Legal

Regulatory & Legal Notices

This page identifies the entities within the Low Observable Group (“LO:TECH”, “LO:TECH Group” “we,” “us,” “our”) that provide the services described on this website and explains their regulatory status. Please read the section relevant to the service you are interested in.

Regulatory Legal Notice

The information contained on this website is provided solely for informational purposes.

Nothing on this website constitutes legal, tax, accounting, financial, investment, trading or other professional advice, nor should any content be relied upon as a recommendation, endorsement, offer, invitation or solicitation to enter into any transaction involving virtual assets, digital assets, cryptocurrencies, tokens or related products or services.

Any commentary regarding market conditions, trading activity, liquidity, pricing, protocols, blockchain networks, digital assets or virtual assets is provided for general information only and should not be interpreted as investment advice or a recommendation to engage in any particular transaction.

You should obtain independent legal, tax, accounting and other professional advice before engaging in any transaction or service described on this website.

LO:TECH does not provide legal advice and makes no representation that any transaction, virtual asset, service, protocol or arrangement described on this website is lawful, regulated or suitable in any particular jurisdiction or for any particular person.

The legal and regulatory treatment of virtual assets varies significantly across jurisdictions and continues to evolve.

The LO:TECH Group trading entities

Low Observable Technology (BVI) Limited (“LO BVI”)

LO BVI is a company incorporated in the British Virgin Islands under Company Number 2155630 and is the LO:TECH Group’s principal trading entity.

LO BVI currently engages in proprietary trading activities and enters into arrangements designed to support liquidity in certain digital asset markets.

LO BVI is currently preparing an application to the British Virgin Islands Financial Services Commission (“FSC”) for registration under the Virtual Assets Service Providers Act, 2022. LO BVI does not currently provide Agency Execution or OTC Trading services, and will not do so unless and until the requisite registration has been obtained from the FSC.

Neither any future application by LO BVI for registration under the Virtual Assets Service Providers Act, 2022, nor any registration that may subsequently be granted, should be interpreted as:

– an endorsement of any virtual asset;

– a guarantee of performance;

– a guarantee against loss;

– a confirmation that any virtual asset or transaction is suitable for a particular customer;

– a guarantee of the solvency of any issuer, exchange, custodian or counterparty.

Customers remain solely responsible for assessing the suitability and risks of any transaction.

Low Observable Technology Ltd (“LO UK”)

LO UK is a company incorporated in England and Wales under Company Number 14653189 and develops and operates the LO:TECH Group’s trading and market-data technology, licenses that technology to LO BVI, and separately provides market data products and services to its own clients.

Low Observable Trading Ltd (“LO Trading”)

LO Trading is a company incorporated in England and Wales under Company Number 14647428. LO Trading does not provide market making, OTC trading, agency execution or any service described on this website.

Nothing on this website is provided by or on behalf of LO Trading.

Wraith Research Ltd (“Wraith Research”)

Wraith Research develops data products, analytics and research. Wraith Research does not conduct trading activity and does not provide regulated financial services or virtual asset services.

Jurisdictional Restrictions and Eligible Counterparties

Access to this Site and the services described on it may be restricted by applicable laws and regulations in certain jurisdictions. Persons accessing this Site are responsible for ensuring that such access and any use of LO:TECH services is lawful in their jurisdiction.

Regulatory approvals, registrations, licences or exemptions obtained in one jurisdiction may not apply in another jurisdiction and should not be interpreted as authorisation to provide services globally. Registration, licensing, approval or supervision in any jurisdiction should not be interpreted as an endorsement of any virtual asset, trading strategy, protocol, service provider or transaction.

LO:TECH does not represent or warrant that any virtual asset, token or digital asset constitutes, or does not constitute, a security, commodity, derivative or other regulated instrument under the laws of any jurisdiction.

The services described on this Site are intended solely for professional clients, institutional investors, sophisticated counterparties and high-net-worth businesses.

The services described on this Site are not intended for retail consumers.

By accessing information regarding LO BVI, LO UK or Wraith Research services, you represent that you possess sufficient experience and understanding to evaluate the risks associated with virtual assets, digital asset markets and electronic trading activities, and are capable of making independent investment and commercial decisions.

Virtual Asset Risk Warning

Transactions involving virtual assets carry significant risks and may not be suitable for all persons.

Before engaging in any virtual asset transaction, you should carefully consider the following risks:

Risk of Total Loss

Virtual assets may lose value entirely. You should be prepared to lose all capital committed to any transaction involving virtual assets.

Volatility Risk

Virtual asset markets may experience extreme volatility, rapid price movements, reduced liquidity and market disruption.

Technology and Cybersecurity Risk

Virtual assets and blockchain networks rely on distributed ledger technologies, software, smart contracts, cryptographic systems and related infrastructure, which may be vulnerable to coding defects, operational failures, cyber-attacks, forks, protocol changes, validator failures and other technological risks.

Custody Risk

LO:TECH does not undertake custody activities and does not take possession or control of customer assets. However, loss, compromise or misuse of private keys, authentication credentials, wallet infrastructure or custody arrangements does happen and may result in irreversible loss of assets.

Counterparty Risk

Customers may be exposed to the insolvency, operational failure, fraud, misconduct, cyber incident or regulatory intervention affecting exchanges, custodians, issuers, liquidity providers, banks or other counterparties.

Regulatory Risk

Changes to applicable laws, regulations, sanctions measures, tax rules, court decisions or regulatory guidance may adversely affect the availability, transferability, value or legality of virtual assets.

Financial Crime Compliance Notice

LO BVI is subject to anti-money laundering, counter-terrorist financing, sanctions, suspicious activity reporting and other legal and regulatory obligations.

LO BVI may refuse, reject, delay, suspend, restrict, investigate, monitor or terminate any transaction, customer relationship or service where required by applicable law, regulation, sanctions obligations, regulatory direction, law enforcement request, court order or internal compliance procedures.

Nothing on this website limits LO:TECH’s obligations under applicable anti-money laundering, sanctions or financial crime legislation.

No offer or solicitation

Nothing on this Site constitutes an offer, invitation or solicitation to buy or sell any investment, digital asset, or to engage any LO:TECH Group entity’s services, in any jurisdiction where to do so would be unlawful.