If Circle suspects or determines that you or any of your authorized users or customers, as applicable, have violated this these Terms, including, but not limited to, attempting to transact or transacting with Blocked Addresses (as defined in Section 13) or attempting to engage or engaging in Restricted Activities or Prohibited Transactions, and you have a Circle Account, then Circle may be forced to terminate your Circle Account and you may forfeit any USD funds otherwise eligible for redemption.

In the event that you send USDC to a Blocked Address, or receive USDC from a Blocked Address, Circle may freeze such USDC and take steps to terminate your USDC Account. In certain circumstances, Circle may deem it necessary to report such suspected illegal activity to applicable law enforcement agencies and you may forfeit any rights associated with your USDC, including the ability to redeem USDC for USD.

Circle reserves the right to monitor and, if appropriate, block or otherwise prevent transactions that relate to:

a) any Restricted Persons; b) weapons of any kind, including but not limited to firearms, ammunition, knives, explosives, or related accessories; c) controlled substances, including but not limited to narcotics, prescription drugs, steroids, or related paraphernalia or accessories, unless licensed and authorized by the jurisdiction in which the User is based as well as by the jurisdiction in which the transaction takes place; d) gambling activities including but not limited to sports betting, casino games, horse racing, dog racing, games that may be classified as gambling (i.e. poker), or other activities that facilitate any of the foregoing, unless licensed and authorized by the jurisdiction in which the User is based as well as by the jurisdiction in which the transaction takes place; e) money-laundering or terrorist financing; f) any sort of Ponzi scheme, pyramid scheme, or multi-level marketing program; g) goods or services that infringe or violate any copyright, trademark, or proprietary rights under the laws of any jurisdiction; h) credit repair services, or other services that may present consumer protection risks; i) court ordered payments, structured settlements, tax payments, or tax settlements; j) any unlicensed money transmitter activity; k) layaway systems, or annuities; l) counterfeit goods, including but not limited to fake or “novelty” IDs; m) wash trading, front-running, insider trading, market manipulation or other forms of market-based fraud or deceit; n) purchasing goods of any type from “Darknet” markets, or any other service or website that acts as a marketplace for illegal goods (even though such marketplace might also sell legal goods); or o) any other matters, goods, or services that from time to time we communicate to you that are unacceptable and which, for example, may be restricted by our and your bank or payment partners

In the event that Circle learns you are making any such Prohibited Transactions, Circle will consider it to be a violation of these Terms and may also suspend or terminate your Circle Account, which can result in the potential forfeit of any US Dollar funds otherwise eligible for redemption.