Master Legal Infrastructure

Volkov Intelligence Systems L.L.C. · Sandy, Utah, USA · Last updated July 26, 2026

1. Entity Scope & Governing Seat

Volkov Intelligence Systems L.L.C. operates Clarity Wallet, Universal Search (⌘K), Spark Rails, and related APIs. Registered seat and arbitration venue: Sandy, Utah, USA. Revision 2026.4 · Effective July 26, 2026. Unified version: 2026.4-global-unified.

2. Master Global Privacy Policy

See Section 2 — Privacy and standalone /privacy. GDPR/CCPA/UK Data Protection · FATF Travel Rule · EU MiCA data disclosures. DPO: dpo@volkovintelligence.com · privacy@volkovintelligence.com.

1. Scope & Data Controller

This Privacy Policy governs personal data processed by Volkov Intelligence Systems L.L.C. (registered seat: Sandy, Utah, USA) and its affiliates for the Clarity Wallet interface, Universal Search (⌘K), and Spark Rails.

For GDPR, UK GDPR, and CCPA/CPRA, the Data Controller is Volkov Intelligence Systems L.L.C. Data Protection Officer (DPO): dpo@volkovintelligence.com · Privacy requests: privacy@volkovintelligence.com

2. Overview & Non-Custodial Architecture

Clarity Wallet operates primarily as a non-custodial, client-side cryptographic interface. We do not store, hold, or transmit your private keys, BIP-39 recovery phrases, or unencrypted personal wallet data on our servers.

3. Information We Do Not Collect

Private Keys & Seed Phrases: Your 12- or 24-word BIP-39 seed phrase and derived HD wallet private keys never leave your local client device memory.

Unencrypted Financial Credentials: Full credit card numbers (PANs), CVVs, and raw bank account passcodes are never ingested, processed, or stored by Clarity servers.

4. Categories of Data Processed & Legal Grounds

We process personal data only when a clear legal basis exists under applicable global privacy laws.

Category	Specific Data Elements	Legal Basis (GDPR Art. 6)	Retention Period
Identity & Verification	Legal name, date of birth, government ID, tax IDs, facial biometric data (KYC vendors).	Legal Obligation (AML/CTF, FATF Travel Rule); Contract.	5–7 years post-account termination.
Technical & Device Data	IP address, browser fingerprint, OS specs, telemetry logs, API access keys.	Legitimate Interests (security, fraud prevention).	12 months rolling.
On-Chain & Transactional	Public wallet addresses, contract interactions, Spark session metadata, tokenization metadata (never full PAN/CVV).	Contract; Legitimate Interests.	Permanent where broadcast to public ledgers.
Communication Data	Support tickets, correspondence, registration forms.	Consent; Contract.	3 years post-resolution.

For fiat routing we also collect verified email, ISO country of residence, payment method flags (FedNow, ACH, SEPA, Card, Apple Pay, Google Pay), and masked identifiers. We do not sell data or use balances for advertising.

5. FATF Travel Rule & On-Chain Privacy

For digital asset transfers above applicable statutory thresholds (e.g., $1,000 USD / €1,000 EUR), required Originator and Beneficiary information may be transmitted to counterparty VASPs under FATF, EU MiCA, and U.S. FinCEN rules. Public blockchain records are permanent; GDPR erasure (Art. 17) cannot apply to decentralized ledgers.

6. Data Sharing & Third-Party Processors

We do not sell user data. Processors act only for order execution:

Fiat acquirers & banking rails: FedNow, ACH, SEPA, Visa, Mastercard, Apple Pay, and Google Pay partners under PCI-DSS SAQ-A parameters. Fiat checkout runs on Clarity Spark exclusively.
Compliance & fraud engines: Session telemetry for sanctions, card-testing, and illicit-activity screening.

7. International Data Transfers

Cross-border processing may occur in the United States and other regions. For EEA/UK/Swiss transfers without adequacy, we use EU Standard Contractual Clauses (SCCs), the UK IDTA, TLS 1.3 in transit, and AES-256 at rest where applicable.

8. Your Rights Across Global Jurisdictions

European Economic Area & United Kingdom: Access and portability (Art. 15/20); rectification and erasure (Art. 16/17); restriction and objection (Art. 18/21) where applicable.

California (CCPA/CPRA) & United States: Right to know categories collected; we do not sell personal information or share it for cross-context behavioral advertising; non-discrimination applies.

Submit verifiable requests to privacy@volkovintelligence.com. On-chain CLRTY-1, Ethereum, Bitcoin, and Solana records cannot be deleted.

9. Automated Decision-Making

We use automated risk scoring, fraud telemetry, and order validation. You may request human review of decisions with binding legal effect (e.g., sanctions-driven suspensions).

3. Master Terms of Service & Platform Agreement

See Section 3 — Terms and /terms. Eligibility, sanctions, non-custodial duties, Clarity Spark rails exclusively, warranty disclaimer, and ICDR/AAA arbitration seated in Sandy, Utah, USA.

1. Acceptance of Terms

By accessing Clarity (exchange.clarity-fintech.com), Universal Search (⌘K), or Spark Rails, you agree to this Agreement with Volkov Intelligence Systems L.L.C. (Sandy, Utah, USA). If you do not agree, do not use the Platform.

2. Eligibility & Restricted Jurisdictions

You are at least 18 (or age of majority) and not located in, resident of, or organized under comprehensive OFAC, EU, UN, or HM Treasury sanctions. You are not on SDN or equivalent embargo lists.

3. Pre-Launch Network Rules & Settlement Notice

Pre-Launch Status: CLRTY-1 mainnet TGE, native staking priority mesh, and 1-tap auto-node rewards remain frozen pending institutional funding and TGE triggers.

Pre-Launch Circuit Breakers: Native CLRTY mint, stake, and transfer may be halted automatically when launch guards trip (including HTTP 423 pre-launch freeze responses). Spark and partner banking rails may invoke operational circuit breakers during fraud spikes, liquidity stress, or acquirer downtime — checkout may pause without notice.

Pre-Launch Settlement: Fiat on-ramp/off-ramp via Spark settles in active liquid assets (USDC, USDT, ETH, SOL, BTC) — not native CLRTY until formal network launch. Pre-TGE use confers no immediate native token rights.

4. Non-Custodial Responsibility & Key Loss

You maintain sole responsibility for your seed phrase and password. Lost recovery phrases cannot be restored by Clarity or Volkov Intelligence Systems L.L.C. You release Clarity from liability for lost access, compromised clients, or unauthorized imports.

5. Prohibited Conduct

You shall not launder funds, manipulate markets, front-run, scrape unauthorized APIs, wash trade, or conduct card testing. High-frequency abuse outside documented API limits is prohibited.

6. End User License & Intellectual Property

Clarity grants a limited, non-exclusive, non-transferable license for lawful personal or institutional treasury use. Software, algorithms, smart contracts, and trademarks remain Company property. No reverse engineering or resale of Spark access without written authorization.

7. Spark Rails, Fees & Chargebacks

Spark supports FedNow, ACH, SEPA, Apple Pay, and Google Pay via regulated Clarity Spark partners. Protocol fees route 100% to treasury:clrty-1 operational utility (zero profit-sharing). See Spark disclosure.

Chargebacks, ACH returns (including $25 USD recovery fee where permitted), and bank reversals may suspend checkout, freeze pending dispatch, or trigger recovery debits.

8. Disclaimer of Warranties & Limitation of Liability

"AS IS" AND "AS AVAILABLE" DISCLAIMER: THE PLATFORM, APIS, AND DIGITAL UTILITIES ARE PROVIDED WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, SYSTEM RESILIENCE, OR NON-INFRINGEMENT.

+-----------------------------------------------------------------------------------+
|                            LIMITATION OF LIABILITY CLAUSE                         |
+-----------------------------------------------------------------------------------+
| TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL VOLKOV        |
| INTELLIGENCE SYSTEMS L.L.C., ITS DIRECTORS, OFFICERS, EMPLOYEES, OR AGENTS BE    |
| LIABLE FOR ANY INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, OR PUNITIVE DAMAGES   |
| (INCLUDING LOSS OF PROFITS, DATA, CRYPTOGRAPHIC ASSETS, OR NETWORK DOWNTIME),     |
| ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF THE PLATFORM.                    |
|                                                                                   |
| MAXIMUM AGGREGATE LIABILITY SHALL NOT EXCEED THE GREATER OF $100.00 USD OR THE    |
| TOTAL FEES PAID BY YOU TO THE COMPANY IN THE PRECEDING THREE (3) MONTHS.          |
+-----------------------------------------------------------------------------------+

9. Dispute Resolution & Binding Arbitration

Parties will attempt informal resolution for 30 days before arbitration. Disputes shall be settled by binding arbitration under ICDR / AAA International Arbitration Rules. The seat of arbitration is Sandy, Utah, USA. Language: English. Class action waiver: claims must be brought individually, not as a class or representative action.

4. Algorithmic & High-Frequency Risk Disclosure

Automated trading, liquidity routing, and algorithmic execution involve substantial financial risk including slippage, latency, and total loss. Smart contract, re-entrancy, flash-loan, fork, and node desynchronization risks apply. See /legal/risk.

1. Blockchain Protocol Risks

Decentralized networks, smart contracts, and Mini-Ex (Mini-Exchange) routes carry smart contract bugs, congestion, gas volatility, re-organizations, flash-loan attacks, and node desynchronization risks.

2. Asset Price Volatility & Execution

Digital assets are highly volatile. Spark and Mini-Ex quotes lock for up to 30 seconds; prices may move before settlement completes. Algorithmic routing and high-frequency conditions may cause slippage or total loss. Clarity makes no forecast on value or legal status.

3. Non-Custodial Operating Terms

Except under a signed enterprise custody agreement, users control private keys. The Company cannot reverse, halt, or roll back finalized on-chain transactions executed with user keys.

4. Regulatory Frameworks (Non-Advice)

References to U.S. SEC/CFTC guidance, EU MiCA, and U.S. FinCEN rules are informational only — not legal, tax, or investment advice. Operator: Volkov Intelligence Systems L.L.C., Sandy, Utah, USA.

5. Cookie & Automated Telemetry Notice

Functional session cookies and local storage for API authentication, locale, and RPC latency monitoring. Analytics telemetry only with consent where required (EU ePrivacy). See /legal/compliance#cookies-detail.

1. First-Party Technical Telemetry

Functional session cookies and local storage maintain API session authentication, localized settings, and RPC load-balancing telemetry. These are strictly necessary for core wallet operation.

2. Analytics & Performance Tracking

Non-identifying error-rate and throughput metrics may be processed with explicit prior consent where required under the EU ePrivacy Directive. Disable analytics in Settings → Privacy when the analytics toggle is shown.

3. Controller & Seat

Volkov Intelligence Systems L.L.C., Sandy, Utah, USA. Privacy: privacy@volkovintelligence.com · DPO: dpo@volkovintelligence.com.

6. Spark Regional Rails & Fiat On/Off-Ramp Disclosure

FedNow, ACH, SEPA, Visa/Mastercard, Apple Pay, Google Pay via licensed partners. Pre-launch settlement in USDC, USDT, ETH, SOL, BTC. Protocol fees: 100% to treasury:clrty-1 operational utility — zero profit-sharing, yield, or dividend programs. See /legal/spark-disclosure.

1. Independent Banking Operations

Spark Rails (FedNow, ACH Standard, SEPA Instant, Visa/Mastercard, Apple Pay, Google Pay) operate via licensed money transmitters, acquirers, and banking partners under the Clarity Spark program. Clarity is a non-custodial interface routing execution parameters only.

2. Pre-Launch Settlement Assets

Until CLRTY-1 TGE, Spark fiat checkout settles to USDC, USDT, ETH, SOL, and BTC in your self-custodial wallet per partner availability and jurisdiction.

3. Settlement Windows & Reversibility

Instant rails (FedNow, SEPA Instant, Apple/Google Pay): Typically seconds; on-chain dispatch is irreversible.

ACH Standard: 1–3 business day clearing; bank return codes may freeze pending crypto or trigger debit recovery.

4. Protocol Fee Allocation — 100% Treasury Utility

Spark checkout and Clarity protocol fees allocate 100% to treasury:clrty-1 on Chain 1202 for operational liquidity, gas relay, and network infrastructure.

No dividend, yield, staking-reward skim, or profit-sharing allocation from Spark clearing fees.
Clarity Spark is the sole in-house fiat processor — no hosted third-party checkout redirects.
Fee quotes and FX legs expire after 3000ms unless refreshed at checkout.

5. Worldwide Non-Custodial Access

Clarity Wallet software may be used globally for self-custodial connect, swap, and Spark sessions. The client does not implement a software geo-block analogous to custodial exchange embargoes; sanctions, KYC tiers, and partner acquirer rules apply at fiat capture only.

6. No Yield, Dividend, or Profit-Sharing

Spark and CLRTY-1 interfaces are operational utilities, not deposit, savings, or investment products. CLRTY confers functional network utility — not equity or guaranteed returns. Regulatory references (SEC Howey, EU MiCA utility tokens) are informational; see /legal/compliance#zero-profit-sharing-treasury.

7. Cross-Border Rails & Third-Party Rules

United States: FedNow, ACH, card wallets.

EU/UK: SEPA Instant/Standard, FPS where supported.

Global: On-chain settlement to USDC, USDT, ETH, SOL, BTC; local card via licensed acquirers.

Third-party money transmitters impose regional licensing and screening independent of non-custodial wallet software.

8. ACH & SEPA Return Policy

ACH Standard and SEPA returns may claw back pending crypto dispatch. A $25 USD (or EUR-equivalent) return/recovery fee may apply where permitted by partner rails and your jurisdiction. Repeated returns may suspend Spark checkout.

7. AML & KYC Policy Statement

Tiered KYC, OFAC/EU sanctions screening, FinCEN recordkeeping, FATF Travel Rule for qualifying VASP transfers. Contact legal@volkovintelligence.com. See /legal/aml-kyc.

1. Tiered Verification Model

KYC Tier · Micro: Email verification and country-of-residence for standard Spark purchases.

KYC Tier · Institutional/Advanced: Higher volumes trigger government ID, proof of address, and PEP screening via partner pipelines.

2. Automated Fraud & Sanctions Screening

Wallet destinations and fiat sessions are screened against OFAC SDN, EU sanctions, and illicit-address intelligence. Flagged mixer or sanctions links block Spark processing.

3. FinCEN, FATF Travel Rule & Recordkeeping

Where required under U.S. FinCEN MSB rules and partner obligations, verification steps, session metadata, and suspicious activity reports are maintained. Travel Rule disclosures apply to qualifying VASP transfers. This statement supplements — does not replace — partner bank policies.

4. Compliance Contact

AML/KYC inquiries: legal@volkovintelligence.com · compliance@clarity-fintech.com · Volkov Intelligence Systems L.L.C., Sandy, Utah, USA.

8. Non-Custodial Cryptographic Risk & Protocol Disclaimer

Users control private keys; finalized on-chain transactions cannot be reversed by the Company. Regulatory references (SEC/CFTC, MiCA, FinCEN) are informational only — not legal or investment advice.

1. Blockchain Protocol Risks

2. Asset Price Volatility & Execution

3. Non-Custodial Operating Terms

Except under a signed enterprise custody agreement, users control private keys. The Company cannot reverse, halt, or roll back finalized on-chain transactions executed with user keys.

4. Regulatory Frameworks (Non-Advice)

9. Binding Execution & Electronic Consent

By creating a wallet, authenticating via email OTP, completing Spark checkout, or calling authenticated APIs, you agree to this Master Legal Infrastructure under the U.S. ESIGN Act and Utah UETA. Electronic records satisfy writing requirements. Notices to legal@volkovintelligence.com or compliance@clarity-fintech.com at Sandy, Utah, USA constitute effective service where permitted by law.

10. Corporate Registry & Compliance Verification Index

Verify this stack via the index below and `GET /v1/legal/master`. Operator: Volkov Intelligence Systems L.L.C., Sandy, Utah, USA.

11. Worldwide Non-Custodial Software Access

Clarity Wallet (connect, swap, Spark checkout, Universal Search) is non-custodial client software distributed for global use with MetaMask-class wallet connectivity — the open-source client does not geo-fence software download or self-custodial signing. Public RPC, clrty-rpc, and Spark MCP surfaces are available to developers and autonomous agents worldwide subject to documented API rate limits, sanctions screening at fiat rails, and partner acquirer rules — not a blanket software embargo.

13. Cross-Border Fiat & On-Chain Rails

Region	Primary Spark rails	Notes
United States	FedNow, ACH Standard, Visa/Mastercard, Apple Pay, Google Pay	Partner MSB/acquirer KYC; OFAC screening
European Union / UK	SEPA Instant, SEPA Standard, FPS (where supported)	PSD2/PSR partner rules; MiCA disclosures via compliance funnel
Global	On-chain CLRTY-1 / EVM settlement; card where acquirer licensed	Third-party rails impose regional licensing — software access remains non-custodial

Spark is the exclusive Clarity fiat processor. See /legal/spark-disclosure.

14. Spark MCP & API Rate Limits

Authenticated Spark pay endpoints and Spark MCP tools enforce per-account and per-IP rate limits (default 40 checkout attempts per 300 seconds per account unless enterprise tier overrides). FX/fiat quote objects carry a 3000ms TTL; stale quotes must be refreshed before `POST /v1/spark/modal/checkout`. Abuse, scraping, or card-testing triggers circuit breakers and may suspend API keys. Integrators must display utility-non-security disclaimers in agent UIs. Contact compliance@clarity-fintech.com for enterprise MCP quotas.

15. Regulatory Attestation Matrix (Informational)

Topic	Operator attestation	User obligation
Non-custodial software	Volkov Intelligence Systems L.L.C. does not hold user private keys	Users secure seed phrases; irreversible on-chain txs
Spark fiat rails	Licensed partners execute money transmission	Users pass tiered KYC/OFAC at checkout
Protocol fees	100% treasury:clrty-1 utility; no profit-sharing	Fees disclosed pre-checkout; non-refundable clearing
Sanctions	OFAC/EU/UN lists screened at fiat sessions	Prohibited jurisdictions must not use Spark rails
Tax	Information returns where legally required	Users file in home jurisdiction
MCP/agents	Rate-limited utility APIs; not investment advice	Agents must not promise yield or securities returns

16. CLRTY-1 FIN-DATA — Native Telemetry & Zero-Knowledge AML (ZK-AML) Disclosure

CLRTY-1 FIN-DATA is the native financial-data telemetry channel emitted by CLRTY-1 nodes and the `clrty-rpc` layer (settlement clrty-1 / 1202). It records block/finality timing, mempool and fee-market statistics, validator liveness, and RPC latency for network health — it does not capture private keys, seed phrases, or raw KYC documents.

Node-level sanctions: Validators, archive nodes, and `clrty-rpc` ingress may apply policy-driven mempool and relay filters for addresses linked to OFAC SDN, EU consolidated sanctions, or UN embargo programs when operating Spark-adjacent clearing or FIN-DATA export paths. Nodes receive hashed watchlist updates and screening signals — not raw KYC documents — aligned with Section 7 — AML & KYC. Non-custodial self-custodial signing is unaffected; sanctions enforcement applies at fiat Spark capture, VASP counterparty proof, and optional node relay policy tiers.

Zero-Knowledge AML (ZK-AML): Where sanctions/KYC-tier status must be proven to a counterparty VASP or Spark partner, Clarity supports privacy-preserving ZK-AML attestations — succinct proofs that a wallet has passed tiered KYC/OFAC screening (see Section 7 — AML & KYC) without disclosing the underlying identity documents, balances, or transaction graph to the verifying party. ZK-AML proofs are generated client-side or by authorized compliance infrastructure and are logged for audit under the same recordkeeping duties as Section 7.

FIN-DATA telemetry and ZK-AML proof metadata are retained for 12 months rolling (telemetry) and per FinCEN/Travel-Rule recordkeeping schedules (ZK-AML attestations). See /legal/compliance#fin-data-telemetry.

17. ISO 20022 Message Standards & Spark Rail Mapping

Spark Regional Rails map fiat instructions to ISO 20022 message types for interoperability with banking-rail partners (FedNow, ACH, SEPA) and CLRTY-1 settlement finality. Spark is the exclusive fiat on/off-ramp integration.

ISO 20022 Message	Purpose	Spark Rail	CLRTY-1 Settlement Leg
`pain.001` (Customer Credit Transfer Initiation)	User-initiated fiat on-ramp instruction	FedNow / ACH / SEPA Instant	Mint/route to self-custodial wallet post-clearing
`pacs.008` (FI to FI Customer Credit Transfer)	Interbank settlement leg between acquirer and partner bank	FedNow / SEPA Instant	Triggers Spark checkout confirmation webhook
`pacs.002` (Payment Status Report)	Accept/reject/pending status for an initiated transfer	ACH / SEPA / Card networks	Circuit-breaker and pre-launch freeze (HTTP 423) status sync
`camt.053` (Bank to Customer Statement)	End-of-day reconciliation statement	ACH / SEPA	Reconciliation against Spark ledger and treasury vault allocation
`camt.054` (Bank to Customer Debit/Credit Notification)	Real-time notification of posted debit/credit	FedNow / SEPA Instant	Real-time balance/session update in wallet UI
`pain.008` (Customer Direct Debit Initiation)	ACH return / chargeback recovery debit	ACH Standard	Pending-dispatch freeze or recovery debit (see Section 7 — Spark Rails, Fees & Chargebacks)

ISO 20022 field mapping (`purpose code`, `remittance information`) is preserved for AML/Travel-Rule screening but does not expose on-chain wallet addresses to the banking rail beyond what is required for settlement. See /legal/spark-disclosure.

18. Tax Reporting & Data Exports

Clarity is a non-custodial interface and does not provide tax advice. Where required by law (e.g., U.S. digital-asset broker information returns), the Company or its designated processors may issue applicable information returns (including Form 1099-DA analogs) for in-scope Spark fiat transactions and, where applicable, gross proceeds from supported on-chain activity.

Self-service tax exports: Wallet users may generate CSV and PDF transaction exports (timestamps, asset, quantity, USD-equivalent fair value, fee allocation) covering Spark on/off-ramp activity and on-chain transfers visible to the wallet, for use with third-party tax software. Exports are generated client-side or via authenticated API and are not shared with tax authorities except where legally compelled or where the Company issues an information return.

Records supporting exports and information returns are retained for 5–7 years consistent with Section 4 — Categories of Data Processed. Tax residency and reporting obligations vary by jurisdiction (U.S. IRS, EU MiCA/DAC8, and other regimes); users are responsible for their own filings. Questions: legal@volkovintelligence.com · compliance@clarity-fintech.com, Volkov Intelligence Systems L.L.C., Sandy, Utah, USA.