Legal Disclaimer

Last Updated: 2024-12-31

FOR INFORMATIONAL AND ENTERTAINMENT PURPOSES ONLY

The Wackcoin ("The Coin") is a cryptocurrency token created for entertainment and humor purposes only. It is not intended to serve as an investment, financial instrument, or security. By using or purchasing The Coin, you acknowledge and agree to the terms outlined in this disclaimer.

1. Not an Investment or Security

The Coin is not a security or investment product under Canadian securities laws or regulations. Purchasers of The Coin should not expect any financial returns or profits. The value of The Coin is determined entirely by market demand, which can fluctuate unpredictably.

2. No Guarantees or Promises

  • The Coin does not represent any ownership, equity, or financial rights in Wackocoin.

  • There are no promises of future utility, functionality, or financial gain associated with The Coin.

  • The Coin is not affiliated with any entity, institution, or financial organization.

3. Compliance and Risks

By purchasing or using The Coin, you confirm that:

  • You are solely responsible for complying with the laws of your jurisdiction, including but not limited to cryptocurrency and tax regulations.

  • You acknowledge and accept the inherent risks associated with cryptocurrency, including the potential for loss of value.

4. Taxes

Users are responsible for reporting and paying any applicable taxes resulting from the purchase, sale, or use of The Coin under Canadian or Foreign tax laws.

5. No Liability

The creator of The Coin ("Creator") and any affiliated entities or individuals:

  • Disclaim all liability for any loss, damages, or claims arising from the use, purchase, or holding of The Coin.

  • Are not responsible for any unauthorized third-party uses, hacks, or vulnerabilities affecting The Coin.

6. Intellectual Property

The Coin does not use or infringe upon any third-party trademarks, copyrighted materials, or intellectual property. Any references to public figures, brands, or memes are purely for parody and entertainment.

7. Anti-Money Laundering (AML) Compliance

The Creator complies with applicable Canadian anti-money laundering (AML) regulations. Transactions involving The Coin may be monitored for compliance purposes.

8. No Endorsement

The Coin is not endorsed, promoted, or affiliated with any regulatory body, financial institution, or government entity.

9. Amendments

This disclaimer may be updated or amended at any time to comply with evolving legal, regulatory, or technological requirements. It is the user’s responsibility to review the latest version.

By purchasing, holding, or using The Coin, you acknowledge and agree to the terms of this disclaimer in full. If you do not agree to these terms, do not interact with The Coin.

Wackocoin Contact: wackocoin@protonmail.com