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DCENT Wallet

avoid.net/dcent-wallet→50/100·72% conf.
[✓ FACT-CHECKED]· reviewed once · last review 27 Oct 2026

Last changed 2026-10-27 · Fact-check review — Fact-check review (verdict: revise): the reviewer checked the page's claims against its sources; the trust score did not change. Version history →

Why this score
Every page starts at65
Concerns that are not fraud-12
Incidents it suffered (e.g. hacks)-10
Problems around it, caused by others-1.1
Long-running+10
Recent unresolved incident-11.6
Sum40

Score: 50/100 (kept between 0 and 100)

How scoring works →

Page reliability: Fact-checked 2026-10-27 · 5 of 9 claims confirmed · 2 need better sources · 2 out of date

anchored·5p9qwy…b9fo
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Summary

DCENT Wallet is a hardware and software cryptocurrency wallet product developed by South Korean cybersecurity firm IoTrust Co., Ltd., founded in 2017 and headquartered in Seoul. On September 16, 2026, IoTrust publicly disclosed that it detected abnormal asset transfers on its DCENT App Wallet and launched an emergency investigation, urging all App Wallet users and any hardware wallet users who shared a mnemonic phrase with the App Wallet to move funds immediately. As of the date of this investigation, no root cause, loss total, or number of affected users has been disclosed, and the incident remains active.

Connected Entities

2 entities · 3 linked investigations
Organizations
□DCENT Wallet□Flare67
Relationships
  • DCENT Wallet→mentioned with→Flare(60%)
Also appears in
Hong Kong Insurance Agent Romance Scam — Fake Crypto App ($3.3M, July 2026)·0fxrpntwork.com — Fake Flare Network XRP Staking Scam·0Flare·67

Connected Through

1 shared actor · 3 investigations

Distinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.

Have evidence about DCENT Wallet?
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Accepted
3
Under review
0
Rejected / revoked

3 submissions awaiting moderator review.

Timeline(4 events)

1 January 2017

IoTrust Co., Ltd. founded in Seoul, South Korea by Sangsu Baek, Minho Yoo, and cybersecurity team.

99Bitcoins D'CENT Wallet Review

1 January 2018

IoTrust launches the D'CENT Biometric Wallet, described as the world's first biometrically secured hardware wallet.

D'CENT Wallet Review — Decrypt

1 January 2021

IoTrust raises approximately $6 million USD in a funding round from L&S Venture Capital, KDB Capital, K-Run Ventures, SL Investment, and KB Investment.

D'CENT Wallet attracts investment of $6.0M USD — Medium

16 September 2026

IoTrust publicly announces via official X accounts that it detected abnormal asset transfers on the DCENT App Wallet and urges all App Wallet users, and hardware wallet users who shared a mnemonic with the App Wallet, to move funds immediately. Root cause, loss figures, and scope not disclosed. Investigation described as ongoing.

DCENT Warns App Wallet Users After Detecting Abnormal Asset Transfers — Crypto Times
Provenance & Audit Trail
Recorded on Solana ✓Verify on-chain12 Wayback Archives

Decision Log

  • #4review reviseRecorded on Solana ✓10/27/2026, 7:20:14 PM
    slot 462186752 · hash BbR4sYuDXX2mzBkNUxKL9Gu6Etnyee1PT12q49ij68Fs
  • #3reviewRecorded on Solana ✓10/27/2026, 7:20:14 PM
    slot 462186747 · hash 77NQhca8ttBC299Kd7x2i3ga6EfkNbQpn9SUXHSU7uaE
  • #2rescore+22Recorded on Solana ✓10/27/2026, 6:09:52 AM
    slot 461967038 · hash ChBLZxiM9uVGeSXtBcThQVc1QRxK5yAhGCSY8aRk36nW
  • #1publishRecorded on Solana ✓9/17/2026, 12:15:45 PM
    slot 447792918 · hash Eqszo88NtpK5jPcBah1NGHZpqCK5e3UZktp7guJB3fU7

This investigation is cryptographically anchored to the Solana blockchain (4 decisions). 12 of 15 cited source URLs have an Internet Archive snapshot.

Fact-checked 2026-10-279 claims checked2 corrections pending0 applied⛓ anchoredSee findings →
full audit log →version history →

model: claude-sonnet-4-6

generated: 9/17/2026, 12:11:59 PM

last updated: 10/27/2026, 7:20:14 PM

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