Is SafePal a scam?

Asked about SafePal (SFP), market cap rank #253.

Short answer

SafePal (SFP) 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

  • Public scam allegations have been raised
  • 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

Positive signals

  • SafePal publishes an SFP whitepaper and describes SFP utilities and supply in the document
  • A CertiK verification report PDF is available for SafePalToken (URL returned)
  • SafePal provides official scam-alert guidance and links to official support channels

Security audits

1 audit on record.

  • CertiK (2026-01) — unknown

See the full report

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