TL;DR
The Shiba Inu team warned of scammers promoting a fake Treat testimonial. Criminals also target members of the Shiba Inu community on Telegram with fraudulent airdrops and phishing schemes designed to steal personal data or funds.
The “Deceptive Tactics”
Shiba Inu, the self-proclaimed Dogecoin killer, has a large community of holders, advocates and developers. As such, it’s no surprise that members often become targets of bad actors.
The Shibarium Trustwatch team recently sounded a note of caution about a fake X account posing as a legitimate project and promoting certain services with Treat.
“The team behind this has no involvement with the Shib ecosystem, and the token they are promoting will not be used in any official Shib project,” the warning reads.
Shibarium Trustwatch stated that scammers use a “positive narrative” to scam people and offer investments that include a token that has yet to see the light of day. “Always check information and invest wisely,” they advised.
This isn’t the first time criminals have gone on the hunt using fake Treatment tokens as bait. This threat was witnessed almost a month ago:
“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.”
Beware of Telegram users
SHIB community members who use Telegram as a messaging platform have also been targeted by scammers. Not long ago, the team warned that fake groups on the app are offering malicious airdrops, telling Shibarmy to stay away.
“They will drain the contents of your wallet. Stay safe, Shibarmy, and keep your eyes open,” the alert reads.
Before that, there was a similar warning, stating that bad actors pose as legitimate individuals or entities only to find an opportunity to drain people’s wallets once they’re connected via the messaging app:
“It has been brought to our attention that there are scammers operating on Telegram DMs, targeting unsuspecting users of the Shiba Ecosystem and Shibarium Tech group. These scammers may impersonate legitimate individuals or organizations, trying to trick you into share personal information, financial details or even send them money.”
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