Shiba Inu Community on High Alert: Fake SHIB Versions and Impersonation Scams
In a recent tweet, RagnarShib, a prominent figure in the Shiba Inu community, has once again cautioned SHIB investors and crypto enthusiasts about the proliferation of fake SHIB versions on various blockchains and impersonation scams.
SHIB HAS NO OFFICIAL LINKEDIN
One more thing that I want to make aware mostly to Exchanges. I continue receiving messages from listing managers from exchanges telling me they are receiving offers to list SHIB in the Fantom chain. There’s no FTM version of SHIB and there’s no…— RagnarShib.eth (@RagnarShiba) October 10, 2023
This follows a disturbing trend of malefactors taking advantage of the community’s enthusiasm to deceive unsuspecting SHIB investors. Here’s a comprehensive look at the recent developments:
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No Official SHIB LinkedIn or Fantom Version
RagnarShib clarified that Shiba Inu does not have an official LinkedIn account and emphasized that there is no Fantom chain version of SHIB. Several crypto exchanges reported receiving offers to list the Fantom chain version of Shiba Inu, purportedly sent by a LinkedIn account claiming affiliation with Shiba Inu. RagnarShib reiterated that these claims are false and directed followers to the official Linktree page for easy access to the cryptocurrency’s genuine portals.
I just received a tip from a discord mod that they are also saying we are in BSC blockchain. Again we are ERC20 only. Don’t fall for those scams.
— RagnarShib.eth (@RagnarShiba) May 11, 2023
RagnarShib acknowledged the existence of a LinkedIn account for Shiba Inu’s metaverse project, “Shib: The Metaverse,” managed by Metaverse Advisor Marcie.
Previous Warnings
This isn’t the first time RagnarShib has issued warnings regarding fake SHIB versions. Earlier, he brought attention to a counterfeit SHIB version on the Fanthom blockchain, reiterating that SHIB is only available on the Ethereum blockchain and dismissing claims of its existence on the Binance Smart Chain (BSC).
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Impersonation Scams
Shiba Inu’s popularity has attracted malefactors who impersonate top team members to promote fraudulent giveaways. These scams have involved impersonating Shiba Inu’s lead developer, Shytoshi Kusama. Scammers have used Kusama’s name to promote fake giveaways and exploit the community’s trust.
Community Response
The Shiba Inu team and community members have been actively exposing potential scams to protect investors in response to these threats. Shiba Inu’s marketing expert, Lucie, recently warned exchanges and portals to remain vigilant against impostors claiming affiliation with the cryptocurrency.
Account Compromise
RagnarShib’s Telegram account was recently compromised by hackers who used it to promote scam giveaways. Fortunately, Ragnar regained control of his account and has implemented two-factor authentication (2FA) on his social media accounts, including Twitter, to enhance security.
The Shiba Inu community remains vigilant and united in its efforts to safeguard the interests of its investors and ensure the integrity of the SHIB ecosystem amidst growing threats from impersonation scams and counterfeit versions on various blockchains.
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Dr. Olajide Samuel juggles the demands of medical studies with a passion for cryptocurrency. A seasoned blogger, Olajide shares his vast global knowledge of the crypto space, offering insights to enthusiasts. Despite his busy schedule, his commitment to crypto remains strong, and he actively seeks ways to contribute to its future.
