Legion’s Disclosure Information

    Last updated on • May 26, 2024

    Important to convey

    Don’t invest unless you’re prepared to lose all the money you invest. Investments on Legion are high-risk investments, and you should not expect to be protected if something goes wrong. To the extent that you see public postings (e.g., tweets, videos, etc.) from Legion service providers or subcontractors affiliated with Legion, you should understand that those postings represent the views and opinions of that particular individual and may not reflect the views of Legion or any of our affiliates.

    What Are the Key Risks?

    You Could Lose All the Money You Invest

    The performance of most cryptoassets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in cryptoassets.

    The cryptoasset market is largely unregulated. There is a risk of losing money or any cryptoassets you purchase due to risks such as cyber-attacks, financial crime, and firm failure.

    You Should Not Expect to Be Protected if Something Goes Wrong

    This type of investment is not covered by compensation schemes that protect traditional financial investments. In the event of an issue with your investment, such as company failure or fraud, there may be no safety net to recover your losses.

    You May Not Be Able to Sell Your Investment When You Want To

    There is no guarantee that investments in cryptoassets can be easily sold at any given time. The ability to sell a cryptoasset depends on various factors, including the supply and demand in the market at that time.

    Operational failings such as technology outages, cyber-attacks, and commingling of funds could cause unwanted delays, and you may be unable to sell your cryptoassets at the time you want.

    Cryptoasset Investments Can Be Complex

    Investments in cryptoassets can be complex, making it difficult to understand the risks associated with the investment.

    You should do your own research before investing. If something sounds too good to be true, it probably is.

    Don’t Put All Your Eggs in One Basket

    Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well.

    A good rule of thumb is not to invest more than 10% of your money in high-risk investments.

    Please ensure you fully understand the risks and are comfortable with the possibility of losing your entire investment before committing any funds.