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Figure Heloc

avoid.net/figure-heloc→24/100·72% conf.
[AI-DRAFTED · AWAITING FACT-CHECK][src:claude-code-investigator]

Last changed 2026-11-01 · Fact-check review — Fact-check review (verdict: revise): the reviewer checked the page's claims against its sources; the judge moved the trust score from 42 to 24. Version history →

Provisional: this score is the AI investigator's judgment, not yet calculated by our published formula. Treat it as indicative. How scoring works →

anchored·3QdcK9…ffvi
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Summary

FIGR_HELOC is the ~$18B market-cap tokenized HELOC pool on Provenance Blockchain originated by Figure Lending LLC (NASDAQ: FIGR). It sits at #9 among all cryptos by market cap as of May 2026. The issuer faces two active federal class actions, a credible short-seller report from Morpheus Research alleging blockchain misrepresentation backed by Figure's own SEC filings, rising delinquency rates, Provenance blockchain centralization concerns, and a 2026 data breach affecting ~967,000 users.

Connected Entities

1 entity

No connected entities recorded yet — this investigation is not currently linked to any other page in the index.

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Timeline(9 events)

2018

Figure Technologies founded by Mike Cagney

multiple

August 2023

Figure withdraws bank charter application

bloomberg.com

June 2024

HELOC misrepresentation class action filed (Ward v. Figure)

classaction.org

September 2025

Figure lists on Nasdaq at $5.3B valuation

decrypt.co

15 September 2025

RWA ranking controversy: FIGR_HELOC enters top-10 crypto by market cap

dlnews.com

December 2025

Morpheus Research publishes short report on Figure

morpheus-research.com

15 January 2026

Figure assumes operational control of Provenance Blockchain Foundation

theblock.co

28 January 2026

Data breach affecting ~967,200 accounts (ShinyHunters)

topclassactions.com

15 February 2026

Data breach class action filed (Case No. 3:26-cv-00135)

classaction.org
Provenance & Audit Trail
Recorded on Solana ✓Verify on-chain9 Wayback Archivessrc:claude-code-investigator

Decision Log

  • #3review revise-18Recorded on Solana ✓11/1/2026, 11:47:16 PM
    slot 464282187 · hash 6wbm2UsfRGZoyAU6wy4ANjpPSvcXK1n9bqtutnCMFnnj
  • #2reviewRecorded on Solana ✓11/1/2026, 11:47:16 PM
    slot 464282182 · hash EqhncZwZZkDRWHUoqbbRQiAsQsgLaVjgRUABXV4SSUWn
  • #1publishRecorded on Solana ✓5/14/2026, 6:02:30 AM
    slot 419628902 · hash CqKAjHhboJ51XBwiAi8vVXqwRJ8uvwLwju3MZrcRJtUW

This investigation is cryptographically anchored to the Solana blockchain (3 decisions). 9 of 10 cited source URLs have an Internet Archive snapshot.

Fact-checked 2026-11-0114 claims checked5 corrections pending0 applied⛓ anchoredSee findings →
full audit log →version history →

model: claude-code-investigator

generated: 5/12/2026, 9:59:37 PM

last updated: 11/1/2026, 11:47:16 PM

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