Recently, SHIB has issued warnings to its Shiba Inu Holders to exercise caution against the increased scamming activities, asking them to remain safe from “deceitful individuals” who are on their mission to manipulate the innocent Shib holders for their gains.
Memecoins like SHIB have seen significant developments after Bitcoin Halving and this is supposedly one of the main reasons for increased frauds.
Tips By Shibarmy Scams Alert –
The Shibarmy Scams Alert has also raised its voice against the increasing scams by sharing some tactics that scammers usually use to harm the Shiba Inu Holders. These tactics include the theft of personal information, the creation of fake social media handles and even directing SHIB holders to fraudulent platforms.
Not only have they supported in spreading of the Shiba Inu warning but also have advised the Shib holders to strictly follow the official handles & SHIB ecosystem members.
Also, they have cautioned the holders to be wary of any private attempts requesting wallet synchronization to protect their endangered crypto wallet from scammers.
⚠️⚠️ Attention ⚠️⚠️⚠️
— Shibarmy Scam Alerts (@susbarium) June 25, 2023
It's important to note that projects that are not transparent or legitimate in their goals and operations may be trying to mislead investors.
By doing so, they can potentially harm investors in the future. For example, the "@shiba_token" page in the… pic.twitter.com/Pp3ihHqNZr
A Message From Shiba Inu’s Marketing Lead
SHIB’s marketing lead, Lucie has not only issued a warning against the potential scams but also has handled the situation positively by reflecting upon it as an opportunity to encounter scammers and strengthen the community’s resolve to build an honest, open, and reliable ecosystem. However, this statement goes against the commitment of Shiba Inu to build a secure and transparent place for its users.
Stand tall against the wolves in sheep’s clothing. 🐺
— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO 🧜🏼♀️ (@LucieSHIB) April 17, 2024
In the crypto realm, just like in life, deceitful individuals lurk, aiming to manipulate for personal gain.
But fear not, for every scammer only adds fuel to our fire, igniting our determination to build a more transparent…
Ryoshi’s Warning To Holders Resurfaces-
Another major add-on to the Shiba Inu warning is the one by its pseudonym creator – Ryoshi who has emphasized the “friends and scammers” of SHIBA in the crypto world. According to him, anybody who honors Shiba is a friend and anyone with malicious intent who leeches from Shiba is labeled a scammer.
Woah, what a bold statement!
So, if you think of yourself to be a fan and one of the biggest holders of Shiba Inu, it’s your sign to be cautious of any potential scams and think twice before you take any step!
And our daily dose of news comes to an end here but we assure you, our team of experts at ReadingCrypto are all eyes and ears to any latest happenings in the crypto world that you might be interested in knowing.
So, stay tuned and stay safe!
Disclaimer: This post is intended solely for informational purposes and should not be taken as legal, tax, investment, financial, or any other form of advice. Although all the information provided is true to the best of our knowledge, it is advisable to research well before making any kind of investments or decisions in general. The team of ReadingCrypto bears no responsibility in the event of any adverse outcomes.
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