Risk Disclosure

Read this disclosure before using the Platform

Digital assets, blockchain transfers and plan-related activity can involve substantial risk. You may lose some or all of the value involved. Access, liquidity, timing and outcomes may be affected by events outside Legacy NFTY's control.

This disclosure summarises important risks but cannot describe every possible circumstance. You are responsible for evaluating whether Platform activity is appropriate for your knowledge, objectives, financial position and ability to bear loss.

No statement, plan, displayed amount, historical result, referral communication or member experience is a guarantee of future performance or return of capital.

1. Market and price risk

Digital asset values can change rapidly and unpredictably. Price may be affected by market sentiment, liquidity, technology, regulation, concentrated ownership, manipulation, macroeconomic events and unexpected news.

Even assets intended to maintain a stable value can lose their reference value temporarily or permanently.

2. Risk of total loss

You should be prepared for the possibility of losing the full amount involved. Do not use funds required for essential living costs, debt payments, medical needs, education, emergency savings or other obligations.

3. Blockchain and network risk

Blockchain networks can experience congestion, high fees, delayed confirmations, reorganisations, forks, attacks, outages or changes in protocol rules. A transaction recorded on a network may still be delayed, disputed or affected by network conditions.

4. Irreversible transfer risk

Blockchain transfers are often irreversible. Sending an asset to the wrong address, wrong network, unsupported contract or destination without a required memo can cause permanent loss. Legacy NFTY may be unable to recover funds.

5. Stablecoin and issuer risk

A stablecoin may depend on an issuer, reserve assets, redemption arrangements, custodians, banks, market makers and legal frameworks. Loss of confidence, reserve problems, regulatory action or operational failure may cause the asset to trade below its intended value.

6. Liquidity risk

There may not be sufficient market demand, operational capacity or available liquidity to convert or transfer an asset at the expected time or price. Limits, review, network conditions or extraordinary events may delay access.

7. Platform and operational risk

The Platform may experience software defects, hardware failure, maintenance, human error, third-party outages, incorrect configuration, data corruption, denial-of-service attacks or other disruption. Features may be temporarily unavailable and requests may be delayed.

8. Cybersecurity risk

Accounts, email, devices, networks and service providers may be targeted by phishing, malware, credential theft, SIM swapping, social engineering, remote-access scams or other attacks. Disclosure of credentials can lead to unauthorised activity and loss.

9. Custody and counterparty risk

Where activity depends on a third party, issuer, wallet provider, exchange, bank, service provider or administrator, failure, insolvency, misconduct, hacking or legal restriction may affect access and value.

A balance displayed on the Platform is not necessarily a bank deposit or government-insured balance.

10. Regulatory and legal risk

Laws, regulations, tax treatment and enforcement positions relating to digital assets can change quickly and differ by location. A feature that is available today may be restricted, modified or withdrawn. You are responsible for understanding requirements applicable to you.

11. Compliance and account-restriction risk

Transactions or accounts may be delayed, restricted, rejected or reviewed because of identity verification, sanctions screening, source-of-funds checks, unusual activity, legal requests or security concerns. Legacy NFTY may be unable to disclose details of certain reviews.

12. Plan-specific risk

Administrator-managed plans may be subject to eligibility, duration, liquidity, operational, counterparty and performance risk. Published terms may change for future participation. A request is not active merely because funds were sent, and approval is not guaranteed.

13. Return and capital risk

Returns are not guaranteed. Any expected, target, estimated, historical or administrator-configured figure may not be achieved. Capital may be delayed, reduced or lost depending on the arrangement and risk events.

14. Referral risk

Referral rewards may depend on qualifying events, verification and active rules. Pending rewards can be cancelled or reversed. Members must not rely on referral income or make guarantees to invited users.

15. Information and model risk

Information can become outdated, incomplete or incorrect. Calculations, dashboards and estimates may depend on data sources and assumptions. You should verify material information before acting.

16. Tax risk

Digital asset transactions, rewards and plan outcomes may create tax, reporting or recordkeeping obligations. Tax treatment is uncertain in some locations and may change. Obtain independent advice where appropriate.

17. Concentration and leverage risk

Committing a large portion of available resources to one asset, plan, platform or counterparty increases the effect of adverse events. Borrowing to participate can magnify losses and create obligations even when asset value falls.

18. Communication and impersonation risk

Fraudsters may impersonate Legacy NFTY or its staff. Use only the official domain and contact details. No legitimate support representative needs your password, OTP, authenticator code, authenticator credential, private key or seed phrase.

19. No personalised advice

General information on the Platform does not take account of your personal circumstances. Legacy NFTY does not guarantee that a feature or plan is appropriate for you. Consider independent financial, legal and tax advice.

20. Your acknowledgement

By using the Platform, you acknowledge that you understand digital asset activity is speculative and risky; that transfers may be irreversible; that access and performance are not guaranteed; and that you are responsible for your decisions and account security.

Practical risk checklist

• Read the complete plan terms and Platform policies.
• Confirm you can afford a partial or total loss.
• Verify the asset, network, address, amount and required memo.
• Use a unique password and two-factor authentication.
• Do not act under pressure or rely on a referral promise.
• Keep independent records of relevant transactions and communications.
• Seek professional advice when the decision is material to your finances.