Due to various restrictions in different national and international regulations, we didn’t take any unnecessary legal risk by allowing residents from some jurisdictions to participate in the token swap.
Some countries had forbidden any crypto-asset related activities making it illegal for their citizens to use or any organisation to provide this kind of services. Another reason were countries under international sanctions. In these cases, we couldn’t provide the investor with CNG tokens without both of us breaking the law.
Therefore citizens and residents of and persons located in Algeria, Bangladesh, Bolivia, Cambodia, Colombia, Ecuador, Egypt, Indonesia, Iran, Japan, Morocco, Nepal, Pakistan, Saudi Arabia, Syria and or the United States of America (USA), as well as Puerto Rico and the Virgin Islands and any other US possessions, were prohibited from participating in the token swap.
Technical restrictions were applied and if circumvented, there was no obligation for Change to deliver any of the benefits or the CNG tokens itself to token holders from these countries.