Critical Warning by the Shiba Inu (SHIB) Team

The Shiba Inu team issues a critical warning to its community about scammers impersonating project members and promoting fake tokens.

Points

• Scammers are impersonating Shiba Inu project members and promoting fake tokens.
• The community is warned to remain vigilant and follow official channels.
• $TREAT token has not been launched yet, and any offers related to it are scams.

Shiba Inu （SHIB） is one of the so-called OG dog-themed meme coins, and it boasts one of the largest online communities among all cryptocurrencies in general.

While this can be a sign of a thriving ecosystem, it’s also a target for many hackers who are constantly attempting to scam users out of their hard-earned money. That’s why the team behind SHIB often issues critical warnings and urges its community to remain cautious.

LUCIE, the marketing lead of the project, recently took to Twitter to remind users that one of the tokens they plan to issue is not live yet.

Remember, @treatsforShib is not launched yet. Don’t let scammers deceive you. $TREAT IS NOT LAUNCHED YET. pic.twitter.com/SpkZZtHl8A

— （@LucieSHIB） July 19, 2024

The warning LUCIE is issuing is in association with a very popular means of tricking users into losing their funds. A perpetrator would create a fake token that carries the same ticker as the original one. They would then go on to develop and design creative assets that mimic that of the original project. They would create fake usernames and accounts on X, and fake groups on Telegram and other social channels. Their sole purpose is to lure people into either buying into a fake presale or buying tokens that they’ve launched, only to rug-pull them quickly after.

In that sense, remember that there’s always someone out there whose job is to scam you, so make sure that you’re always employing the best practices when interacting with various crypto projects.

解説

• Scam Awareness: Scammers often impersonate well-known figures in the cryptocurrency community to trick users into sending them funds. Awareness and vigilance are crucial in protecting oneself from such scams.
• Official Channels: Always follow official channels and sources for updates and communications. This helps ensure the information is accurate and trustworthy.
• Caution with Airdrops: Fake airdrops are a common scam tactic. Users should verify the legitimacy of any airdrop offers and avoid connecting their wallets to untrusted sources.