The crypto community needs to aware of the scam involving the Shiba Inu token, as bad actors have begun to take advantage of its growing popularity. Recently, a prominent figure in the Shiba Inu community, Ragnar Shib, warned crypto exchange listing managers of a newly arising fraud attempting to pose a version of the token on other chains as the official version. The scammer falsely claims the token to be on the Binance Smart Chain network and intended to extort private keys or other sensitive information from users. The fraud is nothing more than a classic example of a phishing scam. Since its emergence, SHIB has gained traction and continues to draw attention from the crypto world, and it is thereby absolutely crucial to educate citizens about such dangerous third-party frauds. To protect oneself from any virtual asset theft, users should only accept official enlistments and keep their private keys safe by storing it in a secure device or paper.
Scarlett Wilson
- 2023-05-12
Alert Issued on Scam Involving Shiba Inu Token
An alert has been issued to the crypto community about a recent scam involving the Shiba Inu token. To protect users from virtual asset theft, only accepted official enlistments and keep private keys safe.
