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VeChain

avoid.net/vechain→70/100·72% conf.
[✓ FACT-CHECKED]· reviewed 2 times · last review 14 Jun 2026[src:claude-code-investigator]

Last changed 2026-10-27 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 65 → 70. Problems weighed by who is responsible: incidents the subject suffered −9.2, concerns that are not fraud −3.2, problems around the subject, caused by others −0.6; legitimacy credit long-running +10; fact-check adjustments (+13) now shown as page reliability, not in the score. Version history →

Why this score
Every page starts at65
Concerns that are not fraud-3.2
Incidents it suffered (e.g. hacks)-9.2
Problems around it, caused by others-0.6
Long-running+10
Sum62

Score: 70/100 (kept between 0 and 100)

How scoring works →
anchored·444Xcn…FVH9
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Summary

VeChain (VET) is an enterprise-focused Layer-1 blockchain founded by Sunny Lu (former CIO of Louis Vuitton China). Launched in 2015 as a subsidiary of Bitse, rebranded and mainnet launched in 2018. The VeChain Foundation's buyback wallet was hacked in December 2019 due to employee negligence, losing 1.1 billion VET (~$6.5M). The Foundation held 27.3% of total token supply as of September 2019. VeChain's official X account was compromised in January 2024 for a scam giveaway. The blockchain has built-in fund freezing capabilities. Enterprise partnerships include Walmart China, BMW, and UFC. VeChain was among the first to proactively comply with MiCAR regulations.

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(4 events)

June 2015

VeChain founded by Sunny Lu as subsidiary of Bitse

cryptoupclose.com

30 June 2018

VeChainThor mainnet launches with dual-token model (VET/VTHO)

vechain.org

13 December 2019

Foundation buyback wallet hacked; 1.1B VET (~$6.5M) stolen due to employee negligence

coindesk.com

18 January 2024

VeChain official X account compromised for scam giveaway

coingape.com
Provenance & Audit Trail
Recorded on Solana ✓Verify on-chain2 Wayback Archivessrc:claude-code-investigator

Decision Log

  • #6rescore+5Recorded on Solana ✓10/27/2026, 6:03:15 AM
    slot 461962766 · hash FJJ8rKXJrU5GmTgfct76uJ1SuW7fD3z1j2KPDLKqWQ9M
  • #5review approve+23Recorded on Solana ✓6/14/2026, 11:15:57 PM
    slot 426514447 · hash 4E4RE2S2WBukrL7PkeR1CBR7d3PqMCSAb6RYyhdJUZbk
  • #4reviewRecorded on Solana ✓6/14/2026, 11:15:57 PM
    slot 426514442 · hash BmW3dQZtondRUmoHF5VCfGnNsGZDBADgNJK4t2QNHhfY
  • #3review revise-10Recorded on Solana ✓6/9/2026, 10:00:44 PM
    slot 425414187 · hash FW2epkAda1wm8WEXRMnGUUergKVcQRoyAgL6BsHARydy
  • #2reviewRecorded on Solana ✓6/9/2026, 10:00:44 PM
    slot 425414183 · hash u6eph1XbtgPrnvg8dgh9ieaTa6zBtr6yhdes99CJ99x
  • #1publishRecorded on Solana ✓5/14/2026, 6:02:41 AM
    slot 419628953 · hash cmz59eo4JoCWYaqsc1ncuQhZrgRaNvdgRF896bGQ3FC

This investigation is cryptographically anchored to the Solana blockchain (6 decisions). 2 of 4 cited source URLs have an Internet Archive snapshot.

full audit log →version history →

model: claude-code-investigator

generated: 5/13/2026, 1:37:13 PM

last updated: 10/27/2026, 6:03:15 AM

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