Post
Topic
Board Exchanges
Merits 3 from 2 users
Re: eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20
by
hugeblack
on 31/03/2025, 15:06:36 UTC
⭐ Merited by Pmalek (2) ,JayJuanGee (1)
Since it's primarily coming from U.S.-based agencies, we will update our ToS to inform our users in the U.S. not to use our service and warn them about the risks of being prosecuted in their country for using a service like ours. Since we have no logs or any IP-detecting capabilities, we won't be able to enforce this policy; thus, we can't be held responsible for any regulatory violations. We have already developed a legal framework to ensure that the responsibility for regulatory violations is applied to our customers and not to us, which will also be outlined in the ToS.
Is that enough?

I don't think so. Wouldn't it be better to only respond to legal requests from the courts? Or at least to transactions of more than 3 BTC. This way, you would protect more customers from legal repercussions.

Future Ideas:

Adding steps to educate users on how to enhance their privacy would also be helpful.
Start funding to create a decentralized version of eXch.