Risks & Disclosures
prēcinct's operates with the highest standards of legitimacy, supported by premier legal partnerships in the Cayman Islands and countries within which we lend. Cayman Islands provides a world leading governance framework to ensure safety and compliance for all parties.
1. Market and Asset Risks
Cryptocurrency and property markets are volatile; values can decline rapidly due to economic, regulatory, or global events, potentially affecting collateral and outcomes.
No guarantees of asset performance or protection against losses; market fluctuations are beyond our control.
2. User Responsibilities and Conduct Risks
You must self-assess your suitability for our services, including financial capacity and understanding of cross-border implications.
Providing inaccurate information or failing to comply with laws may result in denial of services, reporting obligations, or legal consequences.
Default scenarios involve enforcement measures to recover funds, which could impact your assets.
3. Governance and Operational Risks
As a Cayman Islands exempted company, we benefit from a robust, internationally recognized framework with strong legal support from leading firms like Appleby, ensuring high standards of governance and operational integrity.
Third-party dependencies (e.g., custodians) carry risks like operational failures or security breaches, though we select vetted providers with proven track records.
Changes in laws or regulations could affect service availability or terms.
4. Cross-Border and Regulatory Risks
Services may not be available or compliant in all jurisdictions; you are responsible for ensuring local legal and tax compliance.
Enforcement follows Cayman law, supported by our commitment to full compliance with applicable international standards.
5. Regulatory & Jurisdictional Disclosure
prēcinct Ltd and Genesis Fund SPC are Cayman exempted entities, operating under a framework designed for secure, cross-border financial services.
For foreign nationals only; we do not lend to citizens in the country they live.
No EU licenses; users ensure compliance (e.g., credit directives, exchange controls).
Bitcoin custody (BitGo) meets global standards; no rehypothecation.
Not banking; KYC/AML conducted. Access restricted where prohibited.
This is not exhaustive. By using our services, you acknowledge these risks and agree to consult independent advisors.