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Shiba Inu Team Issues Warning About Fraudulent Schemes Amid Market Uncertainty

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by Giorgi Kostiuk

5 hours ago


Amid current market instability, the Shiba Inu team has issued a serious warning about fraud targeting investors.

Increase in Market Fraud

The Shiba Inu team has made a statement about the rise of fraudulent schemes designed to deceive unsuspecting investors. This warning was issued by Lucie, a key marketing figure in the Shiba Inu ecosystem, who emphasized that scammers are creating fake tokens and generating artificial hype to attract investments.

Lucie's Tips for Asset Protection

Lucie urged community members to adopt a critical approach, recommending thorough research on new projects before investing. She stressed the importance of verifying official websites and social media, stating, "Never invest because of hype."

History of Repeated Warnings

This warning echoes a similar alert issued in November 2024 by the official Susbarium Trustwatch account. That message also addressed fraudulent accounts impersonating Shiba Inu supporters to promote unknown and likely malicious tokens.

In the face of escalating fraud threats, the Shiba Inu team emphasizes the need for vigilance and thorough verification before making investments.

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