Company: FLDDW
Filing Date: 2025-04-11
Form Type: 424B3
Source: 0001213900-25-031004
Chunk: 23

Company: Fold Holdings, Inc.
Filing Date: 2025-04-11
Form: 424B3
Chunk 23
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 crypto
asset custodians and other service providers operating in their local jurisdictions to be regulated and licensed under local laws. Moreover,
laws regulating financial services, the internet, mobile technologies, crypto, and related technologies outside of the United States are
highly evolving, extensive and often impose different, more specific, or even conflicting obligations on us, as well as broader liability.
In addition, we are required to comply with laws and regulations related to economic sanctions and export controls enforced by the U.S.
Department of the Treasury’s Office of Foreign Assets Control (“OFAC”), the U.S. Department of Commerce’s Bureau
of Industry and Security, and U.S. anti-money laundering and counter-terrorist financing laws and regulations, enforced by the Financial
Crimes Enforcement Network (“FinCEN”) and certain state financial services regulators. U.S. sanctions and export control laws
and regulations generally restrict dealings by persons subject to U.S. jurisdiction with certain jurisdictions that are the target of
comprehensive embargoes, currently the Crimea Region, the so-called Donetsk People’s Republic, and the so-called Luhansk People’s
Republic of Ukraine, Cuba, Iran, North Korea, and Syria, as well as with persons, entities, and governments identified on certain prohibited
party lists. Moreover, as a result of the Russian invasion of Ukraine, the United States, the E.U., the United Kingdom, and other jurisdictions
have imposed wide-ranging sanctions on Russia and Belarus and persons and entities associated with Russia and Belarus. There can be no
certainty regarding whether such governments or other governments will impose additional sanctions, or other economic or military measures
against Russia or Belarus. We have an OFAC compliance program in place that includes monitoring of IP addresses to identify prohibited
jurisdictions and of blockchain addresses that have either been identified by OFAC as prohibited or that otherwise are believed by us
to be associated with prohibited persons or jurisdictions. Nonetheless, there can be no guarantee that our compliance program will prevent
transactions with particular persons or addresses or prevent every potential violation of OFAC sanctions. From time to time, we have submitted
voluntary disclosures to OFAC or responded to administrative subpoenas from OFAC. Certain of these voluntary self-disclosures are currently
under review by OFAC. To date, none of those proceedings has resulted in a monetary penalty or finding of violation. Any present or future
government inquiries relating to sanctions could result in negative consequences for us, including costs related to government investigations,
financial penalties, and harm to our reputation