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Economy => Service Discussion => Topic started by: European Central Bank on April 29, 2017, 03:46:16 PM



Title: what are the weirdest/worst terms & conditions you've seen?
Post by: European Central Bank on April 29, 2017, 03:46:16 PM
i'm guessing almost all of us never bother to read the terms and conditions of the crypto businesses we sign up with, but there must be some classics out there.

obviously the usdt thing has shown us that their terms basically absolve them of any guilt if they screw up. what other examples have you seen?

i was looking  into coinsbank today and noticed that if i want to delete my account i have to pay them 200 euros for the honor.

what else have you spotted?


Title: Re: what are the weirdest/worst terms & conditions you've seen?
Post by: Avirunes on April 29, 2017, 04:29:08 PM
I am really glad someone brought this up. It will really make guys here to read T&C before signing up for services.

I saw the wierdest when I was checking T&C of Powerbet (scam site) and saw this Section D (Accounts) : Point #15

Quote from:  T&C (Powerbet)
Inactive accounts means players' accounts which have not recorded any log in and/or log out for a period exceeding 12 consecutive months. PowerBet reserves the right to charge an inactive account fee for 0.01 BTC per month. The administrative charge will be imposed on the betting account of the player.
 
The first fee for inactive accounts will be deducted following 12 months of inactivity. All consecutive fees for inactive accounts will be deducted on a monthly basis until the betting account balance reaches zero.



Title: Re: what are the weirdest/worst terms & conditions you've seen?
Post by: European Central Bank on April 29, 2017, 04:35:16 PM
that example reminds me of this

https://www.reddit.com/r/litecoin/comments/67weml/cexio_got_screwed_for_all_of_my_litecoins/