Kaspa Trust (kaspatrust.com) Scam Warning: ASIC Alert

Australia's markets authority ASIC has placed Kaspa Trust, run from the address kaspatrust.com, on its investor alert list. The word "Trust" in the name gives the impression that deposited crypto assets are protected in a secure custody account; the point ASIC draws attention to is exactly this misleading appearance of safety.

🔍 What Has Been Identified About kaspatrust.com

• Domain name: kaspatrust.com, registered on 23 September 2026
• Official warning: ASIC, IOSCO I-SCAN entry, 12 November 2026
• Spelling variant: KaspaTrust

The domain name entered the warning list only seven weeks after its registration. The kaspa.com domain, which runs under the Kaspa name and is mentioned in the records as linked to this operation, was added to ASIC's list in the same period; the link between the two addresses has not been independently verified. The open-source Kaspa (KAS) blockchain network itself is not the subject of this warning; the warning concerns only the address kaspatrust.com.

🔐 The False Sense of Custody Created by the "Trust" Name

In schemes of this kind the name of a well-known coin is borrowed and the investor is told that the assets are held in a foundation or custody account. The user sends USDT or the relevant coin to the address shown by the platform; regular interest or staking returns build up on the dashboard. When a withdrawal is requested, a "network fee", a tax or an account verification fee is demanded, and every payment is followed by a new condition.

🔗 Other Platforms Using the Same Method

We have also covered other platforms that work with a growing crypto balance on the dashboard and a chain of fees at withdrawal:

🧭 The Process for Kaspa Trust Victims

In Türkiye, providing crypto-asset services without authorisation is sanctioned under Article 109/A of Capital Markets Law No. 6362; assets collected through a fake dashboard are also treated as qualified fraud under Article 158/1-f of the Turkish Penal Code. Authorised institutions can be seen in the SPK list of brokerage firms. For crypto transfers, the main stops of the process are tracing money moved to exchangesTR, seizure and confiscationTR and the move from investigation to indictmentTR.

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

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