Executive Summary
Global Rank
#0
Monthly Visits
0
Avg Duration
0m 0s
Pages/Visit
0.00
Strategic Overview
Historic customer fraud and scam allegations, Zero recent web traffic or platform usage, Abandoned or unsupported technical infrastructure, High-risk P2P marketplace model exposes users to scams.
Our Verdict
Upside & Downside Analysis
The Bull Case
1 PointsNo Evidence of Recent Fake Platform Scam
- Not currently listed on major crypto scam trackers or phishing blocklists.
- No regulatory findings of the company itself running a Ponzi/fake exchange.
- Historic operation as a legitimate, if risky, P2P Bitcoin exchange.
The Bear Case
3 PointsOverwhelmingly Negative User Reputation
- Dozens of unresolved accusations of lost funds and 'scam' operations on Trustpilot.
- Active user warnings and forum threads call it a hotspot for fraud.
- Prolonged lack of customer service or dispute resolution.
Operational Abandonment
- No measurable website activity or usage as of the latest period.
- Evidence of parked/undeveloped site infrastructure and expired SSL.
- No development, press coverage, or verified activity in recent years.
Systemic Marketplace Risks
- P2P design exposes sellers to chargebacks and fraud with little protection.
- Low KYC and identity controls; scammers can exploit weak onboarding.
- No current regulatory oversight or third-party customer protection.
Domain Integrity
Domain is almost 12 years old, privately registered with no recent signals of technical activity or security threats, but SSL is expired and parking/undeveloped domain markers are present.
| Registrar | NAMECHEAP INC |
|---|---|
| Domain Age | Feb 21, 2014 (11 years old) |
| Security Status |
Registry Locked
SSL: ZeroSSL RSA Domain Secure Site CA
|
Reputation
16 Reviews
Sentiment Analysis
Trustpilot and review forums are dominated by unresolved complaints, scam accusations, and warnings that the company does not fulfill Bitcoin transfers after payment.
Common Themes
Traffic Distribution
| Top Countries | Traffic Share | Trend |
|---|
Competition
| Competitor Type | Threat Analysis |
|---|---|
| P2P Bitcoin Marketplaces (e.g. LocalBitcoins, Paxful) | Active, trusted competitors offer similar services with better protections and actual user bases, crowding out defunct sites. |
| Centralized Crypto Exchanges (Coinbase, Binance) | These exchanges provide more security, fiat on-ramps, and are fully operational with compliance and support teams. |
SWOT Analysis
Strengths
- Historically real P2P platform with U.S. registration
- No evidence of outright fake platform or regulatory blacklisting
- Simple technical stack, easily maintained at low scale
Weaknesses
- Severe reputation issues and unresolved user fund losses
- No active business, traffic, or development activity
- Poor KYC, high fraud exposure, and technical neglect
Opportunities
- Potential value in brand recognition if reputation is rebuilt
- Regulatory clarity could allow relaunch or asset sale
Threats
- Continued scam allegations and possible lawsuits
- Reputation risk taints any relaunch or associated entities
- Complete operational abandonment and loss of user trust
Tech Stack
Cloud and Hosting
Historic hosting through Amazon AWS, DigitalOcean, GoDaddy, and periods of Sedo (parking), with no recent development or upgrade activity.
Web Application Stack
Built on Django (Python), Ubuntu Linux, Nginx, with historical use of live chat, analytic, and social media plugins. SSL expired; latest signals point to essential parking and CDN/ad-serving elements.
Key Risks
| Identified Risk | Impact | Mitigation |
|---|---|---|
| Customer funds lost due to non-fulfillment of Bitcoin transfers | High | No apparent active mitigation—risk is realized; users should avoid transacting. |
| Fraud or chargebacks via weak P2P controls | High | Structural to P2P model; no evidence of adequate KYC or dispute systems. |
| Regulatory enforcement or consumer action | Medium | Absence of current active regulatory findings, but prior complaints raise exposure risk. |
| Operational abandonment or insolvency | High | Domain parking/expired SSL indicates probable abandonment; no viable business continuity plan. |
Contacts
Department Points of Contact
Social Presence
Appendix & Sources
Key Citations
-
Wall of Coins: Effortless Marketplace for Bitcoin | Bitcoinist.com
2016 news coverage of Wall of Coins as a P2P Bitcoin marketplace.
-
Wallofcoins.com – Trustpilot Reviews
Trustpilot profile demonstrating history of user accusations and 1-star reviews.
-
P2P Bitcoin Marketplace – Bitrates Exchange Review
Exchange review with additional user warnings and operational risk explanations.
-
Florida Business Location – Google Maps
Physical address of Wall of Coins listed in Sarasosta, Florida.
Data Sources Used
Disclaimer
This report is for informational purposes only and is not investment or legal advice. Data is based on best available public intelligence as of 2026-01-08 and may not reflect the most recent operational changes or legal actions.