Legal
Risk Disclosure
Version 1.0. Last updated: 15 November 2026
1. Scrupling is not advice
Scrupling is analysis, journaling and simulation software. Checks, states (such as "held", "review" or "invalidated"), alerts, scores, stress scenarios, position sizes, backtests, PAPER results and AI answers measure your own inputs against your own rules and against third-party data. They are general information, not investment, financial, tax or legal advice, and not a recommendation to buy, sell or hold anything. Scrupling is not authorised as an investment firm, adviser or crypto-asset service provider, and it provides none of the services those need a licence for. If you need advice, speak to a qualified, authorised adviser.
2. Risks of cryptoassets
- Volatility. Prices can move tens of percent in hours and can fall to zero.
- Little protection. Most cryptoassets are not covered by deposit guarantee or investor compensation schemes. Exchanges can fail, freeze withdrawals or be hacked.
- Liquidity and gaps. Markets can thin out or halt. A stop is an instruction, not a guarantee: it can fill far from its level, or not at all.
- Tokens and smart contracts. Tokens can be minted, frozen, taxed or drained by their issuers or by bugs. Token X-Ray shows public signals; a token that passes every rule can still lose all its value.
- Regulation and tax. Rules differ by country and change. Gains may be taxable; you are responsible for your own tax.
3. Risks of leverage and perpetual futures
- Leverage multiplies losses as well as gains; a small move can liquidate a position.
- Funding rates are paid or received regularly and can turn against you quickly; over time they can cost more than the price move earns.
- Liquidation prices, margin rules and fees depend on the exchange. Scrupling does not know your exchange account and does not calculate liquidation.
4. Limits of the data and of Scrupling
- Data can be late or wrong. Prices refresh about every 10 minutes for most coins (about every minute for some perpetuals). Every number shows its source and age; when data is stale or missing, Scrupling says it cannot check, and never shows it as fine.
- Alerts can be delayed or not arrive. Telegram, Discord, email and phone notifications depend on outside services and your device. Do not rely on Scrupling as your only risk control; use the protective orders your exchange offers.
- AI can be wrong. Scrupling AI answers only from cited evidence, but it can still misread or miss something. Check important facts against the cited source.
- The past is not the future. Backtests, PAPER results, Replay and stress scenarios show what happened or might happen under assumptions, not what will happen.
- Your inputs. Account sizes, prices and positions you type are not verified. A wrong input gives a wrong result.
5. Your responsibility
You alone decide whether and how to trade, with which provider, and how much to risk. Read the Terms of Service, which govern your use of Scrupling, including its limits of liability.