Verify a decision

{"actor":"system:backfill","investigation_id":"e19d0cde-d8db-4eff-a8fc-ba46bed122c5","kind":"publish","page_slug":"portal","published_at":"2026-05-25T18:20:03.943Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Portal","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://decrypt.co/208747/portal-foundation-adds-rockstar-games-cofounder-amid-airdrop-push","type":"other","url":""},{"credibility":3,"name":"https://www.globenewswire.com/news-release/2023/12/06/2791841/0/en/Rockstar-Games-Co-Founder-Jamie-King-Joins-Portal-Advisory-Board.html","type":"other","url":""},{"credibility":3,"name":"https://www.portalgaming.com/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://coinmarketcap.com/currencies/portal-gaming/","type":"other","url":""},{"credibility":3,"name":"https://coingape.com/portal-price-tanks-50-soon-after-airdrop-whats-ahead/","type":"other","url":""},{"credibility":3,"name":"https://www.binance.com/en/support/announcement/introducing-portal-portal-on-binance-launchpool-farm-portal-by-staking-bnb-and-fdusd-0620f90f55f2420b89158808380b6c9d","type":"other","url":""},{"credibility":3,"name":"https://icodrops.com/portal-2/","type":"other","url":""},{"credibility":3,"name":"https://dropstab.com/coins/portal-gaming/fundraising","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://cryptorank.io/price/portal-coin/vesting","type":"other","url":""},{"credibility":3,"name":"https://dropstab.com/coins/portal-gaming/fundraising","type":"other","url":""},{"credibility":3,"name":"https://skynet.certik.com/projects/portalcoin","type":"other","url":""},{"credibility":3,"name":"https://chainbroker.io/projects/portal-gaming/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://skynet.certik.com/projects/portalcoin","type":"other","url":""},{"credibility":3,"name":"https://coinmarketcap.com/currencies/portal-gaming/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.pcrisk.com/removal-guides/29794-check-portal-eligibility-scam","type":"other","url":""},{"credibility":3,"name":"https://www.binance.com/en/square/post/5026288284001","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://decrypt.co/208747/portal-foundation-adds-rockstar-games-cofounder-amid-airdrop-push","type":"other","url":""},{"credibility":3,"name":"https://skynet.certik.com/projects/portalcoin","type":"other","url":""},{"credibility":3,"name":"https://icodrops.com/portal-2/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.binance.com/en/support/announcement/introducing-portal-portal-on-binance-launchpool-farm-portal-by-staking-bnb-and-fdusd-0620f90f55f2420b89158808380b6c9d","type":"other","url":""},{"credibility":3,"name":"https://finance.yahoo.com/news/portal-bitcoin-portal-lands-multi-170000925.html","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://zachxbt.live/","type":"other","url":""},{"credibility":3,"name":"https://t.me/s/investigations?before=134","type":"other","url":""}]}],"sources_used":[],"summary":"Portal (PORTAL) is a Web3 gaming platform and cross-chain token project that launched on Binance Launchpool on February 29, 2024, reaching an all-time high of approximately $4.41 before collapsing over 99% to below $0.01 by late 2025. The project has been flagged due to concerns including extreme token holder concentration, a low audited code coverage percentage, a pre-seed investor price roughly 30x below the listing price creating immediate sell pressure, active phishing and wallet-drainer campaigns impersonating the project, and a partially anonymous founding team. No formal regulatory action by the SEC, CFTC, or DOJ has been publicly confirmed as of May 2026.","timeline":[{"date":"2023-09-01","event":"Portal begins pre-sale and private funding activities, targeting Web3 gaming ecosystem positioning.","source":""},{"date":"2023-12-06","event":"Rockstar Games co-founder Jamie King announced as Portal Foundation advisor.","source":""},{"date":"2023-12-16","event":"Portal's combined private and public token sale closes, raising approximately $29 million at $0.0879 per token.","source":""},{"date":"2024-01-26","event":"CertiK delivers preliminary security audit report for Portal.","source":""},{"date":"2024-02-22","event":"Binance Launchpool farming period for PORTAL begins; peak staking exceeds $9 billion, setting a Binance record.","source":""},{"date":"2024-02-29","event":"PORTAL token listed on Binance at approximately $3.07-3.36. Token reaches all-time high of approximately $4.41 before falling roughly 50% within 24 hours.","source":""},{"date":"2024-03-01","event":"Token airdrop claims opened for eligible users. Community members report regional restrictions and claiming difficulties.","source":""},{"date":"2024-06-01","event":"Approximate date when team and advisor token unlock schedules begin releasing meaningful volumes (30-month linear vest from TGE).","source":""},{"date":"2024-12-31","event":"PORTAL closes 2024 approximately 90% below its all-time high, at roughly $0.30.","source":""},{"date":"2025-10-10","event":"PORTAL reaches all-time low of approximately $0.0076.","source":""},{"date":"2025-12-31","event":"PORTAL ends 2025 approximately 93% below its 2025 opening price.","source":""},{"date":"2026-05-25","event":"PORTAL trading near $0.009, approximately 99.8% below all-time high. Investigation published by AVOID.NET.","source":""}]},"v":1}