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Shiba Inu Developers Flag Surge in Scam Tokens

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by Giorgi Kostiuk

12 hours ago


The Shiba Inu team has issued a warning about the rise of fraud in the ecosystem related to counterfeit tokens and false claims of affiliation with the project.

Surge in Unofficial Tokens

The Shiba Inu team reported that scammers are creating fake tokens that closely resemble official SHIB assets in name and appearance. These tokens are not endorsed by Shiba Inu developers and are unassociated with the ecosystem. Scammers are attempting to attract unsuspecting investors by presenting their tokens as part of the SHIB project.

To assist users in identifying legitimate tokens, @susbarium provided links to official resources, including a list of verified SHIB tokens available on the project's official website. Users are advised to cross-check any token against this list before making any purchases.

Clarifying False Affiliations

In addition to counterfeiting tokens, the project team cautioned about individuals and groups claiming to have official ties to the project without authorization. These entities may use SHIB branding or claim partnerships that do not exist to enhance their credibility.

To address this issue, @susbarium shared a list of officially recognized partners, known as 'PartnerShibs', which users can consult for accurate information. It was clarified that all legitimate announcements and updates will only be communicated by the SHIB core team or verified developers.

Additional Security Warning

Community members were reminded to rely on official SHIB social media accounts for updates and alerts. Developers emphasized the importance of remaining skeptical about unsolicited claims, especially those involving giveaways, new tokens, or endorsements not published through recognized SHIB channels.

Shiba Inu developers and industry leaders are stressing the importance of security and verification. Community members are encouraged to stay informed, avoid unverified claims, and never disclose sensitive personal or financial information without confirming the legitimacy of the request through official channels.

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