# Conflicts and Risk Disclosure This disclosure explains certain potential conflicts of interest and risks that may arise when you use the crypto-backed lending services of Shakepay Credit Inc. (“**Shakepay Credit**”, “**we**”, or “**us**”) together with other Shakepay services offered by Shakepay Inc. (“**Shakepay**”). It is intended to help you make informed decisions about using these products. #### Potential Conflicts of Interest 1. Incentive to promote multiple services Shakepay Credit and Shakepay are affiliated companies. Because both entities earn revenue from their respective services, Shakepay Credit may have an incentive to encourage you to use several Shakepay products (for example, the Shakepay Platform and a Shakepay Credit loan). To address this, we clearly separate our operations and compensation structures, and we do not pay or receive commissions or referral fees between Shakepay and Shakepay Credit for client activity. 2. Use of loan proceeds for speculation Crypto-backed loans are designed to provide liquidity without selling your crypto assets. Using borrowed funds to buy or trade crypto assets increases your exposure to market volatility and can lead to rapid losses. To reduce this risk, customers are required to explicitly confirm that loan proceeds will not be used to purchase, trade, or otherwise speculate on crypto assets, and that a loan will not be used to obtain the collateral securing it. Shakepay Credit may review account activity and follow up with customers if prohibited use is suspected. 3. Understanding costs, risks, and alternatives Crypto-backed lending carries unique risks, including the possibility of losing your collateral if its value declines. Before applying for a loan, you should carefully review the Loan Agreement and the Loan Risk Statement, which describe how the loan works, applicable fees and interest, and the risks of using crypto assets as collateral. You should also consider alternatives, such as traditional credit products, and ensure that this product is appropriate for your financial situation. Shakepay Credit does not provide financial, investment, tax, or legal advice. #### Our Commitment Shakepay Credit is committed to transparent communication and to managing conflicts of interest in your best interest. If any new or significant conflicts arise, we will update this disclosure and notify affected customers. *Last updated: April 21, 2026* --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://legal.shakepay.com/master/conflicts-and-risk-disclosure.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.