In Brief:
- Shiba Inu’s team released a video warning against possible scams via Twitter.
- The video drew attention to a fake Shiba telegram group shared across social media.
- Investors warned to block and report all the bots and fake accounts.
The team backing popular meme cryptocurrency Shiba Inu issued a video warning about potential scams via its official Twitter account.
The Shiba Inu team called the public’s attention to a fake Shiba Telegram group that is being shared across social media.
The scammers are impersonating Shiba Inu’s official accounts while creating fake user IDs.
Scammers are responding to general posts with hashtags such as #SHIB, #SHIBARMY, #LEASH, #SHIBARMY, and #BONE.
The fraudsters have been announcing a “BIG EVENT” for the Shiba Inu community, with the team expecting people to participate in it.
Shiba Inu’s scam alert video stated that the community does not provide any type of promotion, such as airdrops, bonuses, giveaways, or gifts.
The investors are told to “stay alert” and block, report all the bots and fake accounts instead of responding to them.
Shiba Inu has become one of the most popular meme currencies this year and has been listed on several cryptocurrency exchanges such as Binance, Coinbase, Crypto.com in recent months.
Just last week, the largest theatre chain in the world, AMC theatres, announced its decision to accept Shiba Inu as payment in partnership with Bitpay.
The plan will be implemented between the next 60-120 days.
So with the rising hype of Shiba Inu, the scam alert video shows the responsibility of the dog-themed coin’s team to keep their investors from being scammed and cheated out of their money.
