Is Gold Reserve a scam?

Asked about Gold Reserve (GOR), market cap rank #7294.

Short answer

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

Source: isthiscoinascam.com · Updated 2026-06-03

Red flags raised

  • Trading volume is near zero
  • Not listed on any high-trust exchange
  • Very low on-chain liquidity

Positive signals

  • CEO Alan Mike is a partner in the mining operation.
  • Audit report available on Cyberscope's website.
  • Whitepaper available on the official website.
  • Active social media presence with Telegram, Discord, YouTube, and GitHub.
  • Transparent tokenomics with circulating supply disclosed.

Security audits

1 audit on record.

  • Cyberscope (2024-12-15) — pass

Team transparency

The Gold Reserve team is doxxed — public identities are known.

See the full report

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