Sea Digital Bank (seadigitalbank.com)

What Is This Scam?

Sea Digital Bank is a fraudulent financial services operation identified by the Australian Securities and Investments Commission (ASIC) and listed on its official investor alert list. The scam operates through the website seadigitalbank.com, where it poses as a legitimate digital bank or investment platform. Consumers who engage with this entity risk losing money and exposing sensitive personal and financial information to criminals. ASIC has not granted any licence or authorisation to this operation, meaning it has no legal right to offer financial products or services in Australia.

Who Are They Impersonating?

Based on available information, Sea Digital Bank does not appear to be directly cloning a single named legitimate institution. Instead, it adopts the branding and language of a credible digital bank to appear trustworthy and professional. This tactic, sometimes called a fabricated firm scam, involves creating a convincing but entirely fictitious financial brand to lure victims. The goal is to exploit public trust in digital banking services to solicit deposits, investments, or personal data.

Domain Information

The domain seadigitalbank.com was registered on 4 May 2025, making it less than one year old at the time of this alert. A domain age of under two years is a significant red flag in financial services fraud, as scam operations frequently create new websites to avoid detection and to replace sites that have already been reported or taken down. The domain was registered through Ultahost, Inc., and the registrant country on record is the United States. This conflicts with the scam's apparent targeting of Australian consumers and its flagging by an Australian regulator, which is itself a warning sign that the operation has no genuine ties to any regulated jurisdiction.

Red Flags

• Listed on the ASIC investor alert list, meaning it is operating without a valid Australian financial services licence.
• The domain seadigitalbank.com is less than one year old, which is a common characteristic of short-lived scam websites.
• The registrant country is the United States, which is inconsistent with operating as a legitimate Australian-regulated financial entity.
• No verifiable regulatory licence numbers are associated with this operation.
• The entity presents itself as a digital bank without any verifiable regulatory authorisation or physical presence.
• No legitimate parent company or regulated firm is being transparently represented.

What To Do If You Have Been Contacted

If you have been contacted by Sea Digital Bank or visited seadigitalbank.com, do not provide any personal information, banking details, or funds. If you have already transferred money or shared sensitive data, contact your bank immediately to report the transaction and request a recall where possible. Report the scam to ASIC via the MoneySmart website and to the Australian Cyber Security Centre (ACSC) through ReportCyber. Keep records of all communications, including emails, messages, and screenshots, as these may assist investigators.