Is iShares Flexible Income Active ETF (Ondo Tokenized ETF) a scam?
Asked about iShares Flexible Income Active ETF (Ondo Tokenized ETF) (BINCON), market cap rank #7586.
Short answer
iShares Flexible Income Active ETF (Ondo Tokenized ETF) (BINCON) has been scored on isthiscoinascam.com and has a low score, indicating elevated scam risk based on the available data.
Source: isthiscoinascam.com · Updated 2026-06-06
Red flags raised
- Team is anonymous
- Not listed on any high-trust exchange
- No hard cap on total token supply
- 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
- Upgradable proxy
- Very few unique holders
- Very low on-chain liquidity
Team transparency
The iShares Flexible Income Active ETF (Ondo Tokenized ETF) team is anonymous — public identities are not on record.
See the full report
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