Digital Asset Solutions: Scam Warning, Reviews and Recovery Guide

Issued by: Ontario Securities Commission (OSC) / CSA · Date: 2026-06-09 · Region: Ontario

Reviewed by: William Galipeau · Last updated: 2026-08-24

Also known as: Digital Assets Solutions, Digital Asset Solutions Ontario

Overview: Is Digital Asset Solutions Legit?

Digital Asset Solutions, also known as Digital Assets Solutions, has been flagged by the Ontario Securities Commission (OSC) and the Canadian Securities Administrators (CSA) on June 9, 2026 as an unregistered entity engaging in the trading of securities in Ontario without authorization. If you have searched Digital Asset Solutions reviews, tried to contact the company, or are wondering whether this is a legitimate Ontario crypto investment firm, this OSC warning confirms it is not authorized to operate.

What makes this warning particularly notable is the specific physical address cited: 375 Sea Ray Avenue, Innisfil, Ontario L9S 0N9. Most fraudulent investment platforms hide behind anonymous offshore registrations, virtual mailboxes, or placeholder addresses. A specific, named Ontario address — in a small community north of Barrie on the shores of Lake Simcoe — is unusual and suggests either a genuine local footprint in Ontario, or that the address is being used without the occupant's knowledge.

The OSC's inclusion of this specific address means it was obtained from client-facing materials provided by Digital Asset Solutions itself — the firm was actively presenting this address to prospective investors as its business location. This suggests direct local solicitation: in-person meetings, phone calls to local residents, or community-level referral networks rather than anonymous online advertising.

No domain name or website was disclosed in the regulatory warning — unusual, since most OSC alerts include a platform URL. The absence of a public domain reference suggests Digital Asset Solutions operates primarily through direct contact rather than a publicly accessible website, making it harder to find through standard pre-investment research.

The OSC's National Registration Database contains no record of Digital Asset Solutions being authorized to trade crypto assets or securities in Ontario. Report to RecoverFunds.ca if you have dealt with Digital Asset Solutions.

How Digital Asset Solutions Operates

Local Ontario operation: Unlike most internationally operated investment scams, Digital Asset Solutions presents a local Ontario address in Innisfil. Local positioning projects community credibility and reduces the geographic suspicion that comes with offshore-registered platforms. A locally based investment firm feels more accountable.

Direct solicitation model: The absence of a publicly disclosed website suggests Digital Asset Solutions relies on personal referrals, community connections, social media messaging, or phone calls. This direct model is common in smaller-scale fraud operations and makes the fraud harder for regulatory monitoring to detect.

Crypto asset positioning: The name positions the firm within cryptocurrency and digital asset space, appealing to Ontario investors seeking managed crypto exposure without managing wallets themselves.

Unregistered dealing in securities: The OSC confirms this entity is engaging in the business of trading securities — including crypto assets that qualify as securities under Ontario law — without required registration. No client fund protection, no segregated accounts, no regulatory capital requirements.

Early-stage detection: No documented victim losses have surfaced publicly, suggesting the OSC acted on a tip or complaint before the fraud reached scale.

Red Flags in Digital Asset Solutions Reviews

  • OSC warning issued June 9, 2026 — not registered to trade securities or crypto assets in Ontario
  • 375 Sea Ray Avenue, Innisfil, Ontario L9S 0N9 — specific Ontario address cited; suggests local in-person solicitation
  • No website domain disclosed in the OSC warning — operates through direct contact rather than public platform
  • No appearance in the OSC National Registration Database
  • Operating as an unregistered securities dealer with no client fund protections
  • Crypto and digital asset positioning used to attract Ontario investors seeking managed exposure
  • Early-stage detection — OSC acted before fraud reached full public scale
  • No regulatory capital requirements or investor protection scheme coverage for clients

What the Regulator Said

Digital Asset Solutions (aka Digital Assets Solutions) is not registered in Ontario to engage in the business of trading in securities. Investors who deal with unregistered entities have no regulatory recourse if funds are lost.

Official regulator source

What to Do if You Were Targeted by Digital Asset Solutions

  1. Report your case to RecoverFunds.ca at recoverfunds.ca/report-crypto-fraud-canada. Include how you were contacted and any documentation referencing the Innisfil address.
  1. Contact the Ontario Securities Commission (OSC) at 1-877-785-1555 or osc.ca/en/report-misconduct.
  1. Report to the Canadian Anti-Fraud Centre and to the securities regulator for your province, the full process, with contact details for every province, is here
  1. Contact your bank or crypto exchange and report all transfers as suspected fraud.
  1. If approached in person in the Innisfil or Barrie area, document the location and contact details — local operations are easier for regulators to pursue.
  1. Preserve all evidence: any Digital Asset Solutions materials, all communications, and every payment record.
  2. Do not pay anyone who offers to recover your money for an upfront fee — that is a second scam, and it deliberately targets people who have already lost money once

Digital Asset Solutions: Frequently Asked Questions

Is Digital Asset Solutions a scam?

Digital Asset Solutions is the subject of a published investor alert from Ontario Securities Commission (OSC) on June 9, 2026. Regulators issue these when an operation is offering investments to people it has no authorisation to deal with, and dealing with an unregistered platform means no regulatory recourse if the money disappears.

Is Digital Asset Solutions legit, and is it registered in Canada?

Registration is the check that settles this, and it is one you can run yourself in under a minute at aretheyregistered.ca. Digital Asset Solutions was named in an investor warning from OSC on June 9, 2026. Certificates and licence numbers shown on a platform's own site are not evidence; the national register is.

Why can't I withdraw my money from Digital Asset Solutions?

If a Digital Asset Solutions withdrawal has stalled, the important thing is to stop paying. Regulators see the same sequence repeatedly: the withdrawal is approved in principle, then a fee is required before release, then another after that. The fees demanded after a failed withdrawal often exceed the original deposit. There is no threshold that unlocks the money — here is what to do instead.

Why is my Digital Asset Solutions login not working?

A Digital Asset Solutions login that stops working is worth treating as information rather than a glitch. Accounts on flagged platforms are frequently locked once the operator decides a client is no longer going to deposit, and domains disappear entirely when an operation moves on. Screenshot whatever you can still reach — balances, transaction history, chat logs — before it becomes unreachable.

Are Digital Asset Solutions reviews real?

Ratings-site reviews are among the easiest things to manufacture, and a platform under a regulatory warning has every reason to manufacture them. For Digital Asset Solutions, weigh the OSC warning on June 9, 2026 above any star rating. Also be wary of reviews that appear immediately after a warning is published — a sudden burst of five-star reviews is a response to the warning, not evidence against it.

Can I get my money back from Digital Asset Solutions?

We do not make recovery promises and you should be wary of anyone who does. What genuinely affects the outcome is speed and payment method: contacting your bank, card issuer or exchange on the same day is the step most likely to matter. Regulators can warn and enforce, but they are not a reimbursement scheme. Be especially careful of anyone who contacts you offering to recover funds from Digital Asset Solutions for a fee paid in advance — that is the most common way people lose a second amount.

How do I report Digital Asset Solutions in Canada?

Report to the Canadian Anti-Fraud Centre, to your provincial securities regulator, and to your local police — and to your bank or exchange the same day, ahead of all of them. Report to the regulator for the province you live in rather than wherever Digital Asset Solutions claimed to be based, because that is almost always fictional. Step by step, with every provincial contact, is here.

Related Fraud Alerts

How to report investment fraud in Canada, the full process · How we verify these warnings