diff --git a/spec/integ/crypto/cross-signing.spec.ts b/spec/integ/crypto/cross-signing.spec.ts
index 8a08eebdb..b81bf6f00 100644
--- a/spec/integ/crypto/cross-signing.spec.ts
+++ b/spec/integ/crypto/cross-signing.spec.ts
@@ -347,6 +347,67 @@ describe.each(Object.entries(CRYPTO_BACKENDS))("cross-signing (%s)", (backend: s
 
             expect(isCrossSigningReady).toBeTruthy();
         });
+
+        it("should return false if identity is not trusted, even if the secrets are in 4S", async () => {
+            e2eKeyResponder.addCrossSigningData(SIGNED_CROSS_SIGNING_KEYS_DATA);
+
+            // Complete initial sync, to get the 4S account_data events stored
+            mockInitialApiRequests(aliceClient.getHomeserverUrl());
+
+            // For this test we need to have a well-formed 4S setup.
+            const mockSecretInfo = {
+                encrypted: {
+                    // Don't care about the actual values here, just need to be present for validation
+                    KeyId: {
+                        iv: "IVIVIVIVIVIVIV",
+                        ciphertext: "CIPHERTEXTB64",
+                        mac: "MACMACMAC",
+                    },
+                },
+            };
+            syncResponder.sendOrQueueSyncResponse({
+                next_batch: 1,
+                account_data: {
+                    events: [
+                        {
+                            type: "m.secret_storage.key.KeyId",
+                            content: {
+                                algorithm: "m.secret_storage.v1.aes-hmac-sha2",
+                                // iv and mac not relevant for this test
+                            },
+                        },
+                        {
+                            type: "m.secret_storage.default_key",
+                            content: {
+                                key: "KeyId",
+                            },
+                        },
+                        {
+                            type: "m.cross_signing.master",
+                            content: mockSecretInfo,
+                        },
+                        {
+                            type: "m.cross_signing.user_signing",
+                            content: mockSecretInfo,
+                        },
+                        {
+                            type: "m.cross_signing.self_signing",
+                            content: mockSecretInfo,
+                        },
+                    ],
+                },
+            });
+            await aliceClient.startClient();
+            await syncPromise(aliceClient);
+
+            // Sanity: ensure that the secrets are in 4S
+            const status = await aliceClient.getCrypto()!.getCrossSigningStatus();
+            expect(status.privateKeysInSecretStorage).toBeTruthy();
+
+            const isCrossSigningReady = await aliceClient.getCrypto()!.isCrossSigningReady();
+
+            expect(isCrossSigningReady).toBeFalsy();
+        });
     });
 
     describe("getCrossSigningKeyId", () => {
diff --git a/src/rust-crypto/rust-crypto.ts b/src/rust-crypto/rust-crypto.ts
index ee00aba4c..fd06d8201 100644
--- a/src/rust-crypto/rust-crypto.ts
+++ b/src/rust-crypto/rust-crypto.ts
@@ -610,15 +610,17 @@ export class RustCrypto extends TypedEventEmitter<RustCryptoEvents, RustCryptoEv
      * Implementation of {@link CryptoApi#isCrossSigningReady}
      */
     public async isCrossSigningReady(): Promise<boolean> {
-        const { publicKeysOnDevice, privateKeysInSecretStorage, privateKeysCachedLocally } =
-            await this.getCrossSigningStatus();
+        const { privateKeysInSecretStorage, privateKeysCachedLocally } = await this.getCrossSigningStatus();
         const hasKeysInCache =
             Boolean(privateKeysCachedLocally.masterKey) &&
             Boolean(privateKeysCachedLocally.selfSigningKey) &&
             Boolean(privateKeysCachedLocally.userSigningKey);
 
-        // The cross signing is ready if the public and private keys are available
-        return publicKeysOnDevice && (hasKeysInCache || privateKeysInSecretStorage);
+        const identity = await this.getOwnIdentity();
+
+        // Cross-signing is ready if the public identity is trusted, and the private keys
+        // are either cached, or accessible via secret-storage.
+        return !!identity?.isVerified() && (hasKeysInCache || privateKeysInSecretStorage);
     }
 
     /**