Legal Disclaimers
1 - General Disclaimer
The Docubit Token Sale White Paper and this website (collectively the "document") is provided for informational purposes only and does not constitute an offer or solicitation to sell securities, financial products or investments in any jurisdiction. By purchasing or using Docubit, you acknowledge and agree that:
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Docubit (DBIT) do not represent shares, equity, members rights or ownership rights in DocSafe LLC or any of its corporate affiliates.
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The value of DBIT may fluctuate with no guarantee of future value being made.
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Docubit (DBIT): A utility token for accessing services within the DocSafe Infinity ecosystem. DBIT is highly speculative and volatile - and shouldn’t be purchased for investment purposes.
2 - Regulatory Notices
United States (SEC, FinCEN, CFTC)
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DBIT are structured to avoid classification as securities by the SEC under the Howey test. All sales comply with FinCEN guidelines for convertible virtual currencies.
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DocSafe is not conducting a public sale of securities, and $DBIT should not be construed as an investment vehicle.•All token sales are compliant with FinCEN guidelines for digital assets as “convertible virtual currencies” (CVC).•Purchasers from the United States may be required to complete KYC and AML checks and certify non-investment intent to comply with Regulation D exemptions.
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Futures or derivatives of $DBIT are not authorized and may be restricted by CFTC regulations.
European Union (MiCA, GDPR)
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DBIT complies with MiCA (Markets in Crypto-Assets Regulation) guidelines as a utility token with clear consumptive use.
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DBIT are not e-money or security tokens, operating within EU directives.
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VaultX and ScanX product operations are designed to comply with GDPR, ensuring data protection, zero-knowledge option, user rights to deletion and minimal data collection.
United Kingdom (FCA)
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DocSafe is not offering DBIT as an investment product under the Financial Services and Markets Act 2000 (FSMA). The DBIT are considered unregulated tokens in the UK, intended purely for utility or promotional purposes.
Australia (ASIC, AUSTRAC)
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DBIT are structured to avoid classification as a financial product under the Corporations Act 2001.DocSafe will ensure compliance with ASIC guidance (INFO 225) on initial coin offerings and crypto-assets. AML/CTF obligations set by AUSTRAC will be met.
3 - Risk Acknowledgements
Purchasing DBIT involves substantial risks, including but not limited to:
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Regulatory risk: Future regulations may impact the use or trading of $DBIT.
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Market volatility: Tokens are subject to price swings and liquidity risks.
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Technical risks: Security breaches, bugs, or platform downtime could result in loss of tokens or service availability.
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No investment guarantee: DBIT is not an investment contract, and purchasers should not expect profits from the efforts of DocSafe or third parties.
Purchasers must conduct their own due diligence and comply with all applicable laws and regulations in their jurisdictions.
4 - No Financial or Legal Advice
Nothing in the Docubit Token Sale White Paper or this website constitutes financial, legal or tax advice. All purchasers should consult their legal, financial or tax advisors prior to participating in the Docubit token sale or purchasing DBIT.
5 - Forward-Looking Statements
Certain statements in the Docubit Token Sale White Paper or this website may be forward-looking, including references to future products (e.g., Diablo L1 blockchain), token demand, or ecosystem growth. Such statements are inherently uncertain and subject to change based on market, regulatory, and technical conditions.
6 - Jurisdictional Restrictions
Participation in the $DBIT token sale may be restricted in jurisdictions with prohibitive crypto laws, including, but not limited to, China, North Korea and countries subject to international sanctions. DocSafe reserves the right to refuse or cancel participation from any jurisdiction without cause.
