Company: CRCL
Filing Date: 2025-04-18
Form Type: S-1/A
Source: 0001193125-25-084832
Chunk: 79

Company: Circle Internet Group, Inc.
Filing Date: 2025-04-18
Form: S-1/A
Chunk 79
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 arbitrations, and lawsuits by former or existing clients. For example, we have been and, from time to time, may become subject to various legal proceedings, consumer arbitrations, and regulatory investigation matters. Our relationships with third parties may also expose us to additional regulatory scrutiny. We may have or in the future enter into or expand relationships and/or contractual arrangements with third parties that lead to certain regulators asserting their jurisdiction or oversight over us or taking other adverse actions toward us, and we could face additional regulatory consequences as a result. Additionally, while we adopt a regulatory-first posture, as the legal and regulatory landscape surrounding our business is evolving, we may disagree with and challenge regulators’ decisions and actions if we believe such decisions and actions are not grounded in law or regulation. Moreover, the laws, rules, and regulations affecting our business—including those pertaining to stablecoins, digital assets, internet and mobile services, as well as payment and other financial services—are subject to ongoing interpretation by the courts and regulatory authorities. The resulting uncertainty in the scope and application of these laws, rules, and regulations increases the risk that we will be subject to investigations, enforcement actions, and private claims alleging violations of those laws, rules, and regulations. The scope, determination, and impact of claims, lawsuits, regulatory investigations, enforcement actions, disputes, and proceedings to which we are subject cannot be predicted with certainty, and may result in:

| • |     | substantial payments to satisfy judgments, fines, or penalties; |

| • |     | substantial outside counsel legal fees and costs; |

| • |     | additional compliance and licensure requirements; |

| • |     | loss or nonrenewal of existing licenses or authorizations, or prohibition from or delays in obtaining additional licenses 
 or authorizations, required for our business;                                                                             |

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| • |     | loss of productivity and high demands on employee time; |

| • |     | civil or criminal sanctions or consent decrees; |

| • |     | termination of certain employees, including members of our executive team; |

| • |     | barring of certain employees from participating in our business in whole or in part; |

| • |     | orders that restrict our business or prevent us from offering certain products or services; |

| • |     | changes to our business model and practices; |

| • |     | delays to planned transactions, product launches, and improvements; and |

| • |     | damage to our brand and reputation. |

Because of our large end-user base, actions