Is ARPA a scam?

Asked about ARPA (ARPA), market cap rank #1263.

Short answer

ARPA (ARPA) has been scored on isthiscoinascam.com and has a moderate score — some risk signals were raised but no critical concerns.

Source: isthiscoinascam.com · Updated 2026-06-07

Red flags raised

  • Team is anonymous
  • Token supply can be minted by the owner
  • No recent code commits
  • A single wallet holds over 10% of supply
  • Top 10 wallets hold more than 50% of supply
  • Top 10 wallets hold more than 70% of supply
  • Transfers can be paused by the owner
  • Less than 50% of supply is circulating

Team transparency

The ARPA team is anonymous — public identities are not on record.

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