TL;DR
Shiba Inu – the self-proclaimed Dogecoin killer – has a vast community of holders, proponents, and developers. As such, it is no surprise that members often become targets for bad actors.
The Shibarium Trustwatch team recently sounded a note of caution about a fake X account which presents itself as a legitimate project and promotes certain services with Treat.
Shibarium Trustwatch claimed the scammers employ a “positive narrative” to con individuals and offer investments that include a token that has yet to see the light of day. “Always double-check information and invest wisely,” they advised.
This is not the first time wrongdoers have gone on the hunt using fake Treat tokens as bait. Such a threat was witnessed nearly a month ago:
SHIB community members using Telegram as a messaging platform have also been marked by scammers. Not long ago, the team warned that fake groups on the app offer malicious airdrops, instructing the Shibarmy to stay away.
Prior to that, there was a similar warning, claiming that bad actors present themselves as legitimate individuals or entities only to find an opportunity to drain people’s wallets once connecting them via the messaging app:
The post Watch Out: Shiba Inu (SHIB) Team Issues an Important Alert to the Community appeared first on CryptoPotato.
- The Shiba Inu team warned of scammers promoting a fake Treat token.
- Wrongdoers also target Shiba Inu community members on Telegram with fraudulent airdrops and impersonation schemes designed to steal personal data or funds.
The ‘Misleading Tactics’
Shiba Inu – the self-proclaimed Dogecoin killer – has a vast community of holders, proponents, and developers. As such, it is no surprise that members often become targets for bad actors.
The Shibarium Trustwatch team recently sounded a note of caution about a fake X account which presents itself as a legitimate project and promotes certain services with Treat.
Shibarium Trustwatch claimed the scammers employ a “positive narrative” to con individuals and offer investments that include a token that has yet to see the light of day. “Always double-check information and invest wisely,” they advised.
This is not the first time wrongdoers have gone on the hunt using fake Treat tokens as bait. Such a threat was witnessed nearly a month ago:
Telegram Users Beware
SHIB community members using Telegram as a messaging platform have also been marked by scammers. Not long ago, the team warned that fake groups on the app offer malicious airdrops, instructing the Shibarmy to stay away.
Prior to that, there was a similar warning, claiming that bad actors present themselves as legitimate individuals or entities only to find an opportunity to drain people’s wallets once connecting them via the messaging app:
The post Watch Out: Shiba Inu (SHIB) Team Issues an Important Alert to the Community appeared first on CryptoPotato.
![[DK]](/data/avatars/s/57/57999.jpg?1720990206){kind=avatar}
