# RISE IN RISK OF UNINSURED LOSSES

Coins, unlike bank accounts or other financial entities, are not insured unless the buyer takes out their own insurance. Consequently, there is no state insurer or private insurance offered by the corporation to give recourse to $BLK customers in the case of loss or loss of unit value. You may need a private key or a set of private keys in order to manage and exchange coins in your digital wallet. As a consequence, if you lose your wallet's private keys, you'll lose your $BLK. It is also possible for a third party to misappropriate your $BLK if they acquire access to your private key(s), for example, by accessing your digital wallet's login credentials.

The failure to properly maintain or operate the digital wallet you use to receive and store your $BLK, as well as any problems or malfunctions caused by or otherwise linked to that digital wallet, may result in the loss of your $BLK. It is also possible that your tokens will be lost if you don't follow the appropriate rules for purchasing, receiving, or negotiating the aforementioned tokens (for instance, by supplying the incorrect address for BLACKHOLE token delivery).

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