Risk Disclosure

Crypto Currency

 

Digital assets are speculative and highly volatile, can become illiquid at any time, and are for investors with a high risk tolerance. Investors in digital assets could lose the entire value of their investment. The price of bitcoin is volatile, and market movements of bitcoin are difficult to predict. Supply and demand changes rapidly and is affected by a variety of factors, including regulation and general economic trends. Bitcoin exchanges may suffer from operational issues, such as delayed execution. Digital asset exchanges have been closed due to fraud, failure or security breaches. Assets that reside on an exchange that shuts down or suffers a breach may be lost. Several factors may affect the price of Bitcoin, including, but not limited to: supply and demand, investors’ expectations with respect to the rate of inflation, interest rates, currency exchange rates or future regulatory measures (if any) that restrict the trading of Bitcoin or the use of Bitcoin as a form of payment. There is no assurance that Bitcoin will maintain its long-term value in terms of purchasing power in the future, or that acceptance of Bitcoin payments by mainstream retail merchants and commercial businesses will continue to grow. Bitcoin is created, issued, transmitted, and stored according to protocols run by computers in the Bitcoin network. It is possible the Bitcoin protocol has undiscovered flaws which could result in the loss of some or all assets. There may also be network-scale attacks against the Bitcoin protocol, which result in the loss of some or all of assets. Advancements in quantum computing could break Bitcoin’s cryptographic rules.

Links to regulatory advisories on crypto assets (including virtual currencies, cryptocurrencies, etc.) are provided below. These regulatory advisories warn that crypto assets, including bitcoin and ether, may be susceptible to fraud, involve a high level of risk, and may experience significant price volatility, which may also adversely impact the price of swaps, security-based swaps, equity options, futures, options on futures, and OTC derivatives that reference or are based on the price or performance of the crypto asset (“Crypto-linked Derivatives”). You should be aware that the market for the underlying crypto assets referenced in Crypto-linked Derivatives may not be regulated, and may not be subject to registration, fitness, market integrity, anti-fraud, anti-manipulation, cybersecurity, surveillance, or anti-money laundering rules in all jurisdictions in which the crypto assets are offered or traded. Before entering into any Crypto-linked Derivatives transactions, please ensure that you have read and understood the following information and the advisories available at the links below.

 

The below is not an exhaustive list of all regulatory advisories on crypto assets. The advisories referenced below (and the links thereto) have not been verified for accuracy or completeness by Catalyst Wealth Coaching or by any of its subsidiaries, affiliates, successors, assigns, agents, or by any of their respective officers, directors, employees, agents or advisers (collectively, “CWC ”). CWC  disclaims all representations and warranties in the information contained in this disclosure (which includes these advisories), whether express or implied, including, without limitation, any warranty of satisfactory quality, completeness, accuracy, fitness for a particular purpose or non-infringement. CWC  disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for the quality, accuracy or completeness of, the information contained therein, and for any reliance on, or uses to which, this information is put, and you are solely responsible for any use to which you put such information. Without limiting any of the foregoing, to the fullest extent permitted by applicable law, in no event shall CWC  have any liability for any special, punitive, indirect, or consequential damages (including lost profits or lost opportunity), in connection with the information contained in this disclosure materials, even if notified of the possibility of such damages.

 

You will make your own independent decision how to use any information contained in this disclosure, based on your own judgement and advice from advisers as you deem necessary. CWC  has no obligation to update any portion of this disclosure, including the links to the advisories provided below. This disclosure is not intended as a recommendation or an offer or solicitation for the purchase or sale of any security or financial instrument, or to enter into a transaction involving any such security or financial instrument, including Crypto-linked Derivatives transactions or any trading strategy.  CWC  is not an advisor.  Nothing in this disclosure should be construed as investment, tax, legal, accounting, regulatory or other advice (including within the meaning of Section 15B of the Securities Exchange Act of 1934) or as creating a fiduciary relationship.

 

Links to select regulatory advisories on crypto assets:

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