KWC disclosures

KWC compliance status

This is not legal or tax advice and is not a determination of regulatory status. KillerWhale does not represent that KWC has received SEC, CFTC, FinCEN, IRS, state money-transmitter, exchange or broker-dealer approval. Software implements controls and transparency; qualified professionals make legal and tax determinations.

Review gates

KWC_SECURITIES_REVIEW

Securities-law review

REVIEW_REQUIRED

Federal and state securities law. COUNSEL REVIEW REQUIRED. No company-controlled public KWC offering, sale or other distribution reasonably requiring securities-law analysis may be activated.

KWC_MSB_BSA_REVIEW

FinCEN / BSA / money-transmission review

REVIEW_REQUIRED

FinCEN, BSA and state money-transmission law. COUNSEL REVIEW REQUIRED. No custody of customer assets, exchange, fiat conversion, transmission for customers, merchant settlement, redemption, hosted customer wallet or customer asset routing may be operated.

KWC_SANCTIONS_COMPLIANCE

OFAC / sanctions compliance review

REVIEW_REQUIRED

OFAC and sanctions law. COUNSEL REVIEW REQUIRED. No regulated company-operated financial service may launch. The existence of this flag is not a representation of OFAC compliance.

KWC_POD_REWARD_REVIEW

KW-PoD discovery-reward review

REVIEW_REQUIRED

Cross-regime (securities, tax, money transmission, sanctions). COUNSEL AND CPA REVIEW REQUIRED. Economic mainnet KW-PoD rewards may not be made publicly available. Protocol development and testing are unaffected.

KWC_1099_DA_CLASSIFICATION

1099-DA readiness classification

NOT_EVALUATED

COUNSEL AND CPA REVIEW REQUIRED. No feature that may constitute broker activity may be activated before a documented determination exists. No tax form is generated by this software.

Feature availability

  • Public KWC sale or distribution for consideration

    DISABLED_PENDING_REVIEW

    Fail-closed: 4 gate(s) not documented as cleared. A disclaimer is never a substitute for registration, exemption or licensing.

  • Buy KWC with fiat

    DISABLED_PENDING_REVIEW

    Fail-closed: 4 gate(s) not documented as cleared. Architecture may exist; public financial operation stays disabled.

  • Sell KWC for fiat

    DISABLED_PENDING_REVIEW

    Fail-closed: 4 gate(s) not documented as cleared. Architecture may exist; public financial operation stays disabled.

  • Company-operated KWC exchange

    DISABLED_PENDING_REVIEW

    Fail-closed: 4 gate(s) not documented as cleared. Exchange functionality is regulated activity.

  • KWC swap

    DISABLED_PENDING_REVIEW

    Fail-closed: 4 gate(s) not documented as cleared. The swap architecture contract exists; execution stays disabled.

  • Custody of customer assets

    DISABLED_PENDING_REVIEW

    Fail-closed: 3 gate(s) not documented as cleared. The current wallet is self-custody; no hosted customer wallet exists.

  • Transmission of customer assets

    DISABLED_PENDING_REVIEW

    Fail-closed: 3 gate(s) not documented as cleared. No transmission-for-customers path is implemented.

  • Company redemption of KWC

    DISABLED_PENDING_REVIEW

    Fail-closed: 4 gate(s) not documented as cleared. No redemption path is implemented.

  • Yield product

    DISABLED_PENDING_REVIEW

    Fail-closed: 4 gate(s) not documented as cleared. No yield, APY or APR is offered, modelled or displayed.

  • Profit sharing

    DISABLED_PENDING_REVIEW

    Fail-closed: 2 gate(s) not documented as cleared. Holding KWC conveys no right to company profits.

  • Revenue sharing

    DISABLED_PENDING_REVIEW

    Fail-closed: 2 gate(s) not documented as cleared. Holding KWC conveys no right to company revenue.

  • Investment-like staking product

    DISABLED_PENDING_REVIEW

    Fail-closed: 4 gate(s) not documented as cleared. Validator bonding for protocol operation is not a customer staking product.

  • Public economic KW-PoD mainnet rewards

    DISABLED_PENDING_REVIEW

    Fail-closed: 5 gate(s) not documented as cleared. Rewards release pre-existing Discovery Reserve units and never mint KWC.

  • NETWORK STATUS

    Network status — KWC mainnet is live

    KWC MAINNET is live on chain 7598454 and its blocks, transactions and balances are authoritative. A separate CONTROLLED TESTNET operates on chain 7591; testnet KWC has no monetary value. No price, market, return or economic guarantee is made for KWC on any network.

  • NO INVESTMENT

    Not an investment product

    KWC is not offered as an investment. It is not stock, equity, a share of profit or revenue, a note, a debt instrument or a managed product. No return, yield, APY, APR, price, appreciation, profit or financial outcome is promised, projected or implied. Nothing here is an offer or solicitation.