The regulatory status of the Social Scrooge ecosystem, $SCROOGE, and distributed ledger technology is unclear or unstable in many jurisdictions. The regulation of digital assets has become a primary focus of regulation in every major country in the world. It is impossible to predict how, when or if regulatory agencies may enforce existing regulations or create new regulations with respect to this technology and its applications, including &SCROOGE and/or the Uncel Scrooge ecosystem.

Regulatory actions could negatively impact $SCROOGE and/or the Social Scrooge ecosystem in a variety of ways. The issuer or any relevant third party, (Distributors and/or affiliates) may cease operations in a jurisdiction in the event that regulatory actions or changes in law or regulations make it illegal to operate in such jurisdiction or commercially undesirable to obtain the necessary regulatory approval to operate in that jurisdiction.