii.You will strictly abide by all mechanisms or procedures of Pythas regarding security, authentication, charging, and withdrawal; and
iii.You will take appropriate steps to logout from Pythas at the end of each visit.
4. Pythas Services
Upon completion of the registration and identity verification for your Pythas Account, you may use Pythas Services, including but not limited to, purchasing and selling Digital Assets/Fiat Currencies (“Pythas OTC”) and making corporate payments (“Pythas Corporate Payments”).
Pythas OTC enables Users to buy and sell Digital Assets and Fiat Currencies based on prices provided by Pythas.
Pythas Corporate Payment services allows you to send payments to other businesses using Digital Assets or Fiat Currencies.
In order to do any of Pythas services, users must pre fund their account via wire or ACH transfer. Once the transfer is completed, Pythas will make the designated change (fiat currency - digital asset / digital asset - fiat currency).
Pythas has the right to:
Provide, modify or terminate, in its discretion, any Pythas Services; and
Allow or prohibit some User´s use of any Pythas Services in accordance with relevant Pythas Service Rules.
Pythas has the exclusive authority to determine which Digital Assets are listed on the platform and may add or remove Digital Assets from the platform in its sole discretion, from time to time. In respect of such additions, removals, or amendments, Pythas may, but is not obliged to, notify Users in advance and Pythas shall have no liability to Users in connection with such additions, removals or amendments.
4.1 Service Usage Guidelines
License
Provided that you constantly comply with the express terms and conditions stated in this Terms, Pythas grants you a revocable, limited, royalty-free, non-exclusive, non-transferable, and non-sublicensable license to access and use Pythas Services through your computer or Internet compatible devices for your personal/internal purposes. You are prohibited to use Pythas Services for resale or commercial purposes, including transactions on behalf of other persons or entities. All the above actions expressly prohibited and constitute a material violation of these Terms. The content layout, format, function and access rights regarding Pythas Services should be stipulated in the discretion of Pythas. Pythas reserves all rights not expressly granted in these Terms. Therefore, you are hereby prohibited from using Pythas Services in any way not expressly authorized by these Terms.
These Terms only grant a limited license to access and use Pythas Services. Therefore, you hereby agree that when you use Pythas Services, Pythas does not transfer Pythas Services or the ownership or intellectual property rights of any Pythas Intellectual property to you or anyone else. Pythas intellectual property includes but it is not limited to all the text, graphics, user interfaces, visual interface, photos, sounds, process flow diagrams, computer code (including html code), programs, software, products, information and documents, as well as the design, structure, selection, coordination, expression, look and feel, and layout of any content included in the services or provided though Pythas Services, are exclusively owned, controlled and/or licensed by Pythas Operatorios or its members, parent companies, licensors or affiliates.
Pythas owns any feedback, suggestions, ideas or other information or materials (hereinafter collectively referred to as “Feedback”) about Pythas or Pythas Services that you provide through email, Pythas Services, or other ways. You hereby transfer all rights, ownership and interests of the Feedback and all related intellectual property rights to Pythas. You have no right and hereby waive any request for acknowledgement or compensation based on any Feedback, or any modifications based on any Feedback.
Restriction
When you use Pythas Services, you agree and undertake to comply with the following provisions:
i.During the use of Pythas Services, all activities you carry out should comply with the requirements of applicable laws and regulations, these Terms, and various guidelines of Pythas.
ii.Your use of Pythas Services should not violate public interests, public morals, or the legitimate interests of others, including any actions that would interfere with, disrupt, negatively affect, or prohibit other Users from using Pythas Services;
iii.You agree not use the services for market manipulation (such as pump and dump schemes, wash trading, self-trading, front running, quote stuffing, and spoofing or layering, regardless of whether prohibited by law);
iv. Without prior written permission from Pythas, you may not modify, replicate, duplicate, copy, download, store, further transmit, disseminate, transfer, disassemble, broadcast, publish, remove or alter any copyright statement or label, or license, sub-license, sell, mirror, design, rent, lease, private label, grant security interest in the properties or any part of the properties, or create their derivative works or otherwise take advantage of any part of the properties.
i.You may not (i) use any deep linking web crawlers, bots, spiders or other automatic devices, programs, scripts, algorithms or methods, or any similar or equivalent manual processes to access, obtain, copy or monitor any part of the properties, or replicate or bypass the navigational structure or presentation of Pythas Services in any way, in order to obtain or attempt to obtain any materials, documents or information in any manner not purposely provided through Pythas Services; (ii) attempt to access any part or function of the properties without authorization, or connect to Pythas Services or any Pythas servers or any other systems or networks of any Pythas Services provided through the services by hacking, password mining or any other unlawful or prohibited means; (iii) probe, scan or test the vulnerabilities of Pythas Services or any network connected to the properties, or violate any security or authentication measures on Pythas Services or any network connected to Pythas Services; (iv) reverse look-up, track or seek to track any information of any other Users or visitors of Pythas Services; (v) take any actions that imposes an unreasonable or disproportionately large load on the infrastructure of systems or networks of Pythas Services or Pythas, or the infrastructure of any systems or networks connected to Pythas Services; (vi) use any devices, software or routine programs to interfere with the normal operation of Pythas Services or any transactions on Pythas Services, or any other person´s use of Pythas Services; (vii) forge headers, impersonate, or otherwise manipulate identification, to disguise your identity or the origin of any messages or transmissions you send to Pythas, or (viii) use Pythas Services in an illegal way.
By accessing Pythas Services, you agree that Pythas has the right to investigate any violation of these Terms, unilaterally determine whether you have violated these Terms, and take actions under relevant regulations without your consent or prior notice. Examples of such actions include, but are not limited to:
Blocking and closing order requests;
Reporting the incident to the authorities;
Freezing your account;
Publishing the alleged violations and actions that have been taken;
Deleting any information you published that are found to be violating these Terms.
4.2 Wallet Whitelisting Policy
To enhance security and prevent unauthorized transactions, Pythas requires users to whitelist their cryptocurrency wallet addresses before performing certain transactions.
Users are required to submit their wallet addresses for verification and approval before initiating transactions. Any modifications to a whitelisted wallet must be formally requested and may go through a formal review process. Pythas reserves the right to decline or remove a wallet from the whitelist if any suspicious activity or compliance concerns arise.
III. Liabilities
1. Disclaimer of Warranties
To the maximum extent permitted under applicable law, Pythas Services, Pythas Materials and any product, service or other item provided by or on behalf of Pythas are offered on an “as is” and “as available” basis, and Pythas expressly disclaims, and you waive, any and all other warranties of any kind, whether express or implied, including but not limited to, warranties of merchantability, fitness for a particular purpose, title or non-infringement or warranties arising from course of performance, course of dealing or usage in trade. Without limiting the foregoing, Pythas does not represent or warrant that the site, Pythas Services or Pythas materials are accurate, complete, reliable, current, error-free, or free of viruses or other harmful components. Pythas does not guarantee that any order will be executed, accepted, recorded or remain open. Except for the express statements, agreements and rules set forth in these Terms, you hereby acknowledge and agree that you have not relied upon any other statement or agreement, whether written or oral, with respect to your use and access of Pythas Services. Without limiting the foregoing, you hereby understand and agree that Pythas will not be liable for any losses or damages arising out of or resulting from: (a) Any inaccuracy, defect or omission of digital assets price data, (b) any error or delay in the transmission of such data, (c) interruption in any such data, (d) regular or unscheduled maintenance carried out by Pythas and service interruption and change resulting from such maintenance, (e) any damages incurred by other User's actions, omissions or violation of these Terms, (f) any damage caused by illegal actions of other third parties or actions without authorized by Pythas; and (g) other exemptions mentioned in disclaimers and platform rules issued by Pythas.
The disclaimer of implied warranties contained herein may not apply if and to the extent it is prohibited by applicable law of the jurisdiction in which you reside.
2. Disclaimer of Damages and Limitation of Liability
To the maximum extent permitted by applicable law, in no event will Pythas, its affiliates, and their respective shareholders, members, directors, officers, employees, attorneys, agents, representatives, suppliers, or contractors be liable for any incidental, indirect, special, punitive, consequential, or similar damages or liabilities whatsoever (including, without limitation, damages for loss of data, information, revenue, profits, or other business or financial benefits) arising out of or related to the products or services provided by third parties, including but not limited to any products or services offered by vendors or merchants utilizing Pythas Services. Pythas’s responsibility is solely limited to the processing of payments, and Pythas is not responsible for any other products or services provided by third parties.
Pythas does not assume any responsibility for the quality, legality, or performance of any goods or services purchased through or in connection with the use of Pythas Services. Pythas is not involved in the creation, distribution, or any part of the process of the products or services, other than processing payments. Any claims related to third-party products or services must be directed to the respective third-party vendors or service providers.
In no event shall Pythas’s liability exceed the amount of the fees paid by you to Pythas for payment processing services during the twelve-month period immediately preceding the event giving rise to the claim for liability.
3. Indemnification
IV. Announcements
V. Termination of Agreement
1. Suspension of Pythas Account
You agree that Pythas shall have the right to immediately suspend your Pythas Account (and any accounts beneficially owned by related entities or affiliates), freeze or lock the Digital Assets or funds in all such accounts, and suspend your access to Pythas for any reason including if Pythas suspects any such accounts to be in violation of these Terms, our Privacy Policy, or any applicable laws and regulations. You agree that Pythas shall not be liable to you for any permanent or temporary modification of your Pythas Account, or suspension or termination of your access to all or any portion of Pythas Services. Pythas shall reserve the right to keep and use the transaction data or other information related to such Pythas Accounts. The above account controls may also be applied in the following cases:
The Pythas Account is subject to a governmental proceeding, criminal investigation or other pending litigation;
We detect unusual activities in the Pythas Account;
We detect unauthorized access to the Pythas Account;
We are required to do so by a court order or command by a regulatory/government authority.
2. Cancellation of Pythas Account
In case of any of the following events, Pythas shall have the right to directly terminate these Terms by canceling your Pythas, and shall enjoy the right but not the obligation to permanently freeze (cancel) the authorizations of your Pythas Account on Pythas and withdraw the corresponding Pythas Account thereof:
after Pythas terminates services to you;
you allegedly register or register in any other person’s name as a Pythas User again, directly or indirectly;
the information that you have provided is untruthful, inaccurate, outdated or incomplete;
when these Terms are amended, you state your unwillingness to accept the amended Terms by applying for cancellation of your Pythas Account or by other means;
you request that Pythas Services be terminated; and
any other circumstances where Pythas deems it should terminate Pythas Services.
Should your Pythas Account be terminated, the account and transactional information that meet data retention standards will be securely stored for 5 years. In addition, if a transaction is unfinished during the account termination process, Pythas shall have the right to notify your counterparty of the situation at that time. You acknowledge that a user-initiated account exit (right to erasure under CCPA or other equivalent regulations) will also be subjected to the termination protocol stated above.
If Pythas is informed that any Digital Assets or funds held in your Pythas Account are stolen or otherwise are not lawfully possessed by you, Pythas may, but has no obligation to, place an administrative hold on the affected funds and your Pythas Account. If Pythas does lay down an administrative hold on some or all of your funds or Pythas Account, Pythas may continue such hold until such time as the dispute has been resolved and evidence of the resolution acceptable to Pythas has been provided to Pythas in a form acceptable to Pythas. Pyhtas will not involve itself in any such dispute or the resolution of the dispute. You agree that Pythas will have no liability or responsibility for any such hold, or for your inability to withdraw Digital Assets or funds or execute trades during the period of any such hold.
3. Remaining Funds After Pythas Account Termination
Except as set forth in paragraph 4 below, once a Pythas Account is closed/withdrawn, all remaining account balance (which includes charges and liabilities owed to Pythas) will be payable immediately to Pythas. Upon payment of all outstanding charges to Pythas (if any), Users will have 5 business days to withdraw all Digital Assets or funds from the account.
4. Remaining After Pythas Account Termination Due to Fraud, Violation of Law, or Violation of These Terms
In the event of Pythas Accounts´suspension/closure arising from fraud investigations, investigations of violation of law or violation of these Terms Pythas will suspend the account and the Digital Assets, funds and User data/information may be turned over to governmental authorities.
5. Dormant Accounts
Notwithstanding any provision of this Section VI, Pythas may provide a written notice requiring you to close all of your open positions and withdraw all of your Digital Assets from your Pythas Account within 30 days of the notice. In the event that you fail to do so, Pythas may in its absolute discretion and without prior notice to you:
(a.) deem your Pythas account as a dormant account;
(b.) close any open positions in any Pythas products;
(c.) convert the Digital Assets to a different type of Digital Asset (e.g.,from BTC to stablecoin). For the avoidance of doubt, none of the Pythas Operators shall be liable for any loss of profit, tax obligations or any other loss, damage or expense incurred by you resulting from such conversion;
(d.) transfer such dormant account (including any Digital Assets contained therein) to an affiliate of the Pythas Operators, any third-party custodian or an isolated wallet where it is deemed reasonably necessary by Pythas to do so. In the event that such transfer has taken place, you have the right to retrieve your digital assets from subject to satisfying Pythas’ verification requirements, including completing KYB and KYC;
(e.)(a) charge a dormant account fee to cover the cost of maintaining the assets by the Pythas Operators, its affiliates or any third-party and such fee shall be withdrawn directly from the dormant account on a monthly basis; and
(f.) close a dormant account at any time, and Pythas will not be liable for any loss, damage or expense incurred by you as a result of the closure of a dormant account unless there was a fraud or willful default on the part of Pythas. Any assets in these dormant accounts will be transferred in accordance to paragraph 5(d) above. After a dormant account is closed, it cannot be reactivated by you (i.e. you will need to register a new Pythas account if you wish to continue to use Pythas Services).