Trading and financing trades in cryptocurrency involves certain risks. This risk disclosure statement cannot and does not disclose all risks and other aspects involved in holding, trading, or engaging in cryptocurrency transactions. Risks include, but are not limited to, the following:

Market Risk: The market for cryptocurrency is still new and uncertain. No one should have funds invested in cryptocurrency or speculate in cryptocurrency that they are not prepared to lose entirely. Whether the market for one or more cryptocurrency moves up or down, or whether a particular cryptocurrency will lose all or substantially all of its value, is unknown.

This applies both to traders that are going long and to traders that are shorting the market. Participants should be cautious about holding electronic tokens/coins.

Liquidity and Listing Risk: Markets for cryptocurrency have varying degrees of liquidity. There is never a guarantee that there will be an active market for one to sell, buy, or trade cryptocurrency products derived from or ancillary to them. Furthermore, any market for tokens may abruptly appear and vanish. JIL TOKENS makes no representations or guarantees about whether the token may be traded on the any site, may be traded on any site at any point in the future, if at all. Any token is subject to delisting without notice or consent.

Legal Risk: The legal status of certain cryptocurrencies may be uncertain. This can mean that the legality of holding or trading them is not always clear. Whether and how one or more cryptocurrencies constitute property, or assets, or rights of any kind may also seem unclear. Participants are responsible for knowing and understanding how cryptocurrency will be addressed, regulated, and taxed under applicable law.

Exchange Risk (Counter party Risk): Having cryptocurrency on deposit or with any third party in a custodial relationship has risks. These risks include security breaches, risk of contractual breach, and risk of loss. Participants should be wary of allowing third parties to hold their property for any reason.

Trading Risk: In addition to liquidity risks, values in any digital token marketplace are volatile and can shift quickly. Participants in any digital market are warned that they should pay close attention to their position and holdings, and how they may be impacted by sudden and adverse shifts in trading and other market activities.

Risks Associated with Financing Activities: When you finance a purchase or sale of tokens on a peer- to-peer basis, you run the risk of losing your financing. Similarly, when you accept financing to enter a trading agreement, you accept the risk of not being able to repay that financing (e.g., if the market price of the token you purchased with the financing falls). Participants should know all of the terms of any contracts they enter and how their trading strategies and other market and risk factors can affect their financing obligations.