DaoRoyal Scam Warning: Crypto Platform Flagged by ASC

DaoRoyal is a website that promises crypto investment returns by adding the concept of a decentralised autonomous organisation (DAO) to its name. The Alberta Securities Commission (ASC) in Canada has published a warning about daoroyal.com; the domain had been registered only a few weeks before that warning.
🚩 Why Is the DAO Label Used?
In schemes of this kind the user is told that "the community manages the profit pool and no one can touch your money"; in reality the pool is just wallets controlled by the team. Returns are paid from the deposits of new participants and grown through invitation bonuses. When the inflow stops, withdrawals are postponed with excuses such as a "vote" or a "lock-up period". Article 158/1-f of the Turkish Penal Code treats these acts as qualified fraud committed through computer systems.
🔍 Findings
- Domain: daoroyal.com, registered on 28 September 2026; the site is not responding at present.
- Official warning: Alberta ASC.
- Türkiye: it has no entry in the SPK list of authorised institutions.
🔗 Similar Crypto Schemes
We have previously covered crypto schemes that grow through invitation bonuses and pool returns:
- Weecoins: crypto packages and a Ponzi scheme
- Valtrenotrade: a crypto investment plan
- Collecting crypto with a cloud mining promise
🧭 Legal Process
- Wallet addresses are followed through exchange tracingTR.
- Provisions on seizure and confiscationTR come into play for the assets identified.
- With the status of an intervening partyTR, the victim joins the proceedings.
For detailed information and legal support, you can contact Savun Law & Consultancy.
❓ Frequently Asked Questions
Is DaoRoyal really a decentralised DAO?
Am I responsible for the money of the people I invited?
Should I wait for the lock-up period to end before withdrawing?
I sent crypto to DaoRoyal. What can be done?

Questions & answers · Istanbul Bar Association 75235
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This page is an English adaptation of our Turkish article DaoRoyal (daoroyal.com) Kripto Yatırım Dolandırıcılığı.
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