ShibArmy is quite sensitive after a notable alert from the Shiba Inu-focused X account, Shibarmy Scam Alerts. Shibarmy Scam Alerts, a Twitter account dedicated to fighting scams related to the popular meme cryptocurrency SHIB, tweeted a few days ago that fake accounts are pretending to be Shytoshi Kusama, the lead developer of the Shiba Inu coin. They have been said to encourage users to tap links, leading to phishing or some other unethical deeds.
On Shibarmy Scam Alerts, it was noted that Kusama would never ask the community to click links or give out personal data.“Be careful of fake profiles on the socials claiming to be Shytoshi Kusama and asking you to click some links Shy will never request such things from you,” the account noted.
Also Read: Shiba Inu Community Alerted to Rising Scam Risks Amid Growing Anticipation
These counterfeit accounts target SHIB holders and attempt to interact with them, sometimes with counterfeit messages asking the users to update their wallets, take advantage of some special promotion, participate in an exclusive airdrop, or receive essential trading tips or an urgent warning. If the victims follow the instructions as described in the links that are provided, they stand to lose their money and have an invasion of their privacy.
Advertisement
Extra Warnings for ShibArmy
Apart from the fake profiles alert, Shibarmy Scam Alerts pointed to another active con on the Shiba Inu community. Just recently, there have been reports claiming that the attackers have been initiating communication with the users to get them to begin a sync operation for a reported problem with the wallet. This trick is intended to embezzle money from the user’s wallet and strip them of their cryptocurrencies.
In another specific warning, Shibarmy Scam Alerts advised of a fake X account that contacts people to tell them they have won a giveaway. The account called on the Shiba Inu community to be careful when dealing with such con artists, as obeying their commands might lead to the deletion of wallets and the loss of money.
Especially in light of the recent events, the Shiba Inu community should prepare to prevent the loss of their funds. Do not distribute private keys and personal data, and do not obey instructions received from unsolicited messages. All communications must be checked through the official channel so that the safety of your assets is not compromised.
Also Read: Shiba Inu Whale Withdraws Massive 165 Billion SHIB Tokens from Coinbase, Sparking Market Interest
Maxwell Mutuma
Maxwell is a crypto-economic analyst and Blockchain enthusiast, passionate about helping people understand the potential of decentralized technology. He writes extensively on topics such as blockchain, cryptocurrency, tokens, and more for top publications such as Coingape, Coin Edition, and The Coin Republic. His goal is to spread knowledge about this revolutionary technology and its implications for economic freedom and social good.