Is Tether USD (USDT) a scam?

Scan summary

Tether USD (USDT) was scanned on Ethereum on 23 Aug 2026 at 23:04 UTC using rpc, cex, goplus, honeypot.is, geckoterminal. Our automated detection rates it as having a likely scam, with an overall risk score of 75 out of 100 (higher means riskier). A sell simulation passed at scan time, meaning the token could be sold — though owners can sometimes change this later. Trading taxes are 0% buy and 0% sell — within a normal range. The token has a very large liquidity pool of $18.36M, which usually means an established, easily tradeable market. Almost none of it is locked, the classic rug-pull setup. Holder distribution looks reasonable, with the top 10 wallets holding 49.84% of supply. The contract owner retains powerful privileges — the ability to mint new tokens, edit wallet balances, pause all transfers and blacklist wallets — which can be abused. This report is generated automatically from public data, is not financial advice, and a clean result is not a guarantee of safety — always do your own research. It is quoted on tier-1 exchange(s) (Binance, Coinbase, OKX), a strong legitimacy signal, though CEX matching is by ticker so verify it is the same asset.