Kaspa.com Token Launchpad: Investment Risk and ASIC Warning

Kaspa.com presents itself as a "launchpad" and marketplace where new tokens in the Kaspa ecosystem are offered for sale for the first time. Australia's markets authority ASIC has placed the site's token launchpad page on its investor alert list. The warning directly concerns people who put money into tokens that do not yet have an established value.

🧩 What Does kaspa.com Offer?

• Services: KRC-20 token trading, KRC-721 NFTs, KNS domain names, launchpad and airdrop tools
• Official warning: ASIC, IOSCO I-SCAN entry, 12 November 2026 (source: token launchpad page)
• Operator: The site does not state which company provides the service

The domain name was first registered in 2000; however, an old domain name says nothing about the identity of today's operator. Kaspa (KAS) is an open-source blockchain network; the ASIC warning concerns the token sale page on this site, not the network or the coin itself. kaspatrust.com, which runs under the same Kaspa name and is mentioned in the records as linked, was also the subject of an ASIC warning; the link between the two addresses has not been independently verified.

📉 Risks Pointed Out by ASIC

On launchpads of this kind, a person joining a pre-sale pays in the expectation that the token will be listed and gain value; if no liquidity forms, the asset stays in the holder's hands and cannot be sold.

🔗 Other Schemes Built on Token Pre-Sales

We have covered cases before in which a new token sale was combined with a promise of high returns and turned into a scam; these examples are not a ruling on kaspa.com, they show how pre-sale risk can be exploited:

🧭 Legal Framework and Process

Providing crypto-asset services in Türkiye requires SPK authorisation; unauthorised activity is sanctioned under Article 109/A of Capital Markets Law No. 6362. Authorised institutions can be seen in the SPK list of brokerage firms. In disputes arising from token purchases, defects and service faults in crypto-asset salesTR, checking a platform's authorisation statusTR and jurisdiction problems in disputes with an overseas platform come to the fore.

For detailed information and legal support, you can contact Savun Law & Consultancy.

❓ Frequently Asked Questions