DAO1 has received a securities fraud warning from the Australian Securities and Investments Commission (ASIC).
As per ASIC’s February 2nd, 2025 DAO1 warning;
It is probable that [DAO1] provides financial services to Australian customers. It is not authorized by a licensee and does not possess an Australian credit or financial services license from ASIC.
In Australia, nearly all financial service firms are required to hold an ASIC license.
DAO1 is making an offer of unregistered securities when it provides passive returns to Australians without registering with ASIC.
Securities fraud is the offering of unregistered securities in contravention of Australian financial legislation.
In addition to Australia, New Zealand’s FMA issued a DAO1 securities fraud notice last month.
Gold Standard Corporation (GSB) offers a number of unregistered securities, the most recent of which is DAO1.
The domain names “dao1.ai” and “dao1.info” are cited by ASIC as belonging to DAO1.
The investment scam that GSB began with GSPartners is being carried on by DAO1, which is presently at the heart of settlement procedures that will see owner Josip Heit reimburse victims all throughout North America.
The GSB stated on January 21st that North American users will not be able to access DAO1 and its related scheme, GSPro+.
Customers in the US and Canada are unable to keep their certificates and get incentives like interest.
Don’t trust anyone who tells you otherwise.
Customers in the US and Canada are likewise unable to switch to a new product. Residents of the US and Canada will not be able to purchase products from GSPro+ and DAO1.
Once more, don’t trust anyone who tells you differently.
This platform will only be accessible to users outside of Canada and the United States.
Victims of GSPartners in participating jurisdictions in North America will have ninety days starting on February 21st to submit settlement claims.
