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Cryptocurrency Shiba Inu (SHIB) has again become a target of scammers. This time, the deceivers began to impersonate the lead developer of the project – Shitoshi Kusama on Twitter. This happened in anticipation of a full-fledged launch of the Shibarium second-level network product.
The scammers tried to draw the attention of unsuspecting users to participate in fake reward programs. They claimed that holders of BONE, SHIB, LEASH tokens and other related cryptocurrencies could receive a huge amount of bonuses.
Several scam tweets suggested that private access to the Shibarium beta was still open. Users were asked to take a few minutes to register in order to be eligible to participate in testing. Users only needed to provide personal information and link their cryptocurrency wallet. In fact, the fake site gave the scammers full access to the vaults of gullible users.
This allowed the criminals to steal the crypto assets of the victims, including the named tokens BONE, SHIB, LEASH and others.
Blockchain security experts once again warned users: “In order not to fall victim to such a scam, users should exercise caution when interacting with unverified social media accounts such as Twitter. Before providing any personal information or access to digital wallets, it is important to verify the authenticity of the source.”
The beta version of Shibarium was launched in March 2023. However, the fraudulent tweets are not related to the project in question. The product was a milestone for the development of the Shiba Inu meme token ecosystem. It aims to provide a scalable and efficient blockchain solution to a growing number of users.
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