Is Filecoin a scam?

Asked about Filecoin (FIL), market cap rank #91.

Short answer

Filecoin (FIL) is rated CC on isthiscoinascam.com. This is a low score, indicating elevated scam risk based on the available data.

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

Red flags raised

  • No recent code commits
  • No hard cap on total token supply
  • Regulatory action has been taken against this project
  • Public scam allegations have been raised
  • Less than 50% of supply is circulating

Positive signals

  • Strong market liquidity with a 24-hour trading volume of approximately $67 million.
  • Led by a reputable team with a documented professional background.

Team transparency

The Filecoin team is doxxed — public identities are known.

See the full report

Live price, contract security details, holder distribution, audit list, founder background and community ratings.

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