Shibarium team member and developer DaVinci has warned the Shibarium community about malicious activity on the network that is releasing fake TREAT tokens.
DaVinci reminded investors, speculators, and the Shibarium community that the fake token has the same name as a real token that is still under development by the Shibarium team, but the official TREAT token has not yet been officially launched.
DaVinci made it clear that all TREAT tokens currently online are not related to the official development of Shibarium. DaVinci explained that malicious actors also use the official shib.io address in their online posts to make their fake tokens look official and mislead users. (Cointelegraph)