Terms of Usage

Key Risks — Please Read First

Blitz Wallet is self-custodial, non-custodial software. Before you use it, understand the following. These points are summarized here and explained in full in the sections below.

• Only you control your funds. Blitz Wallet cannot move, freeze, recover, or access your funds, and cannot restore a lost recovery phrase. If you lose your recovery phrase, your funds are gone permanently.
• Blitz is a "hot wallet." Your recovery phrase is stored on your device. If your device is lost, stolen, or infected with malware, your funds can be taken and Blitz cannot stop it (see Section 8).
• Your seed is briefly transmitted in-memory to a sandboxed component to run the wallet (see Section 12).
• On-chain data is permanent and public and cannot be deleted by anyone.
• The Spark network is in beta; stablecoins may lose their peg; swaps carry slippage and failure risk.
• Store purchases are non-refundable and third-party services are used entirely at your own risk.
• Blitz is not a bank, custodian, or exchange. It is software that lets you use public networks directly.

1. Introduction and Acceptance

These Terms of Use ("Terms") constitute a legally binding agreement between you ("you," "your," or "User") and Blitz Wallet Inc ("Blitz Wallet," "we," "us," or "our"), governing your access to and use of the Blitz Wallet application (the "App").

By installing, accessing, or using the App, you acknowledge that you have read, understood, and agree to be bound by these Terms. If you do not agree to these Terms, you must immediately discontinue use of the App and uninstall it from your device.

2. Definitions

For purposes of these Terms:

• "App" means the Blitz Wallet self-custodial Bitcoin and Lightning wallet application.
• "Brale" means Brale, Inc., the issuer of USDB. Brale's terms are available at https://brale.xyz/legal/terms.
• "Digital Assets" means Bitcoin, Spark tokens, Supported Stablecoins (USDB, USDC, USDT), and any other cryptocurrency or digital tokens supported by the App.
• "Flashnet" or "Flashnet Services" means the third-party functionality facilitated by Flashnets Markets, Inc. (a Republic of Panama corporation), which may be accessed through the App to provide swap, liquidity, and yield services. Flashnet's terms are available at https://www.flashnet.xyz/terms-of-service.
• "Savings Feature" means the functionality within the App that allows Users to hold USDB and earn yield through the Flashnet Protocol, facilitated by Flashnet.
• "Seed" or "Recovery Phrase" means the cryptographic seed phrase used to generate and restore your wallet.
• "Spark Network" means the scaling network operated by Lightspark / Spark, as more fully described at https://spark.info/.
• "Third-Party Services" means external services, applications, or websites that may be accessed through or integrated with the App.
• "USDB" means the USD-backed stablecoin issued by Brale, Inc. on the Spark Network.
• "Supported Stablecoins" means the USD-backed stablecoins accessible through the App, currently USDB (issued by Brale, Inc.), USDC (issued by Circle), and USDT (issued by Tether). Each stablecoin is issued and managed by an independent third party subject to its own terms and risks.
• "Stablecoin Swap" means the conversion between Bitcoin (BTC) and a Supported Stablecoin, or between Supported Stablecoins, facilitated through the Flashnet Protocol on the Spark Network.
• "Wallet Credentials" means your private keys, recovery phrases, PIN codes, passwords, and other authentication information required to access your wallet.
• "Processing System" means the secure processing architecture Blitz Wallet uses to handle wallet and payment operations, as described in Section 12.
• "WebView Component" means the sandboxed JavaScript execution environment used by the Processing System.

3. Description of Services

Blitz Wallet provides a self-custodial digital wallet application that enables you to:

• Store, send, and receive Bitcoin and other supported Digital Assets
• Access Lightning Network functionality
• Utilize Spark network features (currently in beta testing)
• Hold USDB stablecoin and earn yield through the Savings Feature
• Swap between BTC and supported stablecoins (USDB, USDC, USDT), or between supported stablecoins, through the Flashnet Protocol
• Make in-app purchases for certain services
• Send and receive digital gift cards through third-party providers

Important: The App is provided as open-source software under the Apache 2.0 License (available at http://www.apache.org/licenses/LICENSE-2.0). Your use of the App as an end user is governed by these Terms. Use, modification, or distribution of the source code is governed by the Apache 2.0 License. Both agreements may apply simultaneously. In any conflict between them as they relate to your end-user use of the App, these Terms control.

4. User Eligibility and Account Requirements

Age Requirement: You must be at least 18 years of age, or the age of majority in your jurisdiction if higher, to use the App. By using the App you represent and warrant that you meet this age requirement. Use of the App by persons under 18 is strictly prohibited. If you are a parent or guardian and believe a minor has accessed the App, please contact us immediately at support@blitzwalletapp.com.

Legal Capacity: You represent and warrant that you have the legal capacity to enter into these Terms and that you are not prohibited from using the App under any applicable laws.

Jurisdiction Compliance: You are responsible for determining whether the App is legal in your jurisdiction and for complying with all applicable laws and regulations.

5. Self-Custodial Wallet and User Responsibilities

Blitz Wallet is non-custodial software. Blitz Wallet Inc does not hold, custody, control, or have access to your funds, private keys, or recovery phrase at any time, and cannot move, freeze, seize, or recover your funds.

Creating a wallet does not create an account with Blitz Wallet. Wallets are generated locally on your device from a seed phrase that only you control. No approval, registration, or identity verification by Blitz Wallet is required or possible.

Blitz Wallet does not transmit money or digital assets on your behalf, does not act as an intermediary or counterparty to your transactions, and does not operate the Bitcoin, Lightning, Spark, Liquid, or other public networks. The App is software that enables you to interact directly with these public, permissionless networks and with independent third-party service providers. All transactions are initiated, authorized, and broadcast solely by you.

Blitz Wallet is not a bank, custodian, exchange, or broker and does not provide any of those services.

5.1 Self-Custodial Nature

The App is self-custodial, meaning:

• You retain exclusive control of your Wallet Credentials and Digital Assets
• Blitz Wallet does not have access to your Wallet Credentials
• Blitz Wallet cannot recover lost Wallet Credentials or restore access to your funds
• You are solely responsible for the security and safekeeping of your Wallet Credentials

5.2 Your Responsibilities

• Securely store your Wallet Credentials in a safe location
• Never share your Wallet Credentials with anyone
• Create backups of your recovery phrase and store them securely offline
• Protect your device with strong passwords, biometric authentication, and up-to-date security software
• Verify all transaction details carefully before confirming any transaction

5.3 Consequences of Lost Credentials

CRITICAL WARNING: If you lose, forget, or compromise your Wallet Credentials:

• Your Digital Assets will be permanently and irretrievably lost
• Blitz Wallet cannot and will not be able to recover your funds
• No customer support, legal action, or technical intervention can restore access

By using this App, you acknowledge and accept full responsibility for this risk.

5.4 Recovering Your Funds Without Blitz

Because your funds are controlled solely by your recovery phrase, they do not depend on Blitz Wallet, the Blitz app, or Blitz servers continuing to exist. Your recovery phrase can be imported into other compatible wallets to access and move your funds independently of Blitz Wallet. Blitz Wallet is open-source software (Apache 2.0), so the client can be independently reviewed and built.

5.5 If Blitz Wallet Becomes Unavailable

If Blitz Wallet ever discontinues the App or its services, your funds remain yours and under your control, provided you have securely backed up your recovery phrase. To retain access, back up your recovery phrase and, if needed, restore it in another compatible wallet. For funds held on the Spark network, you may perform a unilateral exit to recover funds without relying on Blitz or Spark operators (see Spark's unilateral exit guide). Blitz servers provide optional conveniences such as profile sync, notifications, and store purchases; they are never required to control or recover your Bitcoin.

6. Supported Digital Assets

6.1 Currently Supported Assets

The App currently supports:

• Bitcoin (BTC)
• Spark tokens
• USDB, USDC, and USDT (USD-backed stablecoins, each issued by an independent third party)

6.2 Unsupported Assets

WARNING: Attempting to send, receive, or store digital assets not explicitly supported by the App may result in permanent and irreversible loss of those assets. Blitz Wallet is not responsible for any losses resulting from use of unsupported assets.

6.3 Changes to Supported Assets

We reserve the right to add or remove support for specific Digital Assets at any time. We will provide reasonable notice of such changes when feasible.

6.4 USDB Stablecoin and Savings Feature

The App may offer a savings feature ("Savings Feature") that enables you to hold USDB, a USD-backed stablecoin issued by Brale, Inc. ("Brale"), and earn yield facilitated by Flashnets Markets, Inc. ("Flashnet") through the Flashnet Protocol on the Spark Network. By using the Savings Feature, you acknowledge and agree that:

• (a) Third-Party Issuance. USDB is issued and managed by Brale, Inc. and is not a product of Blitz Wallet. Your use of USDB is subject to Brale's Terms of Service available at https://brale.xyz/legal/terms, which you must review and accept independently.
• (b) Yield via Flashnet. Any yield or earnings generated through the Savings Feature are facilitated by Flashnets Markets, Inc. ("Flashnet"), a Republic of Panama corporation, through its protocol on the Spark Network. Your use of Flashnet's services is subject to Flashnet's Terms of Service at https://www.flashnet.xyz/terms-of-service, which you must review and accept independently.
• (c) Not a Bank or Financial Institution. Neither Blitz Wallet, Brale, nor Flashnet is a bank, broker, financial advisor, or investment advisor. The Savings Feature does not constitute a deposit account, investment account, or any guaranteed financial product. Yield rates are variable, not guaranteed, and may be zero.
• (d) No FDIC/SIPC Coverage. USDB and any associated yield are not insured by the FDIC, SIPC, or any government agency.
• (e) Stablecoin Risks. USDB is designed to maintain parity with the US Dollar, but you acknowledge that stablecoins may lose their peg, become illiquid, or lose value entirely due to market conditions, regulatory action, issuer insolvency, or other factors beyond Blitz Wallet's control.
• (f) Blitz Wallet's Role. Blitz Wallet acts solely as an interface to access USDB and the Flashnet Protocol. Blitz Wallet does not custody USDB on your behalf, does not control yield rates, and is not a party to any transaction between you and Brale or Flashnet.
• (g) Regulatory Risk. Stablecoins and yield-generating products may be subject to evolving regulations. You are solely responsible for determining whether use of the Savings Feature is lawful in your jurisdiction.

6.5 Bitcoin and Stablecoin Swap Services

The App may enable you to swap between Bitcoin (BTC) and supported stablecoins (USDB, USDC, and USDT), or between supported stablecoins, through the Flashnet Protocol, operated by Flashnets Markets, Inc. ("Flashnet"). By using the swap functionality, you acknowledge and agree that:

• (a) Facilitated by Flashnet. All swaps are executed through the Flashnet Protocol on the Spark Network. Blitz Wallet does not operate or control the swap mechanism and is not a counterparty to any swap transaction. Your use of the swap functionality is subject to Flashnet's Terms of Service at https://www.flashnet.xyz/terms-of-service.
• (b) No Guarantee of Execution. Swaps are not guaranteed to execute at any particular price or within any particular time. Swap rates are determined by market conditions and Flashnet's protocol at the time of execution and may differ materially from quoted or expected rates.
• (c) Slippage and Rate Risk. Quoted swap rates are estimates only. The final executed rate may differ due to price slippage, liquidity conditions, network congestion, or latency between the time you initiate and the time your swap settles. You bear all slippage and rate risk.
• (d) Transaction Finality. Completed swaps are irreversible. Once a swap transaction is submitted to the Spark Network, Blitz Wallet cannot cancel, reverse, or modify it. You are solely responsible for verifying all swap details — including amounts, direction, the specific assets involved, and destination — before confirming.
• (e) Fees. Swaps may be subject to fees charged by Flashnet, the Spark Network, or the Lightning Network. These fees are disclosed at the time of the transaction and are your sole responsibility. Fees are non-refundable regardless of the outcome of the swap.
• (f) Blitz Wallet's Role. Blitz Wallet provides the interface to initiate swaps but does not take custody of funds during the swap process, does not set swap rates, and is not liable for any losses arising from swap execution, failure, or delay.
• (g) Swap Failure Risk. Swaps may fail due to insufficient liquidity, network congestion, protocol errors, or other conditions outside Blitz Wallet's control. In the event of a failed swap, funds should be returned to your wallet, but Blitz Wallet makes no guarantee of fund recovery in the event of a protocol-level failure.
• (h) Tax Responsibility. Swapping between BTC and a stablecoin, or between stablecoins, may constitute a taxable event in your jurisdiction. You are solely responsible for determining and fulfilling any applicable tax obligations arising from swap transactions.

7. Security and Device Protection

7.1 Your Device Security Obligations

You must:

• Keep your device's operating system and all software up to date
• Use strong device authentication (passwords, biometrics, PINs)
• Install and maintain reputable security software
• Avoid using the App on compromised, rooted, or jailbroken devices
• Not access the App on public or unsecured networks without proper VPN protection
• Be vigilant against phishing attempts, malware, and social engineering attacks

7.2 Our Security Measures

While we implement industry-standard security measures to protect the App, you acknowledge that:

• No security system is completely invulnerable
• We cannot guarantee absolute security against all threats
• You assume the risks associated with digital asset storage and transmission

8. Risks and Disclaimers

8.1 General Risks

By using the App, you acknowledge and accept the following risks:

Financial Risks:

• Digital Assets are highly volatile and may lose value rapidly
• Transaction fees may fluctuate significantly
• You may lose some or all of your investment
• Supported stablecoins (USDB, USDC, USDT) and any savings yield are not guaranteed. Each stablecoin has a separate third-party issuer; de-pegging, loss of liquidity, or issuer failure may result in partial or total loss of value.
• Swap transactions between BTC and a stablecoin, or between stablecoins, may execute at rates materially different from quoted prices; slippage, fees, and failed transactions may result in loss of value.

Technical Risks:

• Software bugs, errors, or malfunctions may occur
• Network congestion may delay transactions
• Blockchain forks or protocol changes may affect your assets

Security Risks:

• Your device may be compromised by malware, viruses, or hacking
• Phishing attacks may trick you into revealing Wallet Credentials
• Physical theft of your device may result in loss of funds

User Error Risks:

• Sending funds to an incorrect address results in permanent loss
• Forgetting or losing Wallet Credentials results in permanent loss
• Accidentally deleting the App without proper backups results in permanent loss

8.2 Spark Network Beta Disclaimer

IMPORTANT NOTICE: The Spark network is currently in beta testing and should be considered experimental.

By using Spark network features, you acknowledge and accept that:

• The Spark network may contain defects, errors, or security vulnerabilities
• Transactions may fail, be delayed, or produce unexpected results
• You may experience complete loss of any Digital Assets transmitted via Spark
• You should not use the Spark network for critical or high-value transactions
• All use of the Spark network is entirely at your own risk

Blitz Wallet disclaims all liability for losses, damages, or other consequences arising from use of the Spark network during its beta phase or thereafter.

8.3 Transaction Risks with Third-Party Providers.

Transactions routed through or executed by third-party providers may be subject to delays, errors, or failures outside Blitz Wallet’s control. You understand and accept these risks, including potential loss of funds and network-level risks associated with blockchain operations. This includes BTC ↔ stablecoin (USDB, USDC, USDT) swaps facilitated through the Flashnet Protocol, which are subject to Flashnet's terms, smart contract risk, liquidity risk, and Spark Network settlement conditions beyond Blitz Wallet's control.

8.4 No Investment Advice

Blitz Wallet does not provide investment, financial, tax, or legal advice. Nothing in the App or these Terms should be construed as a recommendation to buy, sell, or hold any Digital Assets. You should consult with qualified professionals before making financial decisions.

8.5 Disclaimer of Warranties

THE APP IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED.

To the fullest extent permitted by law, Blitz Wallet disclaims all warranties, including but not limited to:

• Merchantability – fitness for a particular purpose
• Non-infringement – that the App doesn't violate third-party rights
• Security – that the App is free from vulnerabilities
• Accuracy – that all information displayed is correct
• Reliability – that the App will function without interruption or error
• Performance – that the App will meet your expectations

We do not warrant that:

• The App will be uninterrupted, timely, secure, or error-free
• Any defects will be corrected
• The App is free from viruses or harmful components
• Results obtained from the App will be accurate or reliable

8.6 Hot Wallet and Device-Compromise Risk

Blitz Wallet is a "hot wallet": your recovery phrase (seed) is stored on your mobile device using the device's secure storage (iOS Keychain / Android Keystore via expo-secure-store).

App-level authentication (PIN or biometric) is optional, and once the App is open it does not require additional authentication to send funds or to display your recovery phrase. As a result, any person or software with access to your unlocked device may be able to view your recovery phrase and irreversibly transfer your funds, including through:

• Theft, loss, or unauthorized physical access to your device
• Malware, spyware, or remote compromise of your device
• Inspection of device memory (the seed is held in the App's memory while running)
• A device backup that contains your seed (see below)

Device backups: On Android, the seed is stored on-device only and is never included in any backup. On iOS, current versions of the App exclude the seed from iCloud backups; however, if your device backups were configured before this change, an existing iCloud backup may still contain your seed. If you may be affected, consider moving your funds to a newly generated wallet.

Blitz Wallet cannot detect, prevent, reverse, or recover from any such compromise. We strongly recommend enabling PIN or biometric protection, keeping your device secure and updated, and using a dedicated cold-storage or hardware wallet for large or long-term holdings.

9. Third-Party Services and Integrations

9.1 Third-Party Services

The App may integrate with third-party providers such as those below to facilitate certain functionality. Blitz Wallet does not control the performance, security, availability, or data practices of these services. Your access and use of such third-party functionality is also subject to the terms and privacy policies of those providers. Blitz Wallet disclaims liability for losses, errors, or interruptions caused by third-party services:

• Lightning Network nodes and channels
• Gift Card providers
• VPN providers
• SMS providers
• Network Swap providers
• Generative AI applications
• Blitz Contact Profiles
• USDB stablecoin issuer (Brale, Inc.)
• • Savings yield and swap provider (Flashnets Markets, Inc.) — terms at https://www.flashnet.xyz/terms-of-service

9.2 Your Acknowledgment

You acknowledge and agree that:

• Third-Party Services are operated independently by third parties
• Each Third-Party Service has its own terms, conditions, and privacy policies
• Blitz Wallet does not control, endorse, or assume responsibility for Third-Party Services
• All use of Third-Party Services is at your own risk
• Blitz Wallet is not liable for any losses, damages, or disputes arising from Third-Party Services

9.3 Your Responsibility

You are responsible for:

• Reviewing the terms and privacy policies of any Third-Party Services you use
• Complying with the requirements of Third-Party Services
• Any fees charged by Third-Party Services
• Any disputes with Third-Party Service providers

10. Store Purchases and Data Storage

10.1 In-App Purchases

The App may offer in-app purchases, including:

• Credits for third-party chat applications
• VPN configuration files
• Anonymous SMS sending
• Receiving SMS codes
• Gift Cards
• Other digital services or features

10.2 Data Storage

To improve user experience, we encrypt and store certain data in our database, including:

• Purchased credits and balances
• VPN configuration files
• Previously sent and received SMS messages
• Gift cards

10.3 Non-Refundable Purchases

IMPORTANT: ALL STORE PURCHASES ARE STRICTLY NON-REFUNDABLE.

You acknowledge and agree that:

• All purchases are final and cannot be refunded for any reason
• This includes situations where credits, balances, or configuration files are lost, deleted, corrupted, or become unavailable
• Blitz Wallet is not liable for data loss due to corruption, system failure, security incidents, or any other cause
• Credits and configuration files stored in our systems are not guaranteed to be recoverable
• We do not guarantee long-term storage or availability of store-related data

10.4 Your Responsibility

You are solely responsible for:

• Using purchased services promptly
• Maintaining backups of important configuration data when possible
• Understanding that purchased items may expire or become unavailable

If you do not agree to these non-refundable terms, do not make any purchases through the App.

11. Gift Card Feature

11.1 Gift Card Service

The App may allow you to send or receive digital gift cards. You acknowledge that:

• Gift cards are issued and fulfilled by third-party providers
• Blitz Wallet acts solely as a reseller and does not issue, warrant, or guarantee gift cards
• Gift card claim codes are handled and displayed to our systems during transfers

11.2 Security Risk Acknowledgment

IMPORTANT SECURITY NOTICE:

While we employ reasonable security measures, in the event of a compromise of Blitz Wallet's reseller accounts or related systems, gift card claim codes could potentially be exposed to unauthorized parties.

By using the gift card feature, you expressly acknowledge and accept this risk.

11.3 Limitation of Liability for Gift Cards

Blitz Wallet is not liable for any losses, disputes, or damages related to gift cards, including:

• Unauthorized redemption of gift card codes
• Third-party provider breaches or failures
• User error in transmitting gift card codes
• Expired or invalid gift cards
• Disputes with gift card issuers

12. WebView Processing System

12.1 System Overview

The App utilizes a proprietary secure Processing System that operates through a sandboxed WebView Component to handle computationally intensive wallet operations without impacting application performance.

12.2 Seed Transmission

Critical Technical Disclosure:

To initialize your wallet, the App must perform a one-time, in-memory transmission of your Seed from your device's secure storage into the WebView Component during each wallet session. This transmission is necessary to enable wallet functionality including:

• Sending and receiving payments
• Getting wallet balance
• Getting wallet transactions
• Other wallet actions

12.3 Security Safeguards

We implement multiple security measures to protect the Processing System, including:

Cryptographic Protections:

• Hash verification of the WebView bundle before execution to ensure file integrity
• Session-specific keypair generation with random nonces for mutual authentication
• Encrypted message passing using ephemeral keys unique to each session
• Replay and duplication protection through sequential identifiers and timestamps

Isolation Measures:

• Restrictive Content Security Policy (CSP) to mitigate script injection and cross-site scripting
• WebView execution in an isolated, incognito context
• Debugging, file system access, caching, and third-party network requests disabled

12.4 Acknowledgment of Inherent Risks

BY USING THE APP, YOU EXPRESSLY ACKNOWLEDGE AND AGREE:

• You understand that the Processing System requires controlled, in-memory transfer of your Seed to the WebView Component
• Despite all reasonable security precautions, no system is entirely immune to compromise
• There remains an unavoidable residual risk that your Seed, wallet data, or transaction information could be compromised due to:
• Device-level compromise or malware
• Operating system vulnerabilities
• Zero-day exploits or other advanced threats
• Physical access to your device by unauthorized parties
• Other factors beyond Blitz Wallet's control
• You are solely responsible for:
• Maintaining the physical and digital security of your device
• Enabling system security updates, strong authentication, and encryption
• Preventing unauthorized access by third parties
• Regular backups of your recovery phrase
• You acknowledge that:
• Blitz Wallet cannot recover your Seed if it is lost, corrupted, or compromised
• Any compromise of your Seed may result in total loss of your Digital Assets
• You assume all risks associated with use of the Processing System

12.5 WebView System Warranties Disclaimer

THE PROCESSING SYSTEM AND WEBVIEW COMPONENT ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT ANY WARRANTIES.

We make no representation or warranty that the Processing System or WebView Component will be:

• Error-free or uninterrupted
• Completely secure or immune from unauthorized access
• Free from vulnerabilities or defects

If you do not accept these risks, you must immediately cease using the App.

13. Privacy and Data Protection

Your use of the App is subject to our Privacy Policy, which is incorporated into these Terms by reference. The Privacy Policy describes how we collect, use, disclose, and protect your information. By using the App, you consent to the data practices described in our Privacy Policy.

Our Privacy Policy is available at: https://blitzwalletapp.com/pages/privacyPolicy/

If there is any conflict between these Terms and the Privacy Policy regarding privacy matters, the Privacy Policy controls. We encourage you to review the Privacy Policy carefully before using the App.

14. Sanctions, Geographic Restrictions, and AML Compliance

14.1 Compliance with Laws

You agree to:

• Comply with all applicable federal, state, local, and international laws and regulations
• Ensure that your use of Digital Assets complies with tax, securities, and financial regulations in your jurisdiction
• Obtain any licenses or registrations required in your jurisdiction

14.2 Prohibited Activities

You agree NOT to:

• Use the App for any illegal purposes, including money laundering, terrorist financing, or sanctions violations
• Engage in fraudulent transactions or schemes
• Attempt to hack, reverse engineer, or compromise the App's security (except for responsible security research conducted in good faith)
• Transmit viruses, malware, or harmful code
• Interfere with other users' access to the App
• Use the App to harass, abuse, or harm others
• Impersonate any person or entity
• Violate any third party's intellectual property or privacy rights

14.3 Prohibited Jurisdictions

The App is not available to residents, nationals, or agents of countries or regions subject to comprehensive sanctions by the United States, the United Nations Security Council, the European Union, or the United Kingdom, including but not limited to Cuba, Iran, North Korea, Syria, Belarus, Russia, and the Crimea, Luhansk, Donetsk, Zaporizhzhia, and Kherson regions of Ukraine (collectively, "Restricted Territories"). By using the App, you represent and warrant that you are not located in, incorporated in, or a resident of any Restricted Territory.

14.4 Sanctions Compliance

You represent and warrant that you are not:

• Listed on any U.S. government list of prohibited or restricted parties, including the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) list
• Listed on any equivalent sanctions list maintained by the United Nations, European Union, or United Kingdom
• Acting on behalf of any person or entity subject to such sanctions

14.5 AML Compliance

You agree to use the App only for lawful purposes and in compliance with all applicable anti-money laundering (AML), counter-terrorism financing (CTF), and know-your-customer (KYC) laws and regulations.

14.6 Consequences of Violations

Violations of these obligations may result in:

• Immediate termination of your access to the App
• Legal action and cooperation with law enforcement
• Liability for damages caused by your violations

15. Indemnification

You agree to indemnify, defend, and hold harmless Blitz Wallet, its affiliates, officers, directors, employees, agents, licensors, and contractors from and against any and all claims, liabilities, damages, losses, costs, expenses, or fees (including reasonable attorneys' fees) arising from or relating to:

• Your use or misuse of the App
• Your violation of these Terms
• Your violation of any applicable laws or regulations
• Your violation of any third-party rights
• Any disputes between you and third parties
• Your negligence or willful misconduct

This indemnification obligation survives termination of these Terms.

16. Limitation of Liability

16.1 Types of Damages Excluded

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, BLITZ WALLET, ITS AFFILIATES, DEVELOPERS, OFFICERS, DIRECTORS, EMPLOYEES, CONTRACTORS, AND LICENSORS SHALL NOT BE LIABLE FOR:

Indirect, Incidental, or Consequential Damages, including but not limited to:

• Loss of Digital Assets or funds
• Loss of profits, revenue, or business opportunities
• Loss of data or information
• Loss of goodwill or reputation
• Device damage or malfunction
• Data breaches or unauthorized access
• System failures or downtime
• Losses from stablecoin de-pegging
• Yield rate changes
• Brale/Flashnet service failures
• Any other intangible losses

Even if Blitz Wallet has been advised of the possibility of such damages.

16.2 Specific Excluded Liabilities

Blitz Wallet is not liable for losses resulting from:

• User error, including:
• Loss or theft of Wallet Credentials
• Sending funds to incorrect addresses
• Failure to backup recovery phrases
• Accidental deletion of the App
• Security issues, including:
• Unauthorized access to your device or App
• Malware, viruses, or hacking
• Phishing or social engineering attacks
• Compromise of the Processing System or WebView Component
• Technical issues, including:
• Software bugs, errors, or malfunctions
• Network failures or congestion
• Third-Party Service failures
• Blockchain forks or protocol changes
• Market factors, including:
• Volatility of Digital Assets
• Changes in transaction fees
• Regulatory changes affecting Digital Assets
• Any other events beyond our reasonable control

16.3 Maximum Liability Cap

IN NO EVENT SHALL BLITZ WALLET'S TOTAL AGGREGATE LIABILITY TO YOU FOR ALL CLAIMS ARISING UNDER OR RELATED TO THESE TERMS EXCEED THE GREATER OF:

(A) THE AMOUNT YOU PAID TO BLITZ WALLET FOR THE APP IN THE 12 MONTHS PRECEDING THE CLAIM; OR

(B) ONE HUNDRED DOLLARS ($100 USD)

16.4 Jurisdictional Limitations

Some jurisdictions do not allow the exclusion or limitation of certain warranties or liabilities. In such jurisdictions, our liability will be limited to the maximum extent permitted by law.

16.5 Assumption of Risk and Release

By using the App, you knowingly and voluntarily assume all risks associated with:

• Storage and management of Digital Assets
• Use of self-custodial wallet technology
• Transfer and handling of your Seed within the Processing System
• All other aspects of the App's functionality

You hereby release and discharge Blitz Wallet and its affiliates from any and all claims, demands, liabilities, losses, damages, or causes of action (whether known or unknown, suspected or unsuspected) arising from or relating to:

• Any compromise or loss of your Seed or wallet data
• Any loss of Digital Assets
• Any use of or reliance upon the App

17. Dispute Resolution and Governing Law

17.1 Governing Law

These Terms shall be governed by and construed in accordance with the laws of the State of Michigan and applicable federal laws of the United States, without regard to conflict of law principles.

17.2 Agreement to Arbitrate

PLEASE READ THIS SECTION CAREFULLY. IT AFFECTS YOUR LEGAL RIGHTS, INCLUDING YOUR RIGHT TO FILE A LAWSUIT IN COURT.

You and Blitz Wallet agree that any dispute, claim, or controversy arising out of or relating to these Terms, the App, or your use of the App (collectively, "Disputes") shall be resolved through binding individual arbitration rather than in court, except as specified in Section 17.7.

17.3 Informal Dispute Resolution Requirement

Before initiating arbitration, you agree to first contact us to attempt to resolve the Dispute informally.

Process:

1. Send a written description of the Dispute to: blake@blitzwalletapp.com
2. Include your name, contact information, and a detailed description of the problem
3. Include your proposed resolution
4. Allow us 90 days to investigate and respond

We will attempt in good faith to resolve the Dispute informally. If we cannot resolve the Dispute within 90 days, either party may initiate arbitration.

This informal dispute resolution is a prerequisite to arbitration and must be completed before arbitration can begin.

17.4 Arbitration Rules and Procedures

If informal resolution fails, the Dispute shall be resolved by binding arbitration administered by the American Arbitration Association (AAA) under its Consumer Arbitration Rules (the "AAA Rules"), as modified by these Terms.

Key Terms:

• Arbitrator: One neutral arbitrator selected according to AAA Rules
• Location: Arbitration shall take place in Michigan or, at your option, via telephone, video conference, or other remote electronic means
• Rules: AAA Consumer Arbitration Rules available at www.adr.org
• Governing Law: The Federal Arbitration Act (9 U.S.C. § 1 et seq.) governs the interpretation and enforcement of this arbitration provision

17.5 Arbitration Costs

• AAA Rules govern payment of filing, administration, and arbitrator fees
• Each party pays its own attorneys' fees unless awarded by the arbitrator

17.6 Class Action Waiver

YOU AND BLITZ WALLET AGREE THAT DISPUTES MUST BE BROUGHT ON AN INDIVIDUAL BASIS ONLY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS, CONSOLIDATED, OR REPRESENTATIVE PROCEEDING.

Unless both you and Blitz Wallet agree otherwise in writing:

• No class arbitrations or class actions are permitted
• No consolidation of individual arbitrations without consent of all parties
• No representative actions on behalf of others
• The arbitrator may award relief only in favor of the individual party seeking relief and only to the extent necessary to provide relief warranted by that party's individual claim

17.7 Exceptions to Arbitration

The following Disputes are not subject to arbitration and may be brought in court:

• Intellectual property claims: Claims of intellectual property infringement or misappropriation
• Injunctive relief: Requests for injunctive or equitable relief to prevent unauthorized use or abuse of the App
• Emergency security issues: Claims involving immediate threats to the security or integrity of the App

17.8 Opt-Out Right

You have the right to opt out of this arbitration agreement.

To opt out, you must send written notice to us within 30 days of first accepting these Terms:

Opt-Out Notice Must Include:

• Your full name
• Email address
• Statement: "I opt out of the arbitration agreement"
• Your signature (electronic signature acceptable)

Send to: blake@blitzwalletapp.com

If you opt out:

• You retain your right to pursue Disputes in court
• Blitz Wallet will not take any adverse action against you
• All other Terms remain in full effect
• This is your only opportunity to opt out; you cannot opt out at a later date

17.9 Jurisdiction and Venue (If Arbitration Does Not Apply)

If the arbitration agreement is invalid, unenforceable, waived, or does not apply to a particular Dispute, or if you validly opt out, you agree that any judicial proceeding shall be brought exclusively in the state or federal courts located in Oakland County, Michigan, and you consent to the personal jurisdiction of these courts.

17.10 Jury Trial Waiver

TO THE MAXIMUM EXTENT PERMITTED BY LAW, YOU AND BLITZ WALLET WAIVE ANY RIGHT TO A JURY TRIAL for any Dispute, whether in arbitration or in court.

17.11 Time Limitation for Claims

You agree that any claim or cause of action arising out of or related to these Terms or the App must be filed within SIX (6) MONTHS after such claim or cause of action arose, or it will be permanently barred.

This six-month period begins when you knew or reasonably should have known of the facts giving rise to the claim.

17.12 Severability of Dispute Resolution Terms

If any portion of this Section 17 is found to be invalid or unenforceable, the remainder shall continue in full effect, except:

• If the Class Action Waiver (Section 17.6) is found unenforceable, the entire arbitration agreement (Sections 17.2-17.6) becomes void
• If the arbitration agreement is found invalid, the Jury Trial Waiver and Time Limitation provisions remain enforceable

17.13 Changes to Arbitration Terms

Notwithstanding Section 18 (Modifications to Terms), if Blitz Wallet makes any material changes to this arbitration agreement (other than a change to the contact information), you may reject the change by sending written notice within 30 days of the change to 230 W Maple Road, Troy, MI 48084. Your rejection means you will arbitrate under the version of the arbitration agreement that existed when you first accepted these Terms (or, if applicable, the version you most recently accepted).

18. Modifications to Terms

18.1 Right to Modify

Blitz Wallet reserves the right to modify, amend, or update these Terms at any time in our sole discretion. When we make changes, we will:

• Post the updated Terms on our website and/or within the App
• Update the "Last Updated" date at the top of these Terms

18.2 Your Acceptance of Changes

Your continued use of the App after changes are posted constitutes your acceptance of the modified Terms.

If you do not agree to any changes, you must:

• Stop using the App immediately
• Transfer any Digital Assets to another wallet before discontinuing use
• Uninstall the App from your device

18.3 Checking for Updates

You are responsible for regularly reviewing these Terms. We recommend checking our website periodically for update.

19. Termination

19.1 Termination by You

You may stop using the App at any time by:

• Uninstalling the App from your device
• Transferring your Digital Assets to another wallet before uninstalling
• Discontinuing all use of Blitz Wallet services

WARNING:Before terminating your use:

• Ensure you have securely recorded your recovery phrase
• Transfer all Digital Assets to another wallet
• Backup any important data or configuration files
• Understand that uninstalling without proper backups will result in permanent loss of funds

19.2 Termination by Us

We reserve the right to suspend or terminate your access to the App at any time, with or without notice, for any reason, including:

• Violation of these Terms
• Fraudulent, illegal, or harmful conduct
• Threats to the security or integrity of the App
• Court orders or legal requirements
• Discontinuation of the App or certain features

19.3 Effect of Termination

Upon termination:

• Your license to use the App immediately ends
• You must cease all use of the App
• Provisions of these Terms that by their nature should survive termination shall survive, including: ownership provisions, warranty disclaimers, indemnification, limitations of liability, and dispute resolution provisions

IMPORTANT: Because the App is self-custodial, termination does not affect your control over Digital Assets, provided you have properly secured your Wallet Credentials. However, you will no longer be able to access your funds through the Blitz Wallet App.

20. General Provisions

20.1 Entire Agreement

These Terms, together with our Privacy Policy, constitute the entire agreement between you and Blitz Wallet regarding the App and supersede all prior agreements, understandings, and communications.

20.2 Severability

If any provision of these Terms is found to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect. The invalid provision shall be modified to the minimum extent necessary to make it valid and enforceable.

20.3 Waiver

Our failure to enforce any right or provision of these Terms does not constitute a waiver of that right or provision. Any waiver must be in writing and signed by an authorized representative of Blitz Wallet.

20.4 Assignment

You may not assign, transfer, or delegate these Terms or your rights and obligations without our prior written consent. We may assign these Terms without restriction. Any attempted assignment in violation of this section is void.

20.5 No Partnership

Nothing in these Terms creates a partnership, joint venture, agency, or employment relationship between you and Blitz Wallet.

20.6 Force Majeure

Blitz Wallet is not liable for any failure or delay in performance due to circumstances beyond our reasonable control, including acts of God, natural disasters, war, terrorism, labor disputes, government actions, or internet/network failures.

20.7 Export Controls

You agree to comply with all applicable export and import laws and regulations. You represent that you are not located in, and will not use the App in, any country subject to U.S. embargo or designated as a "terrorist supporting" country, and that you are not on any U.S. government list of prohibited or restricted parties.

20.8 Notices

Notices to you may be made via posting on our website. Notices to us should be sent to the contact information provided in Section 21.

20.9 Language

These Terms are prepared in English, and the English version shall prevail in the event of any conflict with translations.

21. Contact Information

If you have any questions, concerns, or complaints about these Terms or the App, please contact us:

Blitz Wallet Inc

Email: support@blitzwalletapp.com

Website Contact Form

Mailing Address: 230 W Maple Road Troy, MI 48084

For security reports or vulnerability disclosures, please use: security@blitzwalletapp.com

We aim to respond to all inquiries within 7-14 business days