Is River a scam?

Asked about River (RIVER), market cap rank #263.

Short answer

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

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

Red flags raised

  • Team is anonymous
  • 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
  • Less than 50% of supply is circulating

Positive signals

  • River documentation publishes smart contract audit-report links.
  • River documentation provides token allocation percentages (liquidity/community/investors/team/ecosystem) totaling a defined supply.

Security audits

3 audits on record.

  • Scalebit (2024-03-15) — unknown
  • Supremacy (2024-03-19) — unknown
  • billh (2024-07-09) — unknown

Team transparency

The River team is anonymous — public identities are not on record.

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