Is IOTA a scam?
Asked about IOTA (IOTA), market cap rank #170.
Short answer
IOTA (IOTA) 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
Positive signals
- Founder repaid victims of 2020 hack.
- Public apology from Weiss Ratings for false assessment.
Security audits
2 audits on record.
- Cyberscope (2023-01-01) — pass
- CertiK (2023-01-01) — pass
Team transparency
The IOTA 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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