Digital Assets are complex and high-risk investments. They are highly volatile and can lose value rapidly. You should only invest in Digital Assets if you understand the risks involved and can afford to lose your entire investment.
Volatility: Digital Asset prices can fluctuate unpredictably. This means that you could lose all of your investment in a short period of time.
Liquidity: Digital Assets may be difficult to sell or exchange, particularly in times of market stress. This means that you may not be able to access your investment when you need it.
Regulation: The regulation of Digital Assets is still evolving and is uncertain in many jurisdictions. This could lead to changes in the way Digital Assets are treated, which could adversely affect your investment.
Fraud and cybercrime: Digital Assets are a target for fraud and cybercrime. If you lose your Digital Assets to fraud or cybercrime, it is unlikely that you will be able to recover them.
Lack of underlying value: Some Digital Assets do not have any underlying assets or revenue streams. This means that their value is derived solely from the willingness of other people to buy them.
Technology risk: Digital Assets are based on complex technology. If there are problems with the technology, this could lead to the loss of your investment.
Counterparty risk: When you use a Digital Asset exchange or other service provider, you are relying on that third party to protect your investment. If the third party fails, you could lose your investment.
Investment advice: sFOX does not provide investment advice. You should carefully consider your own financial situation and investment objectives before investing in Digital Assets. You should also seek independent financial advice if you are unsure whether investing in Digital Assets is right for you.
Jurisdictional restrictions: You are responsible for determining whether the use of any of the sFOX Services (the “Services”) is legal in your jurisdiction. You should not use our Services if such use is illegal in your jurisdiction.
Disclaimer of liability: sFOX is not responsible for any losses you may incur as a result of investing in Digital Assets or using our Services.
This Risk Disclosure Statement is not exhaustive and does not disclose all the risks associated with Digital Assets and the use of our Services.