TL;DR
- Scammers are exploiting the excitement around the launch of the Shiba Inu TREAT token, scheduled for January 14, 2025.
- Scammers are also targeting the SHIB community with fake giveaways, phishing emails, and spoofed social media accounts. Users must protect their information and report suspicious activities.
'Stay safe, SHIBARMY!'
Bad actors often target the vast Shiba Inu (SHIB) community, which is made up of millions of investors, proponents, and developers. They use different methods to embezzle unsuspecting victims, often scamming them with fake offers on assets that are part of the meme coin ecosystem.
The latest scheme includes TREAT, a reward token that provides incentives to users who interact with Shiba Inu protocols, including the Shibarium layer 2 scaling solution. The team recently <a target="_blank" class="editor-rtfLink" href="https://x.com/treatsforShib/status/1875706714483474474″ target=”_blank” rel=”noopener” data-wpel-link=”external”>announced that its official launch will be January 14.
Although development was unleashed enormous enthusiasm throughout the community, Shibarium Trustwatch (an x account that aims to provide security) <a target="_blank" class="editor-rtfLink" href="https://x.com/susbarium/status/1875930249009266714″ target=”_blank” rel=”noopener” data-wpel-link=”external”>warned users to be very careful until that date.
The team claimed that scammers have taken advantage of the current hype as an opportunity to offer fake TREAT services to people, alerting users to stay away from such dubious people.
“They are now using SHIB social media linked to their FAKE DEAL. Don't be fooled by these predatory scammers. they can be called vultures, circling and looking for their next meal. we ask With heaven on our side, please do not fall for these scams.
Be clear: TREAT is scheduled to launch January 14 2025, not before. If you are not sure about something wheneverPlease check with us first. Stay safe, SHIBARMY,” the warning reads.
Previous alerts
Around Christmas, Shibarium Trustwatch warned people to stay alert for Several common crypto scams that can result in crucial losses. Examples include fake giveaways, which offer “free” tokens, merchandise, or nfts, and phishing emails.
The team claimed that scammers send emails to victims, posing as official SHIB-related projects, thus attempting to steal their login credentials.
Other things the community should watch out for include fake social media accounts, Ponzi schemes, charity appeal spoofs, and more.
“Providing personal information or falling for these scams not only puts you at risk, but can also cause your data to be compromised. being sold on the dark web, where hackers can use it for identity theft or other malicious activities. “Scammers exploit trust, kindness and generosity, especially during the holiday season, so we must remain vigilant,” the team said. At the moment.
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