Is Chainflip a scam?
Asked about Chainflip (FLIP), market cap rank #648.
Short answer
Chainflip (FLIP) 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 hard cap on total token supply
- 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
Team transparency
The Chainflip team is anonymous — public identities are not on record.
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