Company: DDC
Filing Date: 2025-07-22
Form Type: F-3
Source: 0001213900-25-066342
Chunk: 87

Company: DDC Enterprise Ltd
Filing Date: 2025-07-22
Form: F-3
Chunk 87
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 announcement by the digital asset exchange FTX Trading that it would     
 freeze withdrawals and transfers from its accounts and subsequent filing for bankruptcy protection and the SEC enforcement action brought 
 against Binance Holdings Ltd., which initially sought to freeze all of its assets during the pendency of the enforcement action and has   
 since resulted in Binance discontinuing all fiat deposits and withdrawals in the U.S.;                                                    |

| ● | the filing for bankruptcy protection by, liquidation of, or                                                                                    
 market concerns about the financial viability of digital asset custodians, trading venues, lending platforms, investment funds, or other       
 digital asset industry participants, such as the filing for bankruptcy protection by digital asset trading venues FTX Trading and BlockFi      
 and digital asset lending platforms Celsius Network and Voyager Digital Holdings in 2022, the ordered liquidation of the digital asset         
 investment fund Three Arrows Capital in 2022, the announced liquidation of Silvergate Bank in 2023, the government-mandated closure and        
 sale of Signature Bank in 2023, the placement of Prime Trust, LLC into receivership following a cease-and-desist order issued by the           
 Nevada Department of Business and Industry in 2023, and the exit of Binance from the U.S. market as part of its settlement with the Department 
 of Justice and other federal regulatory agencies;                                                                                              |

| ● | regulatory, legislative, enforcement and judicial actions                                                                                  
 that adversely affect the price, ownership, transferability, trading volumes, legality or public perception of bitcoin, or that adversely  
 affect the operations of or otherwise prevent digital asset custodians, trading venues, lending platforms or other digital assets industry 
 participants from operating in a manner that allows them to continue to deliver services to the digital assets industry;                   |

| ● | further reductions in mining rewards of bitcoin, including                                                                              
 due to block reward halving events, which are events that occur after a specific period of time (the most recent of which occurred in   
 April 2024) that reduce the block reward earned by “miners” who validate bitcoin transactions, or increases in the costs                
 associated with bitcoin mining, including increases in electricity costs and hardware and software used in mining, or new or enhanced   
 regulation or taxation of bitcoin mining, which could further increase the costs associated with bitcoin mining, any of which may cause 
 a decline in support for the Bitcoin network;                                                                                           |

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| ● | transaction congestion and fees associated with processing 
 transactions on the Bitcoin network;