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Reddit Posts

NATO countries are taking Cybercrime up the A** like idiots

A Closer Look at At Celsius' Crazy Terms of Use

The current state of staking with top cryptos - summarized on an exchange TOS

r/CryptoCurrencySee Post

Suspect Who Invaded Terra Founder Do-Kwon’s Residence Reveals His Motive - TOS

r/CryptoCurrencySee Post

Be careful using Binance(.US)

r/CryptoCurrencySee Post

Donut handled the stable coin market volatility wonderfully.

r/CryptoCurrencySee Post

Donut Defi handled UST’s demise well.

r/CryptoCurrencySee Post

This is what we get with institutional investors entering the space. And who the hell are we to speak of in the first place?!

r/BitcoinSee Post

sup hodlers&homies, what are your experiences with centralized exchanges? Let me know.

r/BitcoinSee Post

Warning on Gemini Exchange!

r/CryptoCurrencySee Post

Binance.US holding my account hostage until I “consent” to them sharing my biometric data.

r/CryptoCurrencySee Post

Is the Soonaverse Marketplace on IOTA all it makes out to be?

r/BitcoinSee Post

inactive exchange wallets can be confiscated according to TOS

r/CryptoCurrencySee Post

Has anyone else using CoinTracker found an easy way to import/record their Moon distributions?

r/CryptoCurrencySee Post

Coinfield scam - Coinfield.com is on an Exit Scam !!!

r/CryptoCurrencySee Post

In what ways could a Macbook Pro be useful to crypto?

r/CryptoCurrencySee Post

A decentralized Twitter, FB or Reddit won't be a far west without moderation.

r/CryptoCurrencySee Post

PSA to Coinbase Users accepting the new TOS

r/CryptoCurrencySee Post

r/Cryptocurrency mod profits 10k by selling community points, in violation of Reddit TOS. A cover up ensues

r/CryptoCurrencySee Post

Advice for BTC buying/sending (poker)?

r/CryptoCurrencySee Post

How crypto gives me hope

r/CryptoCurrencySee Post

Article saying Crypto is a ponzi scheme

r/CryptoCurrencySee Post

Moons in a nutshell - Present overview

r/CryptoCurrencySee Post

How the Moon have faired - an overview

r/CryptoCurrencySee Post

Apparently Reddit Community Points Moon's/Bricks were Trending on r/ethereum

r/CryptoCurrencySee Post

To any loopring speculators who were interested in the privacy and DeFi sides spoken of, read their privacy policy and TOS

r/CryptoMarketsSee Post

As an ETH staker, you're getting whatever the current percentage rate is for actively staking ETH on Coinbase; which has recently dropped from 5% to 4.5%. You only get charged a fee for any profits above the 4.5%. There are NO additional fees! READ TOS!!! GLTA!!!

r/CryptoCurrencySee Post

Afraid of getting banned from exchanges? These are all the possible "secret" reasons for account termination

Mentions

Yeah you'll have to do what they want and jump as high as they tell you. Read the TOS. Didn't specify country so I can only assume US since the rest of the world basically doesn't exist for them. Gemini, Kraken, Binance.us. None of them are perfect; all can freeze your funds for real or made up reasons.

Mentions:#TOS

I'm not missing the spirit of anything here. The org I work at also has a bug bounty which my group has to frequently address. Dumping the db and grabbing everything is always always always out of bounds, and our TOS with regards to the BB program specifically says as much. Either way, no what he did is not with in the spirit of things, and thats why he was arrested.

Mentions:#TOS#BB

>If you think there's an 80% run the correct option is to sell all your crypto How, exactly are you going to do that when the exchange has stopped withdrawals and transfers to protect their operation per their TOS? If your answer is to take it out before that happens, that time is *right fucking now.*

Mentions:#TOS

The issue is, as always, why would companies do that? Why would they let you buy a $10 skin, decide a year later you don't want it anymore, and then sell it for $5 to someone else? Why not just sell you the $10 skin, force you to keep it, and then a year later discount it to a $5 skin and sell it to the guy who would have bought it off you instead? There's no financial benefit to doing things this way, and it adds development costs. Valve allows selling items in their games because they control the marketplace. Nobody actually profits (according to TOS) since all the money stays inside their closed system. You already paid them the moment you put funds into your steam account, what you do with it after that isn't important. But that kind of system isn't what people are asking for.

Mentions:#TOS

I feel like It’s not even worth trying to sell your moons wuth the current Reddit TOS. If you have like 30k+ moons then maybe it makes sense to consider, but for the most part It’s not even worth the potential repercussions

Mentions:#TOS

TOS is not a law

Mentions:#TOS

Selling Moons is a breach of Reddit’s TOS. I don’t sell until that is changed.

Mentions:#TOS

tldr; An NFT project is trying to sell free email addresses they got from at.market as NFTs. The TOS explicitly bans such transfers of ownership. The project ran a giveaway on Twitter for the email address luna@byebit.ch, which is an email address they registered for free on at. market. The giveaway participants can register email addresses for free *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Mentions:#TOS#DYOR

Bro you are representing yourself… against a crypto firm… for $5000…. When they have a disclaimer on their TOS….

Mentions:#TOS

Can they actually be sued? Their TOS said clearly that users were giving them an "unsecured" loan

Mentions:#TOS

Technically, they have no value at all. According to the Reddit TOS for moons you can't buy/sell them.

Mentions:#TOS

yes, but why would you use their wallet bridge app and not just setup your own wallet and handle everything yourself, they require KYC for amounts above CHF 1k per day, 15k per month or 100k per year btw as per their TOS.

Mentions:#TOS

If they want, they don't need to return any money to their investors. It's basically in their TOS.

Mentions:#TOS

Their wallet TOS are very clear, they can freeze your account for pretty much any reason. https://nexo.io/wallet-terms

Mentions:#TOS

Isn't all of Celcius' behavior spelled out in their TOS? If so, why is everyone so upset, you signed up for it. What am I missing?

Mentions:#TOS

😂 really ? Do courts even recognize SOL as being worth something ? I seriously doubt there's a single lawsuit over this, you likely agreed there this when signing the TOS

Mentions:#SOL#TOS

Very bold to assume that a publicly traded company thats lost 80% of its value this year and is cutting its work force is a good place to keep your coins when there are safe and obvious alternatives. Particularly when the ceo has already reminded everyone of their TOS with regards to your coins if/when they go under. Imagine if chase ceo told everyone they wont give you your money if they fail and their business was already crumbling.

Mentions:#TOS

Aren’t these kind of TOS illegal in most of the developed world though?

Mentions:#TOS

Most games you can’t trade assets for cash if you can trade it’s against the TOS and the methods to sell are usually a gray market at best with a lot of scamming. Spent 1k on Overwatch loot boxes well then there’s no real way for you to get a portion of that back when done with the game.

Mentions:#TOS

It’s not your money if you gave it to them and signed the TOS.

Mentions:#TOS

I actively day trade options and yesterday I think was the first time that I had a visceral "Fuck I wish this were a block chain" moment. Yesterday around 10am est, nasdaq and spy options generally went crossed for about 15 minutes. Bid asks flipped, unable to close positions, etc. I call TOS, they tell me its on CBOE. I call CBOE. They scream at me for not being a member and having the audacity to waste their time. They say this crossed market is due to a glitch, but have no intent on explaining any further. I have huge doubts that this wasn't related to the exchange being improperly delta hedged after our huge gap down last Friday. But you know what? Its a black box and their is virtually no way to see the transactions of the exchange as a retail investor. I wish the CBOE operated on a block chain so there was a level of transparency about the flow of the market such that I had answers on why I was unable to close a position until it had fallen 76% despite having had price action that theoretically would have generated at least 40% profits.

Mentions:#TOS

You can’t resell them, that’s from their TOS. You’re wrong. Every other marketplace is having liquidity issues due to the crypto crash. Considering they have the “sell” functionality, that makes them superior by default. GME’s is shit. “It’s in beta stage” will be the fall back excuse for when they never include anything else. If a NFT jpeg costs $1,000 then a video will cost substantially more. It’s hundreds of times cheaper to just download the movie on Amazon Prime. Adding movies, videos etc requires licensing which GME doesn’t have and - more importantly - can’t afford. They will **never** be included. The payoff isn’t there. It costs too much to prove you own things nobody cares about. They faded out, you can tell by the steep decline in OpenSEA’s revenue.

Mentions:#TOS#GME

Yeap, full KYC, in a country where the law allows to purchase crypto, no naughty list. Account closed. The only reason given is that I violated the TOS. What section or paragraph is not saying. Just something along the lines: "we closed your account because you violated TOS". There is not even a link to the TOS. Funny thing is that 2 minutes after I received the mail about closing my account I received 2 mails from coinbase stating that my photo ID was verified qnd I can now use Coinbase. About being more difficult to buy crypto and transfer it to my wallet I specified the reason: exchanges make more difficult to transfer to and from the exchange, most withdrawal options are not available anymore. 3 months ago, using coinbase in 5 minutes, while I smoked a cigarette, I was able to transfer the money from my account to the exchange, buy crypto and transfer it securely to my wallet. Now I need to use SEPA, that is taking half a day or more, whitelist the address, than can take a few day, if the withdraw is even possible.

Mentions:#TOS

I have the same thkughts as you and moved all my crypto off like 4 different exchanges. Coinbase told everyone what might happen. I took it as a warning and protection for themselves for when it does. For example they fail and keep the money and people try and sue and they say its in our TOS and we even publicly warned you.

Mentions:#TOS

This ain’t news, it’s paid FUD from a competitor. Coin base is fine and every exchange has that line in the TOS. Get a clue.

Mentions:#FUD#TOS

I feel if a lot of these shitty scammy hubs where cut down right at the start, maybe things would be so bad. But crypto hate of banks has blindly lead them to create a bank….just not called a bank yet does what a bank does, without any of the protections. Yea out TOS says if we feel like it we can keep hold of your 200k of btc…..we are a community right. Crypto if it comes through this will need to change. Everyone loves a scam ponzi when times are good, alot could see these crazy numbers that just made no sense, but hey we all can’t be wrong right? Now when things blow up we have calls for investigation and police action. Maybe we as a community should if the is a next time call out these scams, no it’s not fud it’s looking at the facts

Mentions:#TOS

If they didn’t give rewards they’d be violating their end of the TOS and would give people an out. They’ve committed to the follow the TOS (as they should). They’re doing nothing more than honoring their end of the agreement per that contract. Nothing more.

Mentions:#TOS

Exactly. These companies laid out exactly how they were going to fuck you over in their TOS. "If this shit goes tits up, your coins become our coins and your money becomes our money. This is the price of our unsustainable returns."

Mentions:#TOS

Exactly what he said, you getting fucked by not understanding the concept of risk/reward don't mean it's a scam. Read the fking TOS, you don't own anything, you lend them and if they go bankrupt they can't pay you. It's not a scam as the goal of Celsius wasn't to steal from you, but profit from the liquidity you provided, except it went wrong and they are in the shit. They gotta repay other people and trust me you are last in line. Good luck and please understand that money invested is lost money.

Mentions:#TOS

Celsius is probably NOT a scam. They were caught by a few things: 1) Leak of their losing positions (not good ones with hindsight) which caused a real "run" on their platform. Maybe impossible to hide given public nature of block chain technology. 2) Once the "run" started, not enough liquidity to meet all redemptions. How much is up to debate, but obviously more than they had. 3) Bad trading/investing/asset vs liability decisions: see LUNA,UST exposure and stETH position None of this is really a "scam", just bad luck and bad decision making. If one looks at their Celsius position as an investment in a hedge fund, none of this is a big deal. Position went down in value so the NAV also went down in value. Indeed, history is littered with "hedge funds" which blew up. See Melvin Capital and Tiger Global for recent examples (Tiger still around but down well over 50%). The mistake by Celsius and their customers is treating the relationship as a bank and depositor. Anyone who read their TOS knew that this was not the case and you were nothing but an unsecured creditor who was receiving interest on their investment. All Cefi firms are the same. This makes them MUCH WORSE than even hedge funds as with a hedge fund one is generally a limited partner in a partnership, thus giving you a legal right to your pro-rata share of the assets in the partnership. This is NOT the case with Cefi. Time will tell if there was any real malfeasance (my guess is probably some "questionable" acts by management) but at first glance there is no scam here. Just bad luck and bad investing.

They really be using the TOS to say you won't get shit when shit's bad huh

Mentions:#TOS

> What you are saying is, if you are bankrupted, your friend”s car will be confiscated because he parked inside your garage overnight 2 months ago. This is not at all similar. What Celsius is doing, and what they say explicitly in their TOS (which allows them to use your coins to make them solvent, FYI), is that they use your coins to generate additional returns - hence the absolutely bonkers ROI. It's more like if you loan your car to a commercial garage, and the garage says that they'll use your car every month to generate up to 20% of the car's value. But if the commercial garage goes under, it is allowed to use your car as collatrel for its loans. Also, since you are now a creditor of said commercial garage, if the garage goes bankrupt, you aren't allowed to privilege yourself to a greater extent than other creditors. This is finance, it isn't friendly people play time. If you have, or have recently had money in Celsius, you are a creditor to Celsius. Companies are presumed to be insolvent for three months beforehand (they can, if they want, provide evidence to the contrary, but most companies don't). Courts are allowed to "unwind" transactions during the insolvency period, as that money is rightfully, according to the law, owed to creditors in order. Usually secured creditors, actual investors, etc, get paid first. Then unsecured creditors (i.e. people who put money into Celsius) next. This isn't "parking your car in a friend's garage", this is fucking finance and bankruptcy law dude. This isn't a game.

Mentions:#TOS#ROI

which other companies have similar things in TOS?

Mentions:#TOS

I couldn't care less for the TOS. You can't include a scam in your TOS and get away with it. Stop victim blaming.

Mentions:#TOS

It’s in Celsius TOS. Those users agreed to this when they signed up. The fact that the majority of them likely didn’t read the TOS is not on Celsius. I’m not saying what they’re doing is ok. But they knew it was a possibility and they made it clear in their TOS that they could do this. So, anyone caught off guard didn’t do very good due diligence.

Mentions:#TOS

It hasn’t ever been the subject of a bank run before. In the past - people weren’t actually redeeming USDT but just trading it out for other digital assets - thus leaving the USDT in circulation. Tether has never in its life had people trying to redeem tethers for for dollars at this scale. This is the first time that has happened in any meaningful scale. They don’t have 70 billion dollars in cash on hand to continue redeeming tethers. Soon - they will activate the clause in their TOS that says they don’t have to redeem 1for1.

Mentions:#USDT#TOS

The people should have read the TOS, and realized the power they were giving Celsius.

Mentions:#TOS

God damn, the fact so many people don’t understand this is amazing. Sure, the ticket I buy to watch the Dodgers says I waive all liability. If Bellinger decides to beat me half to death with his bat, 100% the shit on that ticket is null and void to a competent legal team. TOS and waivers are legal binding, but in no way absolve a company or entity from obligations if they too unnecessary or reckless risks.

Mentions:#TOS

gone. read the TOS

Mentions:#TOS

It is quite literally a ponzi scheme. It works in bull markets with the lowest interest rates we've ever seen but now that crypto is in free fall and interest is going up in .5% to .75% increments you see how well it does. They take your crypto and tell you that they can return 5% or more and take a loan out backed with your money to pay you back with. You do this for a while and think this is amazing so you put more in and maybe tell some friends and they put money in. It grows until they have this large amount of crypto they're holding and taking bigger loans out from the new money hoping the good times keep rolling. This only works as long as new money keeps coming in. Well now that crypto is worth less than half of its peak and interest rates are going on a 400% increase from its bottom the margin calls have happened. Nobody can withdraw but the deposit button is still fine because he needs more money to try and keep it all from collapsing. It's done. Crypto has no safety nets, they are not guaranteed by the government like a bank collpasing. The exchanges are not fiduciaries. Celsius' own TOS says they can take your money to pay their debts. There are no free lunches and you do not get those kinds of returns in the real world without someone cooking their books or literally be the best trader the world has ever seen. Greed is a powerful tool they use against you.

Mentions:#TOS

Nah nobody gives a shit about TOS not in crypto not with facebook, not with any of it.

Mentions:#TOS

why? you signed the TOS without reading it

Mentions:#TOS

Yeah agreed, I saw a bunch of people on twitter already posting their liquidations. Those fuckers probably got it covered in their TOS somehow so not sure if it's criminal. But yeah funneling more money into a defacto bankrupt company also sounds like a bad idea

Mentions:#TOS

they did, you didnt read TOS you signed.

Mentions:#TOS

Withdrew all my ETH off of the Voyager app. I was collecting nice monthly interest while holding it there, but TOS to risky in this market. **Summary:** (1) Voyager will use Customer’s Cryptocurrency to engage in staking and lending activities. Loans made by Voyager may not be secured. Customer has exposure to both Voyager’s and each Borrower’s credit risk. In the event of a Borrower default, Voyager does not have an obligation or the ability to return affected Cryptocurrency back to Customer’s Account.

Mentions:#ETH#TOS

Oh God this post again. “Don’t involve your family or friends in Crypto”. Think about this— asking a family friend if they like casinos, if they want to go with you is no different. The “Sir, this is a casino” joke can’t be more true. I told a sister in law, I’m going to do this crypto thing and see where it goes… you coming? She said count me in. I told her, you do realize we could lose what we put in! She’s like I know… Here we are today, she’s in for 1-2 year plan and doesn’t look at the charts, and here I am panicking all the way down -80% my investment. But then, I remember how it all started—I like casinos! Anyways, my point is that you should absolutely tell your friends and family about crypto. You should also tell them the truth, there is a lot of money to be lost, a lot of scams, a lot of dumb “I used the wrong network or lost keys” bs. Tell them about Mt Gox (what ever it’s called”. Don’t forget to tell them about Terra, and very soon Celsius. And for sure tell how exchanges have the right to change their rewards system and keep your coins by activating “special clauses in the TOS” documents we agreed to! So stop these dumb as posts and turn it around to something more interesting!

Mentions:#TOS

Because in their TOS you agree to give them possession of your coins and agree that they are not obligated to return them or pay back the corresponding value with any other coin or cash.

Mentions:#TOS

Possibly a lot screwed... Changing the rules of the game by adding new TOS & "pausing" withdrawals was NEVER a good sign. Also, rumors are they're shorting using YOUR(customers) funds right as we speak -- they've transferred millions worth of assets to FTX.

Mentions:#TOS#FTX

Not a customer. I read the TOS. I don't have any links. You're talking to someone else. Just don't think your arguments are convincing.

Mentions:#TOS

That you own a % of the token that link to that URL, you don't actually own the URL. Consider this. Any song you bought on iTunes, game you bought on steam, DLC from the Xbox store, movie ticket, concert ticket ,etc. All of these things are assets that you bought, but you don't own any of them. You merely have bought the right to listen to song, watch X movie 1 time, go to concert 1 time, play dlc with X game,etc. At any point in time after your purchase the band, the theater, the game company,Apple,etc. Can cancel and rescind your right to said product, and they may not even give you any money back. You agreed to that in their TOS. Sure, we trust these companies because they are well established, but a switch and be flipped and your rights stripped at any point, make no mistake. The companies own the lock and key, and give you a copy, but they can change the lock at any time. When you mint an NFT, you create the lock and X amount of keys. The lock is shared peer to peer by everyone on the network, cannot be changed, and can only be accessed by those who own a key in their digital wallet. That's the value in it. You digitally own that asset, not someone else or another company. Again, whether it's important or necessary depends person to person and what the future brings.

Mentions:#DLC#TOS

They used to, but it violated apple's TOS.

Mentions:#TOS

its probably in their TOS too but who reads those..

Mentions:#TOS

HODLers beware: Bitstamp (Europe's oldest exchange) has changed their TOS and introduced an **inactivity fee**: If you don't use your Bitstamp account for any trade (or staking) for one year and have less than 200€ worth of crypto in your account they will either charge you a 10€ inactivity fee *every month* or close your account. They really must hate their customers.

Mentions:#TOS

Most traditional exchanges in stock markets too have to do additional disclosures about financial risk when dealing with derivative products (options & futures). That's why they make you sign that shit again specifically (Click accept when you start a trade) because there are rules Instituted the consumer protection agencies around financial fine-print. Terms of Service (TOS) are initial contract agreement between a service provider & an end-user (which might be subject to change - But disclosures need to be appropriate & all marketing material+ official communication has to fall in line with the company policies when it comes to disclosures & requesting consumer agreement. Do you know why the exchanges are sometimes able to hold your crypto hostage in an exchange without any reason (even when there is no AML/KYC discrepancy)? Because they try to scope that shit into your TOS agreement, without justification. If Binance or any crypto promoter, say Raoul Pal (is pushing the narrative of risk free return on stablecoin, then that qualifies as misleading marketing), despite how much they try to cover their legal bases with creating financial entities & complicated tax structures, civil penalties can still be levied on them. They didn't flee out of the regulation net of traditional financial markets out of just benevolence.

Mentions:#TOS

Except, stablecoin representations in fine print matter...because they are portrayed differently. Jesus, ever read the terms and agreement sheet from the exchanges or DEX's you buy from ? Binance had actually updated their TOS wording in stealth.

Mentions:#DEX#TOS

Friendly reminder, what with the changes to CB TOS, don't keep your assets on a CEX unless actively trading or staking there. With current news surrounding CB, it might be wise to avoid trading large volume or staking there for a while, since if they go bankrupt for some reason, any assets are forfeit.

Mentions:#CB#TOS#CEX

>All that leaves you with is "enough mining pools wouldn't agree to do it for long enough for it be anything more than a minor inconvenience", which is speculative at best, given these technologies aren't remotely used enough for real commerce for them to have attracted major regulatory attention that would force these large mining pools into regulatory compliance. And I bet that mining pool who censored that transaction didn't slow that tx down by 1 second... There are 10s of thousands of nodes on Bitcoin and Ethereum, spread out globally. You can't get 10 people in the same room together to agree on something so I don't know how you think thousands of people who hate each other are going to agree to not take your money.. Your problem with crypto is that it boils down to game theory but that's how you need to build things for humans to use, humans are predictable in that sense. >>Citation on a permissionless market getting fined please. > >https://www.dw.com/en/apple-fined-11-billion-in-france-for-price-fixing/a-52795076 Apple is not a permissionless market... >As far as I'm aware there's 0 permissions you need to set up a software/hardware company that you don't also need to set up a bitcoin mining company. You need to have a computer and an energy source to mine crypto to use its blockspace. You need to agree to TOS and laws (local, federal, and global/EU) to use an app stores space, and anyone can remove you by asking. They're not the same thing. >They control the hashpower, which means they decide what transactions get included in a block or not. They're likely already soft front-running their own trades, since some mining pools also own major exchanges, it would be impossible to detect unless miners only ever accepted transactions in order of fees, which obviously they don't. This isn't how crypto mining works. No one *controls* the hash power, or else it's centralized then yes everything you say applies. That doesn't apply to BTC or ETH however which are the two largest/relevant POW cryptocurrencies. >If you're heading to "nodes control bitcoin, not miners", I'd ask you to explain how you think nodes could stop a 50%+ hashpower cartel from controlling Bitcoin indefinitely without changing the consensus rules to invalidate PoW. And if you think they can do that without destroying Bitcoin I'd ask why they don't already do that and avoid wasting so many resources on PoW. Such a cartel couldn't form without extremely weak security. If your pool is attacking BTC you can just move to another pool, there's no benefit in staying in the *largest* one only to destroy your networth. >They wouldn't, why would you assume the only way they could collude would devalue their product, and not in a way that increases their profits? "And if you think they can do that without destroying Bitcoin I'd ask why they don't already do that and avoid wasting so many resources on PoW." Pick a lane lol. The very moment Bitcoin is altered that way it will become worthless. Then it's no different from a centralized database. >Did BitMain devalue when they got caught backdooring their ASICs? Have all the exchanges we know wash trade, back run and front run been devalued? Did Tether devalue when it was proven they'd lied for years about their reserves? Non quantifyable. Besides if you could have forked BitMain into a 1:1 clone without their BS they would have been devalued a lot more than with no alternative. Bitcoin can't be forked 1:1 so it has value today. >We aren't dealing with remotely perfect competition or rational actors here. Corruption is rampant in crypto and almost no one cares because of a delusion belief in perfect competition in all markets at all times. There's 0 reason to assume price fixing, collusion and other anti-competitive behaviors wouldn't be just as profitable in this market as they are in others, especially when there's no regulations against it. We know exchanges are wash trading to the hilt which is a major form of anti-competitive price manipulation, we know some of these companies also run mining pools. Markets are corrupt, crypto even moreso because people can't tell the difference between BTC or Luna or ETH and Binance. I don't think no one cares, most people I see are advocating for education and the people burned are advocating for regulation. Crypto isn't supposed to fix inequality or fix corruption, it's supposed to help take *some* of the trust assumptions away from digital life, and it does.

Mentions:#TOS#BTC#ETH

I feel bad for some of the moon whales. I wish I had sold the last few I got but I’d been lazy since it was only like $5. I know one guy had like 200k or some shit. Imagine! The reddit TOS did say they could take them any time and I guess they did. Lucky for you all I’ll troll buttcoiners for free.

Mentions:#TOS

"It's amazing to me that people can look at a company already in the gaming industry who is getting into *blockchain, decentralization, and Ethereum Layer 2* and not be at least a little bit bullish and supportive." Consumer sentiment around Crypto and especially NFTs is extremely negative. The vast majority of gamers (besides those already invested /involved in Crypto) are suspicious of or down right hostile to any attempt to integrate Blockchain tech into games. Perhaps GME will herald in some paradigm shifting functionality but all I see in their initial marketplace offering based on everything we know is similar to Opensea and some P2E games like Gods Unchained from IMX. A huge hypothetical is a new gger player getting behind GME and pushing NFTs in their games - say for arguments sake it was Activision. Any sort of AAA game with NFT integration would be X years away. Leaving aside the fact gamers literally don't want this in games. The platform owners (MS, Sony, Nintendo) won't want to cut a middleman (GME) into any reselling market if it ever materialised. However l, if you chrck the TOS on any digital gane you literally don't own it. You're renting a copy of it and it can be revoked at any time.

But they didn't. It was in the TOS

Mentions:#TOS

The reason we don't want blockchain gaming is because it's a bad idea. NFT maxis love to talk about "ownership" without understanding what that means. What ownership really means is your ability to control something, to do what you want with it. I own this water bottle totally - I can drink from it, crush it with a car, do anything I want. I own my reddit account less - I can make posts and comments, upvote and downvote people, but I can't edit my posts after 6 months and I might have it taken away if I break the Reddit TOS. "Owning" an NFT only lets you control what's on-chain, which isn't the game asset itself. It's just a much worse version of an account, validating to the game servers that you have control of it, but they can change or remove that control whenever they feel like it, and if the game dies and the servers shut down you don't even have a picture left - nothing but a token ID that means nothing and does nothing.

Mentions:#TOS

What TOS did you beach?

Mentions:#TOS

I feel your pain…. I still have Coinbase but banned from cashapp, TOS violation… and they don’t give you any warnings so it’s pretty cut throat. I’ve asked them it was a mistake on my part and it will never happen again but they don’t care. Anyways, I would suggest using cashapp and then just can have blockchain address - non custodial. That’s your best bet imo to buy and store / transfer crypto. (Free that is).

Mentions:#TOS

against TOS

Mentions:#TOS

>The developers' roadmap on their website also quietly states that NFTs will be in the game by Q4 2022, though what form these will take is not yet clear. It has many details on exactly how players will be able to faff about exchanging in-game currency for tokens for Netmarble's specific cryptocurrency for other cryptos and so on and so forth, which I will not be attempting to summarise here because I have but one life on this green earth. Basically, this is legalizing a market for real-world trades (that is rampant on MMORPG games, especially grinding heavy games) with the company behind it taking profits. If extremely rare and endgame weapons that are pretty much 1 in a million chance to craft can be sold for a couple thousands of dollars and the company takes about a share from the sales while the seller gets some of the cash for their troubles, they are effectively making money out of nothing. Also, *somewhat* a ""good" thing for the players because they are effectively put on the position that they are not breaking the TOS for selling items in real-world cash (or... at least being paid in something that allegedly can be traded for real-world cash or the premium tokens for the game). I still have a lot in mind about possible shortcomings on the NFT approach (and this is outside the almost universally poor reception for anything involving the N-word in cryptocurrency). Probably going to read up on how blockchain transactions for these crafted items work. My two cents.

Mentions:#TOS

I'm just collecting them for fun. Never thought about selling them. They don't have a monetary value, per the TOS.

Mentions:#TOS

I literally can't give compensated financial advice on here (moons are TOS'ed to not be sold). So, yeah? I'm not advising anyone to buy any particular security or sell any particular one. So there's that. And on top of that, general advice around false rallies doesn't hit any of the US statutes around it that I can see. So, yeah. Not financial advice. Because it's literally not.

Mentions:#TOS

No, since according to their TOS you can't buy or sell them. Also, if it's less than $300 from a single source I don't think you need to report it.

Mentions:#TOS

Technically moons aren't supposed to be traded. It's actually against their TOS to buy/sell them.

Mentions:#TOS

Read the TOS of any crypto exchange until the end and you'll come out weak kneed at best. There is no protection, everything is in their favor. Best to just keep it off the exchange and hope for the best.

Mentions:#TOS

Really? If all the speculation is true, then why are the mods selling so much of them every month? And isn't listing moons against Reddit's TOS?

Mentions:#TOS

No - 1) You are being intellectually disingenuous about management's word and what an attestation means. 2) You are ignoring the terms and conditions of Tether tokens themselves - Tether reserves the right to not redeem them as real money in case of liquidity issues [Tether TOS](https://twitter.com/Nash076/status/1524758476710424577?t=W50FeMYwP5brMn9dOakF3A&s=19)

Mentions:#TOS

As a licensed attorney in the states of Kansas and Missouri - no, it is not. You cannot create new terms/rules in exchange to withdraw your previous investment. It’s pretty clear when they founded this company that they didn’t have a firm on retainer or anyone worth their salt actually read through or write their TOS and informed their client of how to stay within the lines regarding their practices - as many of this subreddit is aware of the USDC & alternative UST distinction (entirety of holdings in UST, not UST as an alternative holding alongside USDC). This move, from a legal perspective, is their last ditch effort to not get a larger class action suit against them. In reality, there will absolutely be jail time for fraud and embezzlement (acting as a trust is in fact a trust in the United States) for anyone in the know from this company.

Mentions:#TOS#USDC#UST
r/BitcoinSee Comment

Binance is a bit of a trap. Be careful and read the TOS thoroughly before transfering funds. When it comes to money, you yourself are your only friend. Everyone else is an opportunist. If you can't store your BTC yourself, you must trust a middleman to hold it for you. Not only does Binance charge extortionate fees for transferring out, they have multiple security holes that can leave your vulnerable to hackers. There is no customer service at Binance and no recourse for you as a customer if Binance algorithms detect any unusual activity. When anything "unusual" is detected on the account, it is immediately locked. It will be up to you to prove to the Binance AI that you are who you say you are and also to provide proof of income, citizenship etc before regaining access to the funds in your account. As bad as this sounds, it still ignores the reality that if Binance were to go under they would almost certainly take the assets of their customers with them into financial oblivion. Tread at your own risk on Binance (or any CEX). With the high exit fees and low security and non existent customer service there really is no logical reason to use the service at all.

Mentions:#TOS#BTC#CEX

It's gonna be a multichain future.. Not just one dominant force. Each will shine for what its supposed to provide and do. Wouldn't create scarcity as people could always just buy the license itself which would be a new mint. No different than there's second hand games in gameshops and new in box games. Well one difference, devs and publishers could get a cut on each resale. It would also just be very consumer friendly to be able to move licenses off your centralized accounts. What's dystopian is not being able to resell or lend out your purchases. lol I bought the licenses, they shouldn't be tied to just that account. There ain't even a discount involved, plus often times you'll just receive a key in a box these days. That's something which it could resolve. Same with any type of digital purchases. Ebooks, music, games, apps, you name it.. Why anyone wouldnt want such consumer friendly practices is beyond me. Made a pretty penny on selling a mint NES with in box games with the posters and everything. What about my +500 digital xbox games? lol Reselling account is against TOS.

Mentions:#TOS

Interestingly, I actually qualify under the current [Binance.US](https://Binance.US) TOS they sent me a copy of on Friday. As you and others have said the agreement probably changed since I passed KYC, but not functionally from my perspective as far as I can tell. The "security" team I've been working with has been surprisingly tone deaf. Kraken and ftx.us are useful advice, I appreciate it. Reliable exchanges with good US support are helpful, and I haven't tried either of these yet.

Mentions:#TOS

Yeah it's a scam the way all fractional banking is a scam. Whether they fail to redeem because they don't have the reserves or because it's in their TOS, won't matter. People will be equally pissed and panicked either way.

Mentions:#TOS

> The problem is not that they can't keep printing unbacked IOUs. They can do that as long as they want. The problem is that they can't print USD to redeem them with, so if everybody tries to redeem their IOUs at once, then their unbacked stablecoin is toast. Luckily for them their TOS explicitly says they are not obligated to redeem for real USD ever. (Or at least it did last time I checked a couple of years ago.)

Mentions:#TOS

It’s mostly that people didn’t realize their assets are NOT protected in crypto. They fail to realize crypto isn’t fdic insured, and may not even legally be required to be repaid if there’s enough money in bankruptcy court to pay it (I honestly don’t know where crypto would fall, but there is an order to who gets paid in chapter 7/13). The fact it went public wasn’t a surprise to many who understood and read through TOS on this stuff but the average investor probably doubt it shocking.

Mentions:#TOS

As TheRain2 said, it’s boilerplate TOS. It made news because Coinbase had made it public as it’s a publicly traded company. If you think the other exchanges are going to behave differently in bankruptcy, I think you haven’t read their legalize.

Mentions:#TOS

I saw the longer post today about that, and it really does read to me like it's just boilerplate legal language in the TOS. I'll probably just end up sticking with Coinbase, because even if it did go completely away I'm pretty small time and it would be a sad lesson, not a disaster.

Mentions:#TOS

Everybody is misinterpreting what they said. All they did was clarify their TOS to state that in the even they go bankrupt, you might not have access to your funds. It doesn’t mean bankruptcy is imminent. It’s better to move your funds to a wallet anyway but you have time to figure it out.

Mentions:#TOS

> Fees! I never claimed it was fee-less? And you don't have to change it back to fiat. > Part of an escrow agreement? So it doesn't exist, glad you just admitted it. Otherwise, provide me an example where the escrow company literally *cannot* take your funds even if they wanted to. > Did you sign a TOS? Do you own the copyright, IP, trademark? You own nothing. See LegalEagle: > https://youtu.be/C6aeL83z_9Y My god, you still don't understand what and NFT is. Not even going to bother responding further after this. > Learn to understand sarcasm. Or have you really learned nothing from all the crypto fuckups? I understood it, and ignored it - your sarcasm was just terrible because the smart contract has been performing flawlessly. > You really think it’s feasible to arrange oracles for all wagers, etc? Rather than just a trusted third party? Which is what this essentially is, just with more steps. And because of that fact you don’t need the blockchain at all. Sigh... you really have no idea of the scale of blockchains, do you? Blockchains could easily scale to all the Derbys, UFCs, etc. in the world if you wanted to, this is literally peanuts to the number of transactions and Oracle feeds today. Sure, you don't "need" it, but it's a better system because it removes trust from the system, that's literally what most of crypto is all about, if you haven't noticed. > Storage isn’t an issue? Keeping all transactions ever is a forever append only ledger is a good idea? It’s not even remotely close to the actual volume if this system was used for most things. But please go ahead and run your own node and see how that goes for you. And... you know there is something called pruning right? Where past ledger state can be compressed? By the way, I am running an ethereum node, my storage still hasn't blown up yet. It's clear you only have a surface level understanding of crypto (which I applaud you for) but it really would benefit you to really dig in on several of these topics before making these claims. Honestly, let's not waste more time debating here, have a good day.

Mentions:#TOS
r/BitcoinSee Comment

And as the recent Coinbase TOS shows, it's really not your money any more as soon as you send it to an exchange.

Mentions:#TOS

“An exchange? Peer to peer? Why is this a question? Any time you convert to fiat you need someone with fiat to trade with.” Fees! “Oh? Tell me, what exists today where an escrow that votes 3 out of 5 to release it to the target recipient, and cannot touch the funds otherwise (including stealing it) guaranteed? It doesn't exist.” Part of an escrow agreement? “Zzzz.... this is betting boring. You literally don't understand NFTs. You don't "own" an URL, you own the digital asset. Please do some reading on what NFTs actually are.” Did you sign a TOS? Do you own the copyright, IP, trademark? You own nothing. See LegalEagle: https://youtu.be/C6aeL83z_9Y “Exactly, that's why the smart contract is so powerful.” Learn to understand sarcasm. Or have you really learned nothing from all the crypto fuckups? “What are you talking about??? It is not complicated at all - maybe for you. But guess what, decentralization is harder than a centralized entity just noting something in their database. And you have no idea about the scalability of such a system - did you literally ignore when I said that Orcales already provide feeds for billions of dollars of assets? Oracles can literally look at any feed. It can handle a few million in bets. The "storage" used by bets is literally a drop in the ocean to the millions of transactions done so far, and millions more that will be done. By the way, there is a way to deal with storage bloat - as if those designing blockchains weren't aware of such a problem.” You really think it’s feasible to arrange oracles for all wagers, etc? Rather than just a trusted third party? Which is what this essentially is, just with more steps. And because of that fact you don’t need the blockchain at all. Storage isn’t an issue? Keeping all transactions ever is a forever append only ledger is a good idea? It’s not even remotely close to the actual volume if this system was used for most things. But please go ahead and run your own node and see how that goes for you.

Mentions:#TOS

Pretty sure all exchanges would be protected in their TOS…”investing in crypto carries significant risks etc, we can not be held liable if “ etc etc But I’d be happy to see it come to light !

Mentions:#TOS

Does it say anywhere in the TOS that they will actually recover your funds if sent incorrectly? If it does, then you may be correct, but if it doesn’t, it’s a fee outside of their normal terms.

Mentions:#TOS

What hole in the market? What incentive does other devs have in adding another games NFT into their own? Also I'm saying that Valve would ban accounts that for example would cheat, steal or otherwise go against their TOS. Not randomly take away their access for laughs. Just like they do now.

Mentions:#TOS

America has a problem with accountability, transparency, oversight and lying to people as if it will never catch up to us. Our leaders have these traits and use them to accrue great wealth and power for the empire. We complain when the powers that be allow corporations to harvest our time and money using these exact same tactics. There is no accountability nor real regulation oversight or consequnece for dubious actions that hurt consumers. It is our fault for signing the one sided contract with America which protects elites while using the masses for whatever "project" our dear leaders deem worthy. It is our fault for signing the TOS at any exploitative corporate entity. We know better but act as consumer zombies as if we have someone else to blame for our choice to sign. Crypto dot com and this current iteration of the American scam/bubble is the same as the rest and will likely go through similar cycles of boom and bust. The lies just keep the scammed from seeking retaliation on the ones in the guilded cages.

Mentions:#TOS
r/BitcoinSee Comment

You have no BTC on Celsius. It's theirs right now. If you want it you'll have to beg and hope they give it back. Read the TOS.

Mentions:#BTC#TOS

“bUt yOu siGnEd tHe TOS. tHaT mEaNs yOu aGrEeD tO tHiS” - Jackass CDC apologists this past weekend Yeah, people signed it. And now they’re rightfully irked about the draconian measures. Were the rates they were offering too generous? Maybe. Maybe not. It’s not really the consumers fault they offered them. Seems like a financial company should have at least a couple of guys in a basement office with at least a fucking abacus that could’ve told them that. So either they offered the good rates and weren’t able to at least guesstimate how long they were sustainable, which makes them incompetent. Or they *knew* those rates were unsustainable and did it anyways, which makes them liars. Not a good look either way, and just saying “caveat emptor” only goes so far when you’re dealing with a company who’s obviously big enough to buy stadium naming rights and super bowl commercials, implying a level of legitimacy that moves them out of rugpull range.

Mentions:#TOS

Bitfinex is horrible. I actually just had this conversation with them 5 minutes ago. Me: Hi, I'm a US person that hasn't logged into the service for 5 years since you stopped allowing US persons, but I want to log into my old account and download my activity logs, there's no balance Bitfinex: According to your documents, you're a US person, and this is a violation of our TOS so your account is now locked.

Mentions:#TOS

You could get a vpn but be very careful, I’ve heard of people having accounts locked and all funds confiscated for violating TOS when they access from outside a permitted region. Maybe take your coins off before you fuck around if possible.

Mentions:#TOS

I'm waiting for someone more legally literate that I to find where they boned themselves in the TOS and start the class action. I'm all for it.

Mentions:#TOS

>as they can prove they haven't used customer assets But do we have any such proof? They pool together all of their customer's BTC according to their TOS. I'm starting to deduce a rat.

Mentions:#BTC#TOS
r/BitcoinSee Comment

Yeah, I've got those too - 3x 1oz .999 When I tried to sell 'em when the silver price was higher my online ads (i.e. Ebay) were pulled several times for supposedly violating their TOS even I clearly stated that it was silver and no real bitcoin... 😏 Envious users also snitched on me.

Mentions:#TOS

Yeah, well, the law is still above any TOS.

Mentions:#TOS

NAL but a law student. Absolutely no legal case here. TOS says they can change them at anytime, the TOS is a clickwrap agreement (which are enforceable), those that are staked keep the current rates until the stake expires, and losses in an investment are an inherent risk.

Mentions:#TOS

Honestly there is very little they can now do. Once trust with customers, the only thing that can re-build it is time with a proven record. CDC would need to re-write their TOS to allow changes to services which require staking of CRO to 1 year notice (this is something they can't do because the company clearly can't even manage its own finances from one day to the next). The above paragraph is extreme, but wouldn't have been necessary if the company had approached making changes in a tiered manner with adequate notice to holders of their plans. As of now I wouldn't trust any offer they make as it's liable to change at a moment's notice.

Mentions:#TOS#CRO

IMO I think they are writing this to moon farm. They completely overlook how CDC spent about $1B in advertising last year, how regulation honestly wouldn't protect against things like this, and how this isn't a slight cut in rewards but a 100% cut in rewards. ​ Like they keep mentioning unregulated as it means anything. Debit cards have regulations. And there is no real regulation protecting you if a bank did this. Like the reason why CDC isn't screwing those already staked because the TOS and how they could be sued if they did (hint about the regulations there). But any future client or current client with no prior agreement any bank or any place can do this. It's why companies all the time have a 2 or 3 tier system in dealing with grandfather in, old customers, and new new customers.

Mentions:#IMO#TOS