This crypto does not allow sending and receiving. You are at the mercy of the developers to enable it later. Does more need to be said? You are not in control of your chia wallet, even if you have the private keys. This is the opposite of user control, opposite of coin ownership. Chia, after several years of development, does not have one of the fundamental required properties - the ability to send and receive. And it is heavily pre-mined, the bug tracker is a bloody mess, software is slow, bloated and unstable. Network is experiencing serious problems even with literally ZERO transactions (remember, transactions are not allowed at the moment).

Are there any red flags left unraised by this coin?