Last updated: 27/09/2025
This Risk Disclosure Statement is issued by Scintilla Network FZE (“Scintilla”), a Virtual Asset Service Provider licensed and regulated by the Dubai Virtual Assets Regulatory Authority (VARA).
The purpose of this Statement is to provide you with key information about the risks associated with Virtual Assets and with the Services provided by Scintilla. It is important that you carefully read and understand these risks before engaging in any activity with us.
Unless otherwise defined, terms in this notice have the same meaning as in the Scintilla Website Terms of Use.
This notice provides a general description of the risks when you use Scintilla Services. Each Service may have its own distinct risks. This notice does not explain all risks or how such risks may relate to your personal circumstances. You should ensure you fully understand the risks involved before making a decision to use Scintilla Services.
Scintilla does not provide investment, financial, trading, tax, or legal advice. Any decision to use our products or Services is solely yours. You are responsible for determining whether any activity is suitable for your financial objectives, resources, and risk appetite.
Scintilla does not monitor whether your use of Services aligns with your financial goals. It is your responsibility to assess whether your financial resources are adequate for your activities and whether your risk tolerance is appropriate.
You are responsible for determining your tax obligations and compliance requirements when transacting through Scintilla. You must report and pay any applicable taxes. Scintilla does not provide tax or legal advice. Where required by law, Scintilla may report transactions to tax authorities or regulators.
Virtual Asset markets are highly volatile. Values may fluctuate significantly and rapidly. Past performance is not an indicator of future results. You may lose part or all of your investment.
Some Virtual Assets may have limited or no liquidity, making it difficult or impossible to sell, transfer, or exit positions when you wish to do so. This risk may be heightened during times of market stress.
Scintilla may apply fees and charges which reduce your returns. Please ensure you understand the applicable fees before using our Services.
Scintilla does not guarantee uninterrupted availability of Services. Access may be affected by network congestion, service outages, or compliance checks. Transactions may not always be possible at your desired time.
Third parties, such as payment providers, custodians, and banking partners, may be involved in the provision of Services. You may be subject to their terms and conditions. Scintilla is not responsible for losses caused by such third parties but applies due diligence to ensure regulated partners are used.
Virtual Assets and related systems are subject to cyber threats including hacks, theft, fraud, phishing, malware, and protocol exploits. Scintilla implements cybersecurity controls, but cannot eliminate all risks. You are responsible for safeguarding your account credentials.
Virtual Assets are inherently risky and may:
• lose value partially or completely;
• become obsolete due to technological changes;
• be subject to protocol faults, hacks, or governance disputes;
• involve irreversible transactions, making recovery of losses difficult;
• experience forks, network attacks, or manipulation.
Electronic communications may fail, be delayed, intercepted, or not delivered. Scintilla cannot guarantee the security or reliability of all communications.
Exchange rate fluctuations may affect the value of Virtual Assets or returns.
Virtual Assets are subject to evolving laws and regulations. Changes in law, reclassification of tokens, or new regulatory requirements may materially affect your holdings or activities.
By using Scintilla Services, you acknowledge that you have read, understood, and accepted the risks set out in this Statement, as well as any additional risks specific to a product or Service.
If you have any questions about this Risk Disclosure Statement, please email: contactus@scintillanetwork.com.
