Clause 6.8 - A Risk Hidden in Plain Sight

Clause 6.8 of Kinesis' Terms & Conditions allows the platform to unilaterally reverse transactions deemed "erroneous". But what happens when such reversals occur months later, without explanation - and only after significant profits have been made by a user?

What Clause 6.8 Says

"Kinesis reserves the right, at its sole discretion, to reverse any transaction determined to have been executed due to mispricing, erroneous or unintended trading conditions, and to claw back any funds, assets, or profits gained as a result of such transactions, with the intent of restoring the Parties to the financial position they would have been in had the error not occurred, including taking such actions without prior notice if necessary to protect the financial integrity of Kinesis."

Clauses like this exist in financial contracts - but their wording, scope, and timing must be clear and fair.

Timeline of Events

During those two months, the trades remained visible, settled, and uncontested. The reversal came only after substantial profit was realized - and after prolonged silence.

The Structural Risk

Clause 6.8, applied retroactively and without timely communication, introduces a systemic risk for every user:

• What if your past trades are reversed weeks or months later?
• What if any transaction can be undone, depending on its profitability?
• How do you trust a system that lacks predictable resolution procedures?

Wider Implications

This clause doesn't just affect traders. It undermines the integrity of long-term investors, the credibility of Kinesis as an asset-backed system, and the perceived fairness of its market operations.

Why Clause 6.8 Is a Problem for Everyone

Clause 6.8 allows Kinesis to cancel trades - even after completion - if it decides they occurred under "wrong" conditions. The company doesn't have to explain why, and doesn't need the user's consent.

The Real Issues

• It didn't exist when many users joined. The clause was added later, quietly, and without proper notice.
• It can be applied at any time. There's no limit on how far back Kinesis can go to cancel trades.
• It's vague and one-sided. Kinesis defines what counts as an "error" and can retain the profit when it suits them.

Is That Fair?

In most jurisdictions, financial services must provide clear terms, advance notice, and customer protection. Clause 6.8 appears to ignore all three.

This Affects Every User

Whether you're a trader or a long-term investor, this clause means your assets are never truly secure. If something goes wrong - or even too well - Kinesis can undo it.

This isn't transparency. It's risk, hidden in plain sight.

Conclusion

Trust isn't just about security - it's about transparency, consistency, and timely communication.

When profit leads to silence, and silence leads to retroactive punishment, users are left in an unpredictable system.

THIS IS NOT SOUND MONEY

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