SoFi Bitcoiner Sweeps OFFICIAL RULES
NO PURCHASE OR PAYMENT NECESSARY TO ENTER OR WIN. A PURCHASE OR PAYMENT OF ANY KIND WILL NOT INCREASE YOUR CHANCES OF WINNING.
ENTRY INTO THIS SWEEPSTAKES CONSTITUTES YOUR ACCEPTANCE OF THESE OFFICIAL RULES AND THE DECISIONS OF SOFI, WHICH SHALL BE FINAL IN ALL RESPECTS. SWEEPSTAKES IS GOVERNED BY U.S. LAW AND IS SUBJECT TO ALL FEDERAL, STATE AND LOCAL LAWS, REGULATIONS, AND ORDINANCES.
ENTRY PERIOD: The SoFi Bitcoiner Sweeps (“Sweepstakes”) begins at 12:00:00 am Eastern Time (ET) on March 21, 2022 and ends at 11:59:59 pm ET on March 29, 2022 (“Entry Period”).
ELIGIBILITY: To be eligible for this Sweepstakes, and at the time of entry, you must be a legal resident of the 50 United States or the District of Columbia age 18 years of age or older at time of entry (collectively referred to as an “Entrant”). Employees of Social Finance, Inc. (the “Sponsor” or “SoFi”), and its respective parent company, subsidiaries, affiliated or successor companies; subsidiaries, distributors, dealers, sales representatives, web masters/suppliers, advertising and promotional agencies, anyone associated with the development, implementation or execution of this Sweepstakes (collectively referred to hereafter as the “Sweepstakes Entities”), and members of the immediate families (defined as: spouse, biological, adoptive and step-parents, grandparents, siblings, children and grandchildren, and each of their respective spouses, regardless of where they reside) or households (whether related or not) of any of the above are not eligible. Void where prohibited or restricted by law.
WINNER SELECTION & ODDS: One (1) winner will be randomly selected from all eligible entries received during the Entry Period. Random drawing conducted on or about March 30, 2022, by the Administrator whose decisions are final and binding. Odds of winning are determined by the number of eligible Entries received during the Entry Period.
WINNER NOTIFICATION & VERIFICATION: Potential winner will be notified by email on or about March 31, 2022, and will be required to complete and return an Affidavit of Eligibility/Liability/Publicity Release plus an IRS W9 Form which must be completed, signed, and returned to Administrator within three (3) days from date on notification. At the sole discretion of the Sponsor, disqualification, forfeiture and the election of an alternate winner may result from any of the following:  potential winner’s failure to respond to email notification within three (3) days after emailing/transmission;  the return of an email notification or message as undeliverable; (3) the receipt of any other notice from Sponsor or an undeliverable prize;  potential winner’s failure to provide Sponsor with satisfactory proof of age, identity and residency;  potential winner’s failure to execute and return within three (3) days after its deployment or mailing notification an Affidavit of Eligibility/Liability/Publicity Release and/or any required documents;  potential winner’s failure to claim prize within three (3) days after he or she is confirmed the winner; and  any other non-compliance with the Official Rules. In the event of prize forfeiture, the Sponsor may, in its sole discretion, award or not award the forfeited prize to an alternate winner. Sponsor shall have no liability if notification is lost, intercepted, or not received for any reason. Sponsor is not responsible for any change in Entrant’s email account or other contact information after entering the Sweepstakes.
POTENTIAL WINNER IS SUBJECT TO VERIFICATION BY SPONSOR AND ITS ADMINISTRATOR. AN ENTRANT IS NOT A WINNER UNLESS AND UNTIL HE/SHE HAS BEEN VERIFIED AND NOTIFIED THAT THE VERIFICATION IS COMPLETE.
GRAND PRIZE DETAILS: One (1) Grand Prize will be awarded. Grand Prize winner will receive a 3 day/2-night trip for the winner and up to three (3) guests to attend the Bitcoin 2022 Main Conference (“Event”) in Miami, FL, 4 tickets to the SoFi Afterparty at LIV Nightclub, and $5,000 in SoFi Rewards Points. Approximate retail value (“ARV”) of Grand Prize: $20,000. If actual value of prize is lower than the ARV stated herein when prize is procured and fulfilled, the difference will not be awarded. Grand Prize winner must accept prize in its entirety or forfeit all rights to prize.
The $5,000 in SoFi Rewards Points portion of the prize will be deposited into the winner’s account, and is redeemable for Bitcoin via SoFi Active Invest. If winner does not have a SoFi Active Invest account, he or she can open a SoFi Active Invest account for free prior to prize awarding. Points may be redeemed for $.01 each into SoFi Money, SoFi Invest, or eligible SoFi loans or for $0.005 for SoFi credit card statement credit and are subject to the terms governing the SoFi Reward Points program, including any pending and/or verification period stipulated by Sponsor. Winner can redeem SoFi Rewards Points through the SoFi mobile phone app. Rewards Points may be redeemed: (i) for any promotional offer listed on the “Redeem Points” page, or (ii) for cash deposited into winner’s SoFi Money Account, shares (fractional or whole shares) credited to your SoFi Invest Account, or cash applied to the outstanding balance of your SoFi Student Loan Refinance or SoFi Personal Loan. Winner cannot redeem SoFi Rewards Points if his or her SoFi Credit Card Account is cancelled or past due.
Trip portion of prize consists of round-trip economy class airfare for winner and up to three (3) guest(s) from/to a major commercial airport nearest to winner’s primary residence to/from Miami Fl, double occupancy hotel accommodations for two (2) nights (two rooms (total) and room tax only); and up-to-four (4) tour tickets to attend the 2022 Bitcoin Main Conference and four (4) tour tickets to attend SoFi After Party at LIV. Air transportation will be replaced with ground transportation for winner and any guest residing within a one hundred and fifty (150) mile radius of Miami as determined by Sponsor at its sole discretion. All meals, ground transportation (other than as noted), taxes, gratuities, incidentals, upgrades, service charges or other expenses not specified herein are not included and are the sole responsibility of the winner and/or each guest. All prize details are at Sponsor’s sole discretion. Event and After Party tickets awarded herein cannot be resold, offered for resale, or used for any commercial or promotional purpose whatsoever. Sponsor is not responsible for any flight or transportation delay/cancellation, and not liable for any expenses incurred because of such delay/cancellation. No substitution offered, no transfer of prize to a third party is permitted and prize may not be redeemed for cash value, except by Sponsor, who reserves the right in its sole discretion to substitute any portion of prize for a prize of comparable or greater value. All taxes, fees, federal, state, local or other expenses relating to the use, acceptance and possession of any prize portion awarded herein are the sole responsibility of winner. An IRS form 1099 will be filed in the name of the winner for the retail value of the prize.
Arrangements for the fulfillment of trip portion of prize will be made by Sponsor and/or its designated agent. Winner and guest(s) must travel together on the same itinerary, and dates specified by the Sponsor or forfeit all rights to the trip. Event, After Party, travel, hotel, and other accommodations are subject to availability. Certain restrictions may apply. Winner acknowledges that the Event and After Party are beyond the control of the Sponsor and is subject to being rescheduled, modified, or canceled. In the eventuality the Event and/or After Party is postponed or canceled, no compensation or substitution will be provided, and the Sponsor shall have no further obligation to the winner other than to supply a trip to Miami city minus the Event and After Party tickets. Should this be the case, trip must be taken within ten (10) months from the date of winner’s verification. If for any reason whatsoever, the winner and/or any guest are unable to travel or attend the tour for any reason whatsoever after all travel arrangements have been made and paid, the Sponsor shall have no further obligation to winner and/or any guest. Winner and guests are responsible for obtaining proper documentation (i.e., valid photo ID, proof of vaccination, etc.), prior to travel. If winner is an eligible minor in his/her state of residence, a parent or legal guardian will be required to complete and return all required documents on minor’s behalf. Guests must be 18 or older and will be required to execute and return a Liability/Publicity Release prior to travel. Except where prohibited by law, entry and acceptance of prize constitute permission for Sponsor and its agents to use winner’s name, prize won, hometown, likeness, video tape, photographs, and statements for purposes of advertising, promotion, and publicity (including online posting) in all media now or hereafter known throughout the world in perpetuity, without additional compensation, notification, or permission. Furthermore, Sponsor and/or its agents may film, record and/or take photographs of the winner (and guest(s)) before/during/after the Event and/or After Party, and may use the resulting footage, recordings, or photographs for a range of purposes, including, without limitation, for marketing and promoting Sponsor and/or its promotion partners/agents and their respective products and services. No additional compensation will be provided for any resulting footage.
Winner and his or her guests agree to comply with all applicable Event and After Party venue regulations in connection with the prize. The Event and After Party venues reserve the right to remove or to deny entry to the winner and/or any guest who engage in a non-sportsmanlike or disruptive manner or with intent to annoy, abuse, threaten, or harass any other person at the Event and/or After Party. The Sponsor will not be responsible for weather conditions; acts of God; acts of terrorism; civil disturbances; local, state, or federal regulation, order, or policy; work stoppage; epidemic, pandemic, or any other issue concerning public health or safety; or any other event outside of their control that may cause the cancellation or postponement of, or the restriction the Event and/or After Party. Admission to Event and/or After Party venues is subject to all rules, requirements, and policies, including, without limitation, all security, fan conduct, and safety and health requirements and policies, put in place by each venue, including requirements relating to face masks and enhanced health screenings (which may include a requirement that ticket holders be tested for COVID-19 prior to or during the Event and/or After Party or provide proof of full vaccination against COVID-19 prior to attending the Event and/or After Party) as they may be updated from time to time. The winner and winner’s guest(s) must also comply with all applicable laws, policies, orders, protocols, and guidelines issued by federal, state, and local authorities respecting COVID-19 and other communicable diseases, and Event and/or After Party attendance is conditioned on such compliance. Receiving the prize is contingent upon compliance with these Official Rules and passing any required background check to the Sponsor’s satisfaction in the Sponsor’s sole discretion.
CONSENT AND RELEASE: To the fullest extent possible in law, Entrants and any coordinating entity, and on behalf of their respective heirs, executors, administrators, legal representatives, successors and assigns (“Releasing Parties”), release, defend and hold harmless the Sweepstakes Entities and their associated companies and directors, including but not limited to its respective parent, subsidiary, affiliated or successor companies and their respective owners, members, shareholders, officers, directors, partners, equity holders, agents, representatives, employees and all others associated with the development and execution of this Sweepstakes (collectively, “Releasees”) from and against any and all claims, actions, causes of action, suits, liabilities, debts, dues, sums of money, accounts, reckonings, bonds, bills, specialties, covenants, contracts, controversies, agreements, promises, variances, trespasses, lost profits, indirect or direct damages, consequential damages, incidental damages, punitive or exemplary damages, judgments, extent, executions, claims and demands whatsoever, in law, admiralty or equity, whether known or unknown, foreseen or unforeseen, against Releasees which any one or more of the Releasing Parties ever had, now have or hereafter can, shall or may have which in any way arise out of or result from Entrant’s participation, acceptance and use or misuse of prize or resulting from any travel related activity (if determined the winner).
By participating in this Sweepstakes, each Entrant expressively waives and relinquishes all rights and benefits afforded by California Civil Code 1542 and does so understanding and acknowledging the significance of this waiver. Section 1542 states as follows: “A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS THAT THE CREDITOR OR RELEASING PARTY DID NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE AND THAT, IF KNOWN, BY HIM OR HER, WOULD HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR OR THE RELEASED PARTIES.”
ARBITRATION: This Sweepstakes is governed by and interpreted under the laws of the State of California, U.S.A., without regard to its conflicts of laws provisions. Entrant hereby agrees that any and all disputes, claims, causes of action, or controversies (“Claims”) arising out of or in connection with this Sweepstakes or the prize shall be resolved, upon the election by Entrant or Sponsor, by arbitration pursuant to this provision and the code of procedures of either the National Arbitration Forum (“NAF”) or the American Arbitration Association (“AAA”), as selected by the Entrant. IF ARBITRATION IS CHOSEN BY ANY PARTY WITH RESPECT TO A CLAIM, NEITHER PARTY WILL HAVE THE RIGHT TO LITIGATE THAT CLAIM IN COURT OR HAVE A JURY TRIAL ON THAT CLAIM. FURTHER, NEITHER SPONSOR NOR ENTRANT WILL HAVE THE RIGHT TO PARTICIPATE IN A REPRESENTATIVE CAPACITY ON BEHALF OF THE GENERAL PUBLIC OR OTHER PERSONS SIMILARLY SITUATED, OR AS A MEMBER OF ANY CLASS OF CLAIMANTS PERTAINING TO ANY CLAIM SUBJECT TO ARBITRATION. EXCEPT AS SET FORTH BELOW, THE ARBITRATOR’S DECISION WILL BE FINAL AND BINDING. NOTE THAT OTHER RIGHTS THAT ENTRANT WOULD HAVE IF ENTRANT WENT TO COURT ALSO MAY NOT BE AVAILABLE IN ARBITRATION. ANY CLAIMS, JUDGMENTS AND/OR AWARDS SHALL BE LIMITED TO ACTUAL OUT-OF-POCKET COSTS ASSOCIATED WITH ENTERING THIS SWEEPSTAKES. ENTRANT HEREBY WAIVES ANY RIGHTS OR CLAIMS TO ATTORNEY’S FEES, INDIRECT, SPECIAL, PUNITIVE, INCIDENTAL OR CONSEQUENTIAL DAMAGES OF ENTRANT, WHETHER FORESEEABLE OR NOT AND WHETHER BASED ON NEGLIGENCE OR OTHERWISE. The arbitrator’s authority to resolve Claims is limited to Claims between Sponsor and Entrant alone, and the arbitrator’s authority to make awards is limited to awards to Sponsor and Entrant alone. Furthermore, claims brought by either party against the other may not be joined or consolidated in arbitration with Claims brought by or against any third party, unless agreed to in writing by all parties. No arbitration award or decision will have any preclusive effect as to issues or claims in any dispute with anyone who is not a named party to the arbitration. Notwithstanding any other provision in these Official Rules and without waiving either party’s right to appeal such decision, if any portion of this provision is deemed invalid or unenforceable, then the entire provision (other than this sentence) shall not apply. In the event there is a discrepancy or inconsistency between disclosures or other statements contained in any Sweepstakes-related materials or made by any representative of Sponsor, and the terms and conditions of use and these Official Rules, these Official Rules shall prevail, govern, and control.
SPONSOR: Social Finance Inc., 234 First Street, San Francisco, CA 94105.
ADMINISTRATOR: Ventura Associates International LLC, 494 Eighth Avenue, Suite 1700, New York, NY 10001.
SEVERABILITY: The invalidity or unenforceability of any provision of these Official Rules shall not affect the validity or enforceability of any other provision. In the event any provision is determined to be invalid or otherwise unenforceable or illegal, these Official Rules shall otherwise remain in effect and shall be construed in accordance with their terms as if the invalid or illegal provision were not contained herein.
WINNER’S LIST: For a copy of the winner’s name (available after April 30, 2022), send a self-addressed, stamped envelope by April 30, 2022 to: SoFi Bitcoiner Sweeps Sweepstakes Winner’s Name Request, c/o: Ventura Associates International LLC, 494 Eighth Avenue – Dept: DE, Suite 1700, New York, NY 10001.
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Social Finance Inc. 234 1st St., San Francisco, CA 94105