INVESTMENT RISK DISCLOSURE & DISCLAIMER

Last Updated: January 01, 2026

This Investment Risk Disclosure and Disclaimer forms an integral part of our Terms & Conditions. By using RazorLake Services, you acknowledge and agree to these disclosures.

1. NO INVESTMENT ADVICE

RazorLake provides data and tools for informational and educational purposes only. We are not a financial advisor.

The information on this Website and any information, and content provided in connection with the RazorLake Services are provided for informational and education purposes only and do not constitute, and should not be construed as, investment or other kind of advice or a recommendation or encouragement to buy, sell, or otherwise transact in any asset including any products or services or an invitation, offer or solicitation to engage in any investment activity with respect to any asset, including futures and options.

The Company further does not make any representations that any data, information, and content on the Company website or represented by its software services is accurate or complete. You alone will bear the sole responsibility of evaluating the merits and risks associated with using any such data, information, and content. As such, you agree not to hold the Company liable or assert any claim for damages that may arise from any decision that you make based upon the use of such data, information, and content appearing on the Company website or Company materials.

The information on this Website and any information provided in connection with the RazorLake software services are provided solely on the basis that you will make your own trading decisions, and RazorLake does not take account of any person’s trading objectives, particular needs, or financial situation. In addition, nothing on this Website or any information provided in connection with the RazorLake software Services shall, or is intended to, constitute financial, legal, accounting or tax advice. It is strongly recommended that you seek professional advice before making any investment decision. Any decision that you make should be based on an assessment of your risks in consultation with your financial adviser.

RazorLake relies upon the “publishers’ exclusion” from the definition of investment adviser under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, RazorLake does not offer or provide personalized advice, and is in no way associated with any FINRA broker dealer. RazorLake software services may publish information about assets in which subscribers may have interest for their information and education purposes only.

The assets about which information is published on the Website and any information provided in connection with the RazorLake software Services are not viewed by the issuer or sponsor of any such assets, or those buying or selling the asset, as securities under U.S. laws or relevant applicable laws. As a result it is unlikely that fulsome disclosures from the issuer or sponsor, or any executive officer associated with the asset or related protocol have been provided, and others may have better or more information than the information made available to you via the Site, any information provided in connection with the RazorLake software Services or to which you may independently have access. RazorLake does not offer securities services.

There are risks associated with purchasing and holding assets. Loss of the full amount of the purchase price is possible. Volatility is highly likely, and some of the digital asset protocols and platforms may fail entirely due to forking, flaws in the code, hacking or other malicious attacks.

No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website or its social media.

You understand and acknowledge that your trades are self-directed, you are solely responsible for any and all orders placed, and all action by you are unsolicited and based on your own trading decisions. You further understand and acknowledge that under no circumstances will your use of the RazorLake Services be deemed to create a fiduciary relationship or a relationship that includes the provision or tendering of investment advice.

THE ABOVE TERMS AND ANY ADDITIONAL DISCLAIMERS PROVIDED FOR HEREIN DO NOT REPRESENT A COMPLETE STATEMENT OF RISK FACTORS ASSOCIATED WITH THE ASSETS OR PRODUCTS THAT MAY HAVE DATA PUBLISHED ABOUT THEM OR THAT MAY BE FEATURED OR DISCUSSED IN CONNECTION WITH THE RAZORLAKE SERVICES. YOU SHOULD CONSIDER THESE RISK WARNINGS CAREFULLY AND TAKE APPROPRIATE ADVICE BEFORE TAKING ANY DECISION TO PURCHASE OR TRADE AN ASSET.

NO MONITORING

RazorLake is not your broker, intermediary, agent, or advisor and has no fiduciary relationship or obligation to you in connection with any trades or other decisions or activities undertaken by you using RazorLake Services. We do not monitor whether your use of RazorLake Services is consistent with your financial goals and objectives. It is up to you to assess whether any activity that you engage in through the RazorLake Services is appropriate given your financial position and risk appetite.

2. MARKET AND DIGITAL ASSET RISK

Investments in assets, particularly Digital Assets, carry significant risk. Prices are highly volatile, and you may lose your entire investment. Only invest what you can afford to lose. Factors affecting value include regulation, economic trends, ecosystem developments, systemic/systematic risks (e.g., market collapses, geopolitical events), technological changes, and negative publicity. Past performance is no indicator of future results. RazorLake provides no guarantees regarding asset performance or prices.

Investments in assets, particularly Digital Assets, carry significant risk, including the potential for complete loss of principal. Prices are highly volatile and difficult to predict, and you should only invest amounts you can afford to lose entirely.

The value of Digital Assets can be influenced by numerous unpredictable factors, including regulatory changes, general economic trends, developments in the Digital Asset ecosystem, technological advancements or flaws, negative publicity, and systemic or systematic risks (such as market collapses, geopolitical events, or industry-wide failures).

Blockchain technology and Digital Asset networks are relatively new and rapidly evolving, subject to risks like forking, code flaws, hacking, or other malicious attacks, which could cause protocols or platforms to fail entirely.

RazorLake provides no guarantees or assurances regarding the performance, market price, or future value of any assets. Past performance is not indicative of future results—see the full CFTC Rule 4.41 disclosure below for details on hypothetical or simulated performance limitations.

Negative perceptions or events impacting the Digital Asset industry may reduce investor confidence, increase volatility, or cause significant depreciation in asset values.

3. PERFORMANCE DISCLAIMERS (CFTC Rule 4.41)

CFTC RULE 4.41 – PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS, AND THIS DOES NOT GUARANTEE PROFITS OR PREVENTION OF LOSS. HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE SIMILAR PROFITS DEPICTED IN ANY PRESENTATION OR PERFORMANCE REPORT.

4. DISCLAIMER OF WARRANTIES AND LIMITATION OF LIABILITY

The RazorLake software Services may be temporarily unavailable for scheduled maintenance or for unscheduled emergency maintenance, either by RazorLake or by third-party providers, or because of other causes beyond our reasonable control.

THE RAZORLAKE SERVICES, INCLUDING THE WEBSITE AND CONTENT, AND ALL SERVER AND NETWORK COMPONENTS ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS WITHOUT ANY WARRANTIES OF ANY KIND, AND THE RAZORLAKE PARTIES (AS DEFINED BELOW) EXPRESSLY DISCLAIM ANY AND ALL WARRANTIES, WHETHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY, TITLE, FITNESS FOR A PARTICULAR PURPOSE, AND NONINFRINGEMENT.

YOU ACKNOWLEDGE THAT THE RAZORLAKE PARTIES DO NOT WARRANT THAT THE RAZORLAKE SERVICES WILL BE UNINTERRUPTED, TIMELY, SECURE, ERROR-FREE OR VIRUS-FREE, NOR DO THEY MAKE ANY WARRANTY AS TO THE RESULTS THAT MAY BE OBTAINED FROM USE OF THE RAZORLAKE SERVICES, AND NO DATA, INFORMATION OR OTHER CONTENT OR ADVICE OR SERVICES OBTAINED BY YOU FROM RAZORLAKE OR THROUGH THE RAZORLAKE SERVICES SHALL CREATE ANY WARRANTY NOT EXPRESSLY STATED IN THIS AGREEMENT.

YOU EXPRESSLY UNDERSTAND AND AGREE THAT THE RAZORLAKE PARTIES WILL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY DAMAGES, OR DAMAGES FOR LOSS OF PROFITS INCLUDING DAMAGES FOR LOSS OF GOODWILL, USE, OR DATA OR OTHER INTANGIBLE LOSSES (EVEN IF THE RAZORLAKE PARTIES HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES), WHETHER BASED ON CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, OR OTHERWISE, RESULTING FROM: (A) THE USE OR THE INABILITY TO USE THE RAZORLAKE SERVICES; (B) DELAYS OR DISRUPTIONS IN THE RAZORLAKE SERVICES; (C) VIRUSES OR OTHER MALICIOUS SOFTWARE OBTAINED THROUGH THE RAZORLAKE SERVICES; (D) GLITCHES, BUGS, ERRORS, OR INACCURACIES OF ANY KIND IN THE RAZORLAKE SERVICES; (E) ACTIONS OR INACTIONS OF THIRD PARTIES; (F) SUSPENSION OR OTHER ACTIONS TAKEN WITH RESPECT TO YOUR RAZORLAKE ACCOUNT; (G) ANY NON-EXECUTION OR DEFECTIVE EXECUTION IN RELATION TO A RAZORLAKE TRANSACTION THAT WE HAVE MADE IN ACCORDANCE WITH A UNIQUE IDENTIFIER GIVEN TO US BY YOU WHICH PROVES TO BE INCORRECT; (H) ANY LOSSES AS A RESULT OF A REQUIREMENT IMPOSED ON US BY NEW LAWS OR REGULATIONS OR OUR OBLIGATIONS UNDER THE LAWS OF ANY JURISDICTION; (I) ANY LOSS SUFFERED BY YOU OR ANY THIRD PARTY DUE TO MATTERS OUTSIDE OUR CONTROL OR WHICH ARISES AS A RESULT OF YOU HAVING ACTED MEGLIGENTLY OR FRAUDULENTLY, EITHER ALONE OR TOGETHER WITH ANY OTHER PERSONS; OR (L) ANY OTHER MATTER RELATING TO THE RAZORLAKE SERVICES.

IN NO EVENT WILL THE RAZORLAKE PARTIES’ TOTAL LIABILITY TO YOU FOR ALL DAMAGES, LOSSES, OR CAUSES OF ACTION EXCEED THE AMOUNT YOU HAVE PAID RAZORLAKE IN THE LAST SIX (6) MONTHS, OR, IF GREATER, TWO HUNDRED AND FIFTY DOLLARS ($250).

5. INDEMNIFICATION

To the extent permitted under applicable law, you agree to defend, indemnify, and hold harmless RazorLake, its affiliates, Service Provider, and its and their respective officers, employees, directors, service providers, licensors, and agents (collectively, the “RazorLake Parties”) from and against any claims, actions or demands, including without limitation reasonable legal and accounting fees, arising or resulting from your breach of this Agreement, your violation of any rights of another, any of Your Content, or your other access, contribution to, use or misuse of the RazorLake Services.

RazorLake shall provide notice to you of any such claim, suit or demand. RazorLake reserves the right to assume the exclusive defense and control of any matter which is subject to indemnification under this section. In such case, you agree to cooperate with any reasonable requests assisting RazorLake’s defense of such matter. You may not settle or compromise any claim against the RazorLake Parties without RazorLake’s written consent.

6. FORCE MAJEURE

The Company shall not be liable to Trader for any claims, losses, damages, costs or expenses, including attorneys’ fees, caused, directly or indirectly, by any events, actions or omissions, including, without limitation, claims, losses, damages, costs or expenses, including attorneys’ fees, resulting from government shutdown, civil unrest, war, insurrection, international intervention, governmental action (including, without limitation, exchange controls, forfeitures, nationalizations, devaluations), natural disasters, acts of God, market conditions, inability to communicate with any relevant person or any delay, disruption, failure or malfunction of any transmission or communication system or computer facility, whether belonging to the Company, Trader, or third-party service provider.

ADDITIONAL NOTES

These disclosures do not represent a complete list of all risks. Consult professional advisors before making investment decisions.