TL;DR
Shibarmy Scam Alerts warned of fraudulent websites targeting Shiba Inu users, and asked for verification of the site’s legitimacy. The Shiba Inu team previously warned about fake Dapps and deceptive offers, emphasizing checking URLs and avoiding suspicious links. The last alert
The X account focused on the delights surrounding Shiba Inu and its native witness SHIB – Shibarmy Scam Alerts – issued a strong warning to the community. The team claimed that several fraudulent websites have spread across the crypto space, posing substantial risks to people. These websites were described as “a scam designed to steal your funds:”
“There’s no website you need to connect your wallet to so it can sync with the network, update your rewards, fix any issues you might have with liquidity pools.”
The team advised users to stay focused and always verify the legitimacy of a given website before connecting their wallets. Using only official links from trusted sources was also tagged as a top priority.
Shiba Inu is one of the most popular meme coins and among the trendiest cryptocurrencies, which could explain why scammers are targeting people in their community. The latest figures show that there are almost 1.4 million SHIB holders, with over 58% currently on paper benefits. The percentage was even higher a few weeks ago when the meme coin was at a better price.
SHIB is currently worth approximately $0.00002314 (according to CoinGecko data), down 9% on a 14-day scale.
SHIB Price, Source: CoinGecko Previous Notices
This is not the first time the Shiba Inu team has warned the community about potential dangers. Last year, Shibarmy Scam Alerts argued that scammers are “cunning” and can create decentralized applications (Dapps) that look almost identical to legitimate platforms related to Shiba Inu (SHIB), Bone ShibaSwap (BONE), Doge Killer ( LEASH) and others. memecoins.
“Always check the Dapp name and URL to make sure you’re using the official and trusted version,” they added.
The team also claimed that “sticky” scammers pretend to represent “reputable projects or services”, thereby luring people to share personal data and then become victims. As such, verifying the authenticity of each account and Dapp is of utmost importance.
Earlier this year, Shibarium’s marketing strategist, using the handle X LUCIE, advised the community to take any suspicious links from prominent individuals or entities that “announce unexpected rewards” with a grain of salt. The SHIB official believes these offers likely come from hacked accounts, saying people should refrain from connecting their wallets to dubious websites.
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