Is Alibaba Group Holding (Backpack Securities) a scam?

Asked about Alibaba Group Holding (Backpack Securities) (BABA), market cap rank #5290.

Short answer

Alibaba Group Holding (Backpack Securities) (BABA) has been scored on isthiscoinascam.com and has a low score, indicating elevated scam risk based on the available data.

Source: isthiscoinascam.com · Updated 2026-09-14

Red flags raised

  • Not listed on any high-trust exchange
  • No hard cap on total token supply
  • Daily volume exceeds market cap (possible wash trading)

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