Risk Disclosure Statement

Status: DRAFT · 2026-05-06 · prepared by engineer for owner review · NOT yet attorney-reviewed · NOT YET PUBLISHED to customers Service: Hunter Killer (the "Service") · operated by Irishman Management LLC Effective date: [TO BE FILLED on publication] Last revised: 2026-05-06

Owner-acknowledged 2026-05-08: CFTC Rule 1.55 modeling is the approved framing — counsel still does the per-clause jurisdictional pass before publication, but the framing choice is settled and stands.

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Engineer note to owner: Conservative high-risk-trading disclosure modeled on regulated futures-broker disclosures (CFTC Rule 1.55), adapted for crypto. Sections marked ⚖ ATTORNEY PASS require legal review for jurisdictional precision (FINRA, CFTC, FCA, MiFID II, MiCA each have specific disclosure frameworks).

Read this before you trade

Trading crypto-derivatives is not suitable for every investor. You should read and understand this disclosure before opening positions, before depositing funds with any exchange, and before using the Service to inform any trading decision.

You assume all risk of loss. We do not guarantee any outcome.

1 · The Service is not investment advice

Hunter Killer is a discipline tooling platform. We provide:

• Cross-exchange liquidation analytics (data visualization)
• Engine Read directional synthesis (a 1-hour-horizon directional prediction with documented calibration)
• Position management UI
• Trade journaling
• Notification routing

Nothing in the Service constitutes:

• Investment advice
• A recommendation to buy, sell, or hold any asset
• A solicitation, offer, or invitation to trade
• A representation that any analytics output will produce profitable outcomes

You alone decide what trades to place, how much capital to allocate, and what risk to accept. We are not a registered investment advisor, broker, or fiduciary in any jurisdiction.

2 · Crypto-derivatives are high-risk

2.1 Volatility

Crypto markets can move 5-20% in hours. Single-day drawdowns of 30%+ have occurred multiple times in market history.

2.2 Leverage amplifies losses

Most crypto-derivatives venues offer leverage (5x to 100x). Leverage multiplies both gains and losses. With 25x leverage, a 4% adverse move liquidates your position. You can lose more than your initial margin if the venue cannot close positions fast enough during extreme volatility (negative-balance risk varies by exchange).

2.3 Liquidation cascades

When prices move sharply, automated liquidations of leveraged positions can compound the move. The Engine Read and Liquidations-tab analytics surface where these cascades may concentrate, but predictions are probabilistic, not deterministic.

2.4 Funding-rate decay

Perpetual contracts charge funding (typically every 8 hours) based on the gap between perp and spot prices. Holding a position against the prevailing funding rate erodes capital even if the underlying price doesn't move.

2.5 24/7 markets

Crypto markets do not close. Adverse moves can occur while you sleep, are at work, or have intermittent connectivity. The Service notifications can alert you, but cannot guarantee delivery (network outages, third-party service failures, your device offline).

2.6 Exchange counterparty risk

Your funds reside on third-party exchanges (Bybit, OKX, Deribit, Coinbase, Hyperliquid, etc.). Risks include:

• Exchange insolvency or bankruptcy
• Operational hacks (exchange-side breaches)
• Withdrawal halts during stress events
• Forks, delistings, or sudden contract changes
• Regulatory action against the exchange (asset freezes, jurisdiction bans)

We do not custody your funds. We cannot recover them if an exchange fails. You bear sole responsibility for choosing reputable exchanges and managing concentration risk.

2.7 Smart-contract risk (DeFi/cross-chain)

If you use the Service to inform trades on decentralized exchanges or cross-chain bridges, smart-contract bugs, oracle failures, governance attacks, and bridge exploits can result in total loss of capital with no recourse.

2.8 Slippage and execution risk

Markets can move between the time you place an order and the time it fills. The Service estimates slippage on the Order Book Depth card, but actual execution may differ. Stop-loss orders are not guaranteed to fill at the trigger price during fast markets.

3 · Engine Read provisional status

The Engine Read directional synthesis is calibrated and provisional:

• Current calibrated horizon: 1 hour (single-symbol directional prediction)
• Calibration window: trailing 7 days
• Validation gate (current as of [DATE]): hit rate ≥ 0.43 (3-class direction match), directional hit rate ≥ 0.60
• Per-symbol auto-disable: hit rate < 0.25 disables the symbol from the read until calibration improves
• Calibration metadata is surfaced live on the dashboard footer

Do NOT treat Engine Read output as a buy/sell signal. It is one analytical input among many; weight it according to your own judgment and the calibration metadata.

4 · Past performance is not future results

Backtests, walk-forward harness outputs, and historical equity curves are not predictive of future performance. Market regimes change. A strategy that worked in a trending market may fail in a chop. The Service explicitly distinguishes empirically-validated edges (with documented calibration) from aspirational/exploratory analytics; treat un-validated outputs with appropriate skepticism.

5 · Regulatory landscape

Crypto-derivatives regulation varies by jurisdiction and is rapidly evolving. As of [DATE]:

• US: retail access to most crypto-derivatives venues is restricted; CFTC and SEC have ongoing enforcement actions
• EU: MiCA (Markets in Crypto-Assets Regulation) phasing in
• UK: FCA registration requirements for crypto businesses
• Other jurisdictions: varying levels of restriction

You are responsible for ensuring your use of the Service and the underlying exchanges complies with the laws of your jurisdiction. ⚖ ATTORNEY PASS — operator's own regulatory exposure depends on which jurisdictions we accept users from; counsel review needed before accepting users in regulated venues.

6 · Tax implications

Crypto-derivatives trading generates taxable events. We provide tax export tools (Settings → Data → Tax export, when shipped) but we are not tax advisors. Consult a qualified tax professional in your jurisdiction.

7 · Operational risks of the Service itself

• Service availability: we make commercially reasonable efforts to maintain uptime but do not guarantee uninterrupted access. Maintenance windows, infrastructure failures, and force-majeure events can interrupt the Service.
• API key compromise: if the platform's encryption keys are compromised, your stored API keys could be at risk. Mitigation: use API keys with the minimum permissions needed (read-only is safer than trade-enabled), enable IP whitelisting on the exchange side when supported, rotate keys periodically.
• Notification delivery: we use Telegram and email for alerts. Delivery failures (your device offline, network issues, third-party outages) can prevent timely alerts.
• Calibration drift: signals can degrade as markets evolve; we surface this on the dashboard and auto-disable predictive products when their hit rate falls below threshold, but auto-disable is a lagging indicator.

8 · You are not investing in Hunter Killer

Subscribing to the Service is a software-as-a-service purchase. You are NOT:

• Buying equity in Irishman Management LLC
• Lending us your funds
• Pooling capital with other users
• Authorizing us to trade on your behalf

Your subscription fee buys access to the dashboard and analytics. It does not entitle you to any share of platform revenue, profits, or assets.

9 · Acknowledgment

By creating an account, you acknowledge:

• You have read and understood this Risk Disclosure
• You have the financial capacity to bear the risk of total loss of funds you allocate to crypto-derivatives trading
• You are not relying on the Service as your sole or primary basis for trading decisions
• You will conduct your own due diligence before any trade
• You are not obligated to use the Service and may discontinue at any time

If you do not understand or accept any of the above, do not use the Service.

10 · Contact

Questions about this Risk Disclosure: [SUPPORT_EMAIL]