Southledger Scam: ASIC Warning on Two Domains

Southledger is the name of a scheme that looked for investors through two different domains opened two weeks apart and quickly entered Australia's official warning list. Using the singular and plural spellings together is a known preparation: a new address is put in place immediately when the blocked one is lost.

🔍 Domain Names and the ASIC Entry

• southledger.com — registered on 8 October 2026.
• southledgers.com — registered on 19 October 2026, eleven days after the first.
• Both addresses were taken into the ASIC investor alert list as separate entries on 28 October 2026.
• After the warning, both sites became inaccessible.

The platform is not authorised by the SPK; authorised institutions in Türkiye can be seen in the SPK list of intermediary institutions.

🚩 How Do Platforms of This Kind Collect Money?

On investment sites named "ledger" whose lifespan does not exceed a few weeks, the flow is usually the same: a panel is opened for the person reached through a social media advert or a messaging app, a first deposit is taken by crypto or bank transfer, and a rising balance is shown on screen. When a withdrawal is requested, a new payment is demanded under the name of "verification" or "tax", and then the site changes address.

🔗 Other Platforms Using the Same Method

We have previously examined similar schemes that received an ASIC warning or change their address often:

🧭 The Legal Route Open to Victims

For payments made in crypto, identifying the exchange the money was transferred toTR comes to the fore; for bank transfers, the possibility of a SWIFT recall does. Unauthorised activity is handled under Article 109 of Capital Markets Law No. 6362; the later stages are described in the article from investigation to indictmentTR.

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

❓ Frequently Asked Questions