Mon, July 1

Shiba Inu Community Warned About Fake SHIB 2.0 Impersonator

36 Trillion Shiba Inu Remain Profitable for Active Addresses During Market Downturn News
  • ShibArmy Scam Alerts warns SHIB community about potential SHIB 2.0 scams.
  • Shiba Inu’s Kusama clarifies the absence of SHIB 2.0 and urges caution against scams.
  • ShibArmy Scam Alerts alerts SHIB community to recent Coinbase-related scam attempts.

ShibArmy Scam Alerts, a Twitter account dedicated to exposing scams and protecting Shiba Inu users, has informed the SHIB community about potential scams involving SHIB 2.0. In a recent tweet, @susbarium cautioned the SHIB community about tokens originating from addresses claiming to be associated with SHIB 2.0.

The community was also advised to exercise caution with Ethereum Names (ENS) that may appear to be affiliated with Shiba Inu but are not. Additionally, they were warned about tokens falsely implying a connection to the SHIB ecosystem.

Shiba Inu’s Kusama warned there is no SHIB 2.0

A screenshot shared by Shiba Ecosystem official Lucie showcased a message from Shiba Inu lead Shytoshi Kusama, emphasizing that there is no SHIB 2.0 and urging the community to be cautious of scams. When asked to make a Twitter post about this, Kusama stated being occupied with launching a blockchain and emphasized the importance of conducting thorough research.

Given the increasing prevalence of scams and fraudulent activities, ShibArmy Scam Alerts has been regularly issuing warnings to the SHIB community. In a recent update, @susbarium brought attention to ongoing scam attempts targeting users of the U.S.-based crypto exchange Coinbase within the community.

The tweet highlighted an email scam, advising users to be cautious of fraudulent messages claiming that their Coinbase accounts were temporarily suspended. Users were urged not to click on any suspicious links. Earlier, the Shiba Inu community was alerted about fake SHI and TREAT tokens that were not officially available.

Seasoned Crypto Content Writer, Editor and Journalist who entered the cryptocurrency industry out of sheer passion and love for writing.