Is Badger a scam?

Asked about Badger (BADGER), market cap rank #1358.

Short answer

Badger (BADGER) 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

  • Owner can change any wallet's balance
  • 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
  • No whitepaper found

Positive signals

  • Publicly available security review/audit PDFs hosted on badger.com for parts of the system.
  • Doxxed multi-founder team is referenced by multiple third-party sources (though not verified from primary founder pages here).

Security audits

2 audits on record.

  • Spearbit (2023-08-20) — unknown
  • Zokyo — unknown

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