Is Wormhole a scam?
Asked about Wormhole (W), market cap rank #409.
Short answer
Wormhole (W) has been scored on isthiscoinascam.com and has a high score, indicating low scam risk based on the available data.
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
- Upgradable proxy
Team transparency
The Wormhole team is anonymous — public identities are not on record.
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