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- The Shiba Inu community is on high alert as @susbarium issues warnings regarding possible scams aimed at SHIB holders.
- A fraudulent ShibaSwap website has raised alarms, leading users to exercise caution against deceptive links.
- Scammers are targeting newcomers in the cryptocurrency sector, with alerts about a counterfeit Shibarium Tech account.
The Shiba Inu community is exercising caution as @susbarium, a group focused on safeguarding SHIB holders from scams, issues warnings about potential fraudulent activities. With the ongoing rise of Shiba Inu and its growing popularity, scammers and malicious actors are attempting to take advantage of the situation by deceiving unsuspecting investors.
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One of the alerts from @susbarium concerns a counterfeit ShibaSwap website. The community is urged to remain vigilant and refrain from clicking on any dubious links that could result in the loss of funds. ShibaSwap, which was launched in July 2021, is a decentralized finance (DeFi) platform that provides various services such as staking, liquidity pools, and yield farming. The fake website mimics the features of the authentic ShibaSwap DEX, making it crucial for users to stay alert and identify the differences, especially in the domain name.
SHIBARMY WARNING:
Beware of the fake shibaswap website
DO NOT CLICK ON THE LINKhttps://shlbaswap .xyz/#/
Please report via the link belowhttps://t.co/svI79130L4
Stay safe, Shibarmy pic.twitter.com/NaAHQsniIu— Shibarmy Scam Alerts (@susbarium) July 26, 2023
SHIBARMY WARNING:
https://shlbaswap .xyz/#/
https://t.co/svI79130L4Increase in Shiba Inu scams
These scams appear to frequently target newcomers in the cryptocurrency market, as Shiba Inu’s appeal to new investors has been observed. @Susbarium has also warned the community about a fraudulent Shibarium Tech Telegram account, stressing that it is not connected to Shiba Inu. Furthermore, the community is advised to be wary of fake emails that claim to be from Coinbase, urging users to click on links to secure their accounts and falsely asserting changes to linked phone numbers.
