DAO1 Securities Fraud Warning from Australia
- MLM News
- February 13, 2025
DAO1 Under Fire for Securities Fraud (Again)
🚨 Australia’s financial regulator ASIC has issued a formal warning against DAO1, labeling it an unregistered securities scheme.
📌 What does this mean?
✅ DAO1 is illegally offering financial services in Australia.
✅ It lacks the required Australian Financial Services License (AFSL).
✅ It is part of a larger investment fraud tied to GSPartners.
✅ New Zealand’s FMA has also warned against it.
💡 Translation: DAO1 is a reboot of GSPartners, an MLM crypto Ponzi scheme. If you invest, you will lose your money.
ASIC’s Official Warning: DAO1 is Breaking the Law
📢 On February 2, 2025, ASIC (Australian Securities and Investments Commission) issued this statement:
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.
📌 Why this matters:
🔴 ASIC requires ALL investment firms to be licensed.
🔴 DAO1 is offering passive investment returns without registration.
🔴 This means DAO1 is violating Australian securities laws.
🚨 Offering unregistered securities in Australia = Securities Fraud.
📌 ASIC has officially blacklisted DAO1. Any Australians promoting or investing in it are engaging in an illegal financial scheme.
New Zealand Also Warns Against DAO1
📢 DAO1 is not just banned in Australia. New Zealand’s FMA (Financial Markets Authority) issued a warning last month.
🚨 This means DAO1 is running an international fraud operation.
📌 Why New Zealand’s warning matters:
✅ NZ’s FMA enforces strict financial laws to protect investors.
✅ DAO1 has been flagged for deceptive financial practices.
✅ New Zealanders risk losing money in another GSPartners Ponzi scheme.
🔴 DAO1 is now blacklisted in two major financial markets. This is a major red flag.
What is DAO1? A Rebranded GSPartners Ponzi Scheme
📢 DAO1 is NOT a new company. It is a continuation of the fraud run by Gold Standard Corporation (GSB).
📌 Who is behind DAO1?
🚨 Josip Heit, the same scammer behind GSPartners, is the mastermind.
🔹 GSPartners was an MLM crypto Ponzi that collapsed in 2023.
🔹 Victims in the U.S. and Canada lost millions.
🔹 GSPartners is now facing legal settlements to refund victims.
💡 What did Josip Heit do?
✅ Shut down GSPartners in North America to avoid lawsuits.
✅ Rebranded as DAO1 and GSPro+ to keep scamming people internationally.
✅ Avoided the U.S. and Canada but continued operations elsewhere.
📌 DAO1 = GSPartners 2.0.
🚨 If you lost money in GSPartners, DO NOT fall for DAO1.
DAO1’s Website Domains and Operations
📢 ASIC cites DAO1’s official websites as:
🔹 dao1.ai
🔹 dao1.info
🚨 These domains are used to market the same investment fraud GSPartners ran.
📌 How they operate:
🔴 They target MLM investors with fake “AI-powered” trading scams.
🔴 They promise high-yield passive returns to recruit victims.
🔴 They operate without proper financial registration.
🔴 When authorities shut them down, they rebrand and move to new websites.
🚨 The fact that DAO1 is already on ASIC’s radar means the scam is well underway.
📌 Key takeaway: If a company constantly rebrands, changes websites, and avoids regulations, it’s a scam.
DAO1 is Banned in North America – GSPartners Victims Can Get Refunds
📢 On January 21, 2025, GSB confirmed that DAO1 and GSPro+ were permanently banned in the U.S. and Canada.
📌 Official statement from GSB:
U.S. and Canadian customers cannot retain their certificates and earn interest or other rewards.
If anyone tells you otherwise, do not believe them.
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.
🚨 Translation:
🔴 GSB knows it’s facing legal action in the U.S. and Canada.
🔴 They are trying to escape liability by rebranding DAO1 in other countries.
🔴 Americans and Canadians are no longer allowed to invest—but others are still being scammed.
📌 If you’re in North America and were scammed by GSPartners, you can file a settlement claim.
How to File a Claim Against GSPartners (DAO1’s Parent Company)
📢 If you were scammed by GSPartners, you can file a refund claim starting February 21, 2025.
🔹 Settlement claims will be open for 90 days.
🔹 North American victims can recover a portion of their lost funds.
🚨 This proves that GSPartners (now DAO1) was operating fraudulently.
📌 Steps to protect yourself:
✅ DO NOT invest in DAO1.
✅ Warn others that DAO1 is GSPartners 2.0.
✅ Report DAO1 to financial regulators in your country.
✅ If you lost money in GSPartners, file a claim for a refund.
Final Verdict: DAO1 is an MLM Crypto Scam – Avoid at All Costs
📢 DAO1 is NOT a legitimate investment opportunity. It is an illegal, unregistered securities scheme.
🚨 It has already been banned in:
✅ Australia (ASIC warning issued)
✅ New Zealand (FMA warning issued)
✅ U.S. and Canada (permanently banned due to legal action)
🔴 Key Takeaways:
❌ DAO1 is a rebranded version of GSPartners, an MLM Ponzi scheme.
❌ It is run by Josip Heit, a known scammer.
❌ It promises passive investment returns without proper financial registration.
❌ It will collapse once recruitment slows, leaving investors with massive losses.
🚨 If you invest in DAO1, you WILL lose money.
💡 Do the right thing: Warn your friends and family. Avoid DAO1. Report it to regulators.
📌 Remember: If an MLM company hides its owners, lacks a financial license, and promises guaranteed returns, it’s a scam.
Investment Opportunity That Is Recommended
Want to learn how to make 20% to 100% per year with crypto without the risk and hassle of mining or trading?
Look no further than this free training that Dan Ryder offers. He’s revealing the secrets of how to generate passive income with crypto, and it’s all available for you to learn for free.
Don’t miss out on this opportunity to increase your earnings with low risk. Check it out here.
Take a look at some testimonials below:
Follow me on Social media below:
Subscribe To My YouTube Channel Here.
See you at the top,
-Jesse Singh
P.S. If you are tired of failing ANY business, click here and check this out to take your game to the next level.