Is Magic Internet Money (Ethereum) a scam?

Asked about Magic Internet Money (Ethereum) (MIM).

Short answer

Magic Internet Money (Ethereum) (MIM) has been scored on isthiscoinascam.com and has a low score, indicating elevated scam risk based on the available data.

Source: isthiscoinascam.com · Updated 2026-09-14

Red flags raised

  • Stablecoin has depegged from its target

Team transparency

The Magic Internet Money (Ethereum) team is anonymous — public identities are not on record.

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