Terms of Service

Terms and conditions governing the use of LEX VASP's digital asset legal services and website.

Effective Date: December 30, 2024

Last Updated: December 30, 2024

1. Acceptance of Terms

By accessing or using the services provided by LEX VASP DAO LLC and SIA "LEX VASP" (collectively "LEX VASP," "we," "us," or "our"), you agree to be bound by these Terms of Service and all applicable laws and regulations.

2. Description of Services

LEX VASP provides:

  • Digital asset tokenization legal services
  • Regulatory compliance consulting
  • Legal structuring and documentation
  • AML/KYC implementation services
  • Cross-border compliance management

3. Eligibility

Our services are intended for institutional clients, qualified investors, and businesses engaged in legitimate digital asset activities. You must have the legal authority to enter into these Terms on behalf of yourself or your organization.

4. Professional Relationship

LEX VASP provides legal services subject to professional ethics rules and client confidentiality obligations. An attorney-client relationship is established only through execution of a formal engagement agreement.

5. User Obligations

You agree to:

  • Provide accurate and complete information
  • Comply with all applicable laws and regulations
  • Maintain confidentiality of sensitive information
  • Pay all fees in accordance with engagement terms
  • Cooperate with compliance and due diligence procedures

6. Prohibited Activities

You may not:

  • Engage in illegal or fraudulent activities
  • Violate any applicable sanctions or regulations
  • Misrepresent your identity or business activities
  • Interfere with our website or services
  • Share confidential information without authorization

7. Fees and Payment

Fees for legal services are established in separate engagement agreements. Payment terms, including hourly rates, fixed fees, and retainer requirements, will be specified in your engagement letter.

8. Intellectual Property

All content on our website and materials provided during our engagement remain our intellectual property. You receive a limited license to use materials solely for the purposes of our professional relationship.

9. Disclaimers

Our services are provided "as is" without warranties. We disclaim liability for any investment losses, regulatory changes, or third-party actions. Legal advice is specific to circumstances and may not be suitable for all situations.

10. Limitation of Liability

Our liability is limited to the fees paid for services. We are not liable for consequential, incidental, or punitive damages. Professional liability insurance coverage details are available upon request.

11. Governing Law

These Terms are governed by Wyoming law (USA) and Latvian law (EU) as applicable to your jurisdiction and service location. Disputes will be resolved through arbitration in accordance with applicable rules.

12. Contact Information

For questions about these Terms, contact us at legal@lexvasp.com or at our registered offices in Wyoming, USA or Jūrmala, Latvia.