← Remitanoreviewed 2026-11-02 · 12 claims checked
Fact-check findings
What an automated fact-checker found when it re-read Remitano against the sources the page cites. Only the most recent review is shown.
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These findings are produced by an automated reviewer, and its results vary between runs: the same page, checked three times on the same day, came back with 15%, 20% and 34% of its claims disputed, mostly because each run extracted a different number of claims. Treat what follows as leads, not rulings.
“Disputed” means the reviewer could not reconcile the claim with the evidence it cited. It does not mean the claim is false. “Unverifiable” means no reachable source settled it either way.
Nothing here changes the page on its own. A proposed correction is applied only after a human moderator approves it; until then the page reads as it did when reviewed.
disputed
1 claimThe reviewer could not reconcile the claim with the evidence it cited. This is a lead, not a ruling that the claim is false.
- #1[disputed][awaiting moderator]in section: Security Incident: September 2023 Hot Wallet Hack
“The attack occurred just three days after a similar hack of the CoinEx exchange, also attributed by investigators to the Lazarus Group.”
reviewerThe Remitano hack occurred just three days after the CoinEx hackCoinEx was hit on 12 Sept 2023 and Remitano on 14 Sept 2023, a gap of two days. The Lazarus attribution for CoinEx is suspicion by ZachXBT, SlowMist and Elliptic, not a formal finding.Proposed correction (not yet applied)The attack occurred just two days after a similar hack of the CoinEx exchange, also attributed by investigators to the Lazarus Group.
unverifiable
3 claimsNo source the reviewer could reach confirms or contradicts the claim.
- #10[unverifiable][awaiting moderator]in the timeline
“Remitano launched by Babylon Solutions Limited, incorporated in Seychelles, as a peer-to-peer cryptocurrency exchange.”
reviewerRemitano launched in April 2015 by Babylon Solutions LimitedNo cited source for the 2015-04 launch month or for launch by Babylon specifically. The entry has an empty source field. - #11[unverifiable][awaiting moderator]in the timeline
“Remitano launches RENEC (Remitano Network Coin) as its native blockchain token.”
reviewerRENEC launched 2021-06-30I did not fetch the Cointelegraph press release, and it has no archive. The exact day was not checked. - #12[unverifiable][awaiting moderator]in section: User Complaints and Platform Reliability
“As of 2025, the platform reported over 10,000 Trustpilot reviews.”
reviewerUser complaints and over 10,000 Trustpilot reviewsI did not fetch Trustpilot or PissedConsumer; the review count is a moving figure.
partially supported
5 claimsThe cited evidence supports part of the claim but not all of it.
- #2[partially supported][awaiting moderator]in section: Security Incident: September 2023 Hot Wallet Hack
“Tether Ltd. cooperated with Remitano and froze the attacker's address, recovering approximately $1.4 million in USDT on Ethereum and $537,000 in USDT on TRON, leaving an estimated net loss of around $760,000 unrecovered.”
reviewerTether froze the attacker's address and recovered about $1.4M USDT on Ethereum plus $537,000 on TRON, leaving a net loss of about $760,000Sources I reached support about $1.4M frozen by Tether, not a separate $537,000 on TRON, and describe a freeze rather than a recovery. The ~$760,000 net loss is derived arithmetic that depends on the unverified TRON figure. - #3[partially supported][awaiting moderator]in section: Security Incident: September 2023 Hot Wallet Hack
“Some security analysts have alleged the attack bore hallmarks consistent with the Lazarus Group, a North Korea-linked cybercrime organization that was active in targeting centralized exchanges during the same period, though no official attribution was formally confirmed specifically to Remitano.”
reviewerAttack bore hallmarks of Lazarus; no formal attribution to RemitanoThe hedging in this sentence is appropriate, but the Lazarus link rests on one weak source that contradicts itself. The summary's wording 'probable suspect' is stronger than the evidence. - #4[partially supported][awaiting moderator]in the summary
“with the Lazarus Group (North Korea-linked) alleged as a probable suspect”
reviewerLazarus Group alleged as a probable suspect (summary)'Probable' overstates what the only reachable source says. 'Suspected' or 'speculated' would match it better. - #5[partially supported][awaiting moderator]in section: Security Incident: September 2023 Hot Wallet Hack
“Approximately $1.4 million in Tether (USDT), $208,000 in USD Coin (USDC), and 104,000 Ankr tokens (valued at approximately $2,000) were drained in two transactions on the Ethereum network, totaling roughly $2.7 million across multiple chains including TRON.”
reviewerHack total about $2.7M with $1.4M USDT, $208K USDC, Ankr tokensThe total and token breakdown are confirmed. 'Two transactions' and the 12:45 UTC timing were not verified. Forklog lists Ethereum, Tron and Bitcoin Cash as the chains. - #9[partially supported][awaiting moderator]in section: Corporate Structure and Legal Entity Status
“Remitano is operated by Babylon Solutions Limited, a company that was incorporated as an International Business Company in Seychelles.”
reviewerRemitano is operated by Babylon Solutions Limited, a Seychelles IBC (stated as fact)The regulator hedges with 'allegedly'. The page drops that hedge in the summary and section.
confirmed
3 claimsThe cited evidence supports the claim as written.
- #6[confirmed][no action needed]in section: Regulatory Actions and Investor Warnings
“In April 2021, the Securities Commission Malaysia (SC) reprimanded Remitano for operating a digital asset exchange without SC authorization, in violation of Section 7 of the Capital Markets and Services Act 2007.”
reviewerSC Malaysia reprimand, Section 7 CMSA, investor alert, MCMC block, Google/Apple letters, penaltiesFully supported by the regulator's release. The timeline date 2021-04-13 matches. - #7[confirmed][no action needed]in section: Regulatory Actions and Investor Warnings
“On February 5, 2024, the United Kingdom's Financial Conduct Authority (FCA) added Remitano to its warning list of unauthorized firms”
reviewerFCA added Remitano to warning list on 5 Feb 2024Date and consumer-protection consequences match the FCA warning. - #8[confirmed][no action needed]in section: Regulatory Actions and Investor Warnings
“On May 20, 2025, the Financial Services Authority (FSA) of Seychelles”
reviewerSeychelles FSA warning on 20 May 2025; Babylon Solutions struck off 1 Jan 2023Confirmed. The URL slug says '2029' but the page text and the Act are 2024, so the slug is not a page error. Note the FSA says Babylon was 'allegedly' the operator, and the page states it as fact in the corporate section.
How this fits together. The reviewer reads the published page and its cited sources and records one finding per claim. A human moderator decides whether each proposed correction is applied; those decisions, and the score changes they cause, appear in the audit log. Earlier review runs are not shown here; only the latest reflects the page as it stands.