Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
ShibArmy Scam Alerts, a Twitter account dedicated to exposing scams and protecting Shiba Inu users, has alerted the SHIB community about scams perpetuated with SHIB 2.0.
In a new tweet, @susbarium warned the SHIB community about tokens launched from such addresses as SHIB 2.0. The Shiba Inu community is also warned to beware of Ethereum Names (ENS) that may seem like they belong to Shiba Inu but do not. They should also beware of tokens hinting that they are a part of the SHIB ecosystem, when in reality, they are not.
🚨SHIBARMY WARNING:🚨
— Shibarmy Scam Alerts (@susbarium) July 4, 2023
Beware of :
-Ethereum Names(ENS) that may seem like they
belong to SHIBA INU (they do not!!)
-Tokens launched from such addresses like shib2.0
-Tokens hinting there are apart of the shib ecosystem (No No No)
Keep safe shibarmy pic.twitter.com/ZpFzssaHxP
According to a screenshot shared by Shiba Ecosystem official Lucie, Shiba Inu lead Shytoshi Kusama alerted the community that there is no SHIB 2.0, urging it not to fall for scams.
Responding to a user who asked that he make a Twitter post about this, Kusama said, "I'm too busy starting the launch process of a blockchain," adding, "Dyodr, meaning do your own diligent research."
" I'm to busy starting the launch process of a blockchain. "@ShytoshiKusama "And seriously ..when the pilot is in the cockpit switching switches and the seat belt light is on. And the attendant is talking about safety and stuff DONT ASK THE PILOT WEN"
— Bad Idea Ai (@badideaai) July 3, 2023
@badideaai #shibarium pic.twitter.com/wYfLXg7joD
Given the rise in scam methods and fraudulent activity, ShibArmy Scam Alerts has frequently issued alerts to the SHIB community warning about these scams.
Recently, @susbarium alerted the community of the latest scam attempts targeting users of U.S.-based crypto exchange Coinbase.
In a tweet, ShibArmy Scam Alerts warned the community about an email scam, urging users to be wary of fake messages claiming their Coinbase accounts were on hold until further action was taken. It also urged them not to click on fraudulent links.
As reported, the Shiba Inu community was warned about fake SHI and TREAT tokens, as these are not yet available.