Shiba Inu Lead Developer Exposes Scam Attempt Targeting SHI Stablecoin and TREAT Token Launch
In a recent development, the highly anticipated launch of the SHI stablecoin and TREAT Token in the Shiba Inu ecosystem has become a target for bad actors seeking to exploit unsuspecting investors. Despite the fraudulent attempts, the Shiba Inu team, led by developer Shytoshi Kusama, has remained vigilant in calling out and debunking these scams.
Unmasking a Scammer: Shytoshi Kusama Takes Action
Shytoshi Kusama recently exposed a user on the X platform who was promoting a fake version of the TREAT token and SHI stablecoin. The user's post, enticing users to explore new SHIB launches, included contract addresses for the purported tokens and garnered over 5000 views. Notably, the account had Shytoshi Kusama as a follower, potentially increasing its visibility.
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