DAO1 has received a securities fraud warning from the Australian Securities and Investments Commission (ASIC).

As per ASIC’s February 2nd, 2025 DAO1 warning;

[DAO1] is likely to be offering financial services to Australian consumers. It does not hold an Australian financial services licence or Australian credit licence from ASIC, and is not authorised by a licensee.

Almost all providers of financial services in Australia must be licensed by ASIC.

DAO1 offering passive returns to Australians without registering with ASIC constitutes an offer of unregistered securities.

Offering unregistered securities in violation of Australian financial law constitutes securities fraud.

In addition to Australia, New Zealand’s FMA issued a DAO1 securities fraud warning last month.

DAO1 is the latest in a series of unregistered securities offered by Gold Standard Corporation (GSB).

ASIC cites DAO1’s website domains as “dao1.ai” and dao1.info”.

DAO1 is a continuation of the investment fraud GSB started with GSPartners, currently at the center of settlement proceedings that will see owner Josip Heit refund victims across North America.

BehindMLM reviewed DAO1 on January 3rd, 2025 and confirmed it was a reboot of GSPartners on January 6th.

On January 21st, GSB confirmed DAO1 and associated scheme GSPro+ would not be available to North American consumers.

U.S. and Canadian customers cannot retain their certificates and earn interest or other rewards.

If anyone tells you otherwise, do not believe them.

U.S. and Canadian customers also cannot roll over into a new product. Products offered by GSPro+ and DAO1 will not be available to residents of the United States and Canada.

Again, if anyone tells you otherwise, do not believe them.

This platform will only be available outside of the United States and Canada.

GSPartners victims across North American participating jurisdictions will be able to file settlement claims for 90 days from February 21st.