⚠️ Draft — pending legal review
This document has not yet been reviewed by counsel. It is published here for review purposes only and is not the final form of this Risk Disclosure.
Last updated: May 21, 2026
Zaptrain provides software that enables merchants to accept Bitcoin payments over the Lightning Network using a self-custodial Lexe wallet. Using Bitcoin and the Lightning Network involves material risks. Read this disclosure carefully before using the Service. By using the Service, you acknowledge that you understand and accept these risks.
Your Bitcoin is held in a Lexe self-custodial Lightning wallet that you control via credentials you generate in the Lexe app. Zaptrain does not custody, control, or have unencrypted access to your funds. If you lose access to your Lexe credentials and any associated recovery materials, your funds may be permanently inaccessible. You are solely responsible for backing up and protecting your credentials.
The market price of Bitcoin can fluctuate significantly over short periods. The fiat value of any payment you receive may differ materially from the value at the time the invoice was issued or the payment was initiated. We do not provide hedging, price-locking, or fiat conversion.
Lightning Network payments are generally final and irreversible once they settle. There is no chargeback or dispute mechanism comparable to credit-card networks. You should independently confirm that goods or services have been delivered before relying on payment as final, and consider your refund policy accordingly.
Lightning Network payments depend on routing across third-party nodes. Payments may fail, be delayed, or be subject to fluctuating routing fees. Channel liquidity, network congestion, and node availability can all affect payment success. We do not guarantee that any specific payment will route successfully.
The Service depends on third-party providers including Lexe (wallet infrastructure), Supabase, Vercel, Fly.io, and Resend. Outages, errors, or security incidents at any of these providers may interrupt the Service or affect your ability to generate invoices, receive payments, or send notifications. We are not liable for failures of third-party providers.
The Service is software and may contain bugs, errors, or security vulnerabilities. Bitcoin and Lightning Network protocols themselves continue to evolve and may be subject to undiscovered flaws. While we take reasonable measures to identify and address security issues, we cannot guarantee that the Service or the underlying protocols will operate without error.
The regulatory treatment of Bitcoin, Lightning Network payments, and merchant acceptance varies by jurisdiction and is evolving. Future laws, regulations, or interpretations may restrict, tax, or prohibit your use of the Service. You are responsible for understanding and complying with the laws applicable to you, including sanctions, anti-money-laundering, and consumer protection laws.
You are solely responsible for determining what taxes apply to your receipt or use of Bitcoin and for reporting and paying those taxes. We do not provide tax advice and do not issue tax forms unless required by applicable law.
Bitcoin held in your Lexe wallet is not insured by the U.S. Federal Deposit Insurance Corporation (FDIC), the Securities Investor Protection Corporation (SIPC), or any comparable scheme in any jurisdiction. Loss of funds, whether due to theft, fraud, software error, key loss, or any other cause, may be uninsured and unrecoverable.
Nothing on the Service, in our documentation, or in any communication from us constitutes financial, investment, legal, or tax advice. You should consult your own professional advisors before deciding whether accepting Bitcoin via the Service is appropriate for your circumstances.
By using the Service, you acknowledge that you have read, understood, and accepted these risks, and that you assume sole responsibility for the consequences of using Bitcoin and the Lightning Network through the Service.