• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

SHIB Community Receives Critical Warning About Scammers

user avatar

by Giorgi Kostiuk

2 years ago


  1. Warning to SHIB Community
  2. Lucie's Message on SHIB Burning
  3. Conclusion

  4. The official marketing lead of the SHIB developer team, known under the pseudonym Lucie, has addressed the SHIB community with a crucial post, warning them about scammers.

    Warning to SHIB Community

    Lucie retweeted a post published by the Shibarmy Scam Alerts (@susbarium) account on the X social media platform. That tweet addressed the vital issue of scammers beginning to misuse Ryoshi’s name to mislead the SHIB community. The @susbarium account stressed that Ryoshi had made it clear that a time would come when all the developer team would step away and leave the ecosystem entirely to the community. In May 2022, Ryoshi disappeared. Now, the account noted, there is a massive increase in scammers exploiting Ryoshi’s name “to mislead and scam community members.” These actions of scammers are not only destroying the legacy of Ryoshi Research, the tweet says, but also pose a big threat “by spreading misinformation and attempting to scam users.” @susbarium warned Shibarium users to “remain vigilant, stay alert, and question anything that seems suspicious.” It’s important, the tweet reminded, to always verify any information on new suspicious tokens allegedly related to Ryoshi through official SHIB channels. null Lucie agreed with that warning, adding that whenever she sees anyone mentioning Ryoshi and “tokens that don’t exist or weren’t mentioned in his Mediums,” she marks them with red flags as scammers.

    Lucie's Message on SHIB Burning

    This weekend, Lucie also published a tweet regarding the burning of Shiba Inu meme coins and the standard that Ryoshi had set for this. Lucie reminded the community that the mysterious founder burned the keys to the remaining SHIB supply. This means that if anyone wants to reduce the SHIB supply in circulation, they must buy these tokens and then remove them from circulation through burning. Another option is to increase the use of Shibarium by attracting millions of new users. null

    Conclusion

    The SHIB community must remain vigilant and verify any information related to tokens and names purportedly endorsed by Ryoshi. This will help avoid scams and maintain the integrity of the SHIB ecosystem.

    Scammers continue to use the name of SHIB founder Ryoshi to deceive community members. It is important to be cautious and verify all information through official channels.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Injective Price Breakout Signals Potential Move Towards 530 Resistance

chest

Injective (INJ) is currently under observation for a potential price movement towards the 530 resistance line, amidst broader market discussions on infrastructure and regulation.

user avatarBayarjavkhlan Ganbaatar

ERCOT Introduces New Interconnection Rules for Texas Bitcoin Miners

chest

ERCOT has recently introduced new largeload interconnection rules that will affect Bitcoin miners in Texas.

user avatarMohamed Farouk

Coinbase Base Mainnet Launches for Builders

chest

Coinbase has launched its Base mainnet, providing new infrastructure for developers in the crypto space.

user avatarElias Mukuru

Bitcoin Shows Potential Inverted Head and Shoulders Pattern

chest

A TradingView analyst has identified a possible inverted head-and-shoulders pattern in Bitcoin's chart, prompting discussions among traders and builders about its implications.

user avatarDiego Alvarez

SEC Proposes Reforms to Public Offering Rules Impacting Crypto Firms

chest

The SEC has proposed reforms to registration and reporting rules for public offerings, which could significantly impact crypto firms aiming to enter public markets.

user avatarKenji Takahashi

Rumors of Upcoming Solana Network Upgrade Spark Interest

chest

Recent reports about a potential upgrade to the Solana network have sparked interest among traders and developers, aiming to address network congestion and improve infrastructure.

user avatarMaria Fernandez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.