TL;DR
The SHIB community has been warned about scammers promoting fake Treat tokens. The ShibArmy is requested to be vigilant, verify information through trusted sources and report any suspicious activity. Beware of fake tokens
The popular meme coin Shiba Inu (SHIB) has one of the largest communities in the crypto world, including millions of investors and supporters. As such, it’s no surprise that some members are often targeted by bad actors who come up with original ways to deplete their funds.
Scam Alerts from Shibarmy (an X account focused on the security of the SHIB community) recently warned “Shibarians, Shibizens, and all members of the broader crypto space” to exercise extreme caution due to tokens of Fake deals that are endorsed by scammers. The team recalled that TREAT has not yet been published:
“This is a reminder that some groups are pushing fake Treat testimonials that claim to be part of the Shiba Inu Ecosystem. Please remember that the official Treat testimonial has NOT been released yet. Any testimonials that claim otherwise it’s a scam designed to trick you.”
The working group assured that there will be an official announcement when TREAT sees the light of day. In the meantime, the SHIB community should remain alert and avoid any interaction with those witnesses who do not exist.
“If you are unsure of any information or testimony, always check with trusted sources within the Shiba Inu ecosystem. Stay safe and protect your assets, ShibArmy. We continue to support each other and keep our safe community,” the team concluded.
The previous alert
Earlier this month, Shibarmy Scam Alerts warned that some scammers have been misusing Ryoshi’s name to gain attention and thereby dupe members of the ecosystem. Ryoshi is believed to be the anonymous creator of the meme coin, with his true identity still a mystery.
“We urge all ShibArmy members to remain vigilant, be alert and question anything that looks suspicious. Always verify information through official channels and if you find any fraud or misuse of the Ryoshi name, please report it immediately “, the warning says.
It’s worth noting that Ryoshi didn’t stay at the helm for long, passing the torch to another anonymous developer with the nickname Shytoshi Kusama. Not long ago, the latter took part in an interview, with a mask and modulated voice.
They stated that they have no intention of revealing their identity, stressing that SHIB’s strength does not depend on a small group of people.
Kusama also pledged to step down at the end of the year, ceding control to the community, thus reinforcing the goal of achieving true decentralization.
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