According to U.Today, a member of the Shiba Inu community, known as @Digarch, has issued a warning about scammers falsely claiming to be involved with the Shiba Inu developers and the future of Shibarium. The warning was originally posted on the X social media platform, previously known as Twitter. The warning came from a SHIB Discord admin, DaVinci, who cautioned the community about these deceitful individuals.
DaVinci's message revealed that these scammers have changed their tactics, moving from misusing Ryoshi Research mediums to exploiting Shiba State and the Canine code. They have started adding the shib.io address to their scam videos to make them appear authentic and lend false credibility to their schemes. The message also hinted that they are now using the ShibaSwap DEX.
The SHIB team, represented by DaVinci, has advised the SHIB army to be extremely cautious and conduct thorough research before investing in any new SHIB-based tokens. They also reminded everyone that the TREAT token, which was promised to be launched by the team a long time ago, has not been released yet. Any tokens claimed to be associated with it are attempts to deceive and defraud the community.
Due to ShibaSwap's decentralized nature, these tokens cannot be banned, the SHIB Discord admin explained. All the SHIB team can do is voice their strong disapproval of these scammers and their unethical practices.
Recently, the Shiba Inu team and its lead developer Shytoshi Kusama announced the release of a new ShibaSwap version. This version is bridged from the Ethereum network to Shibarium, turning it into a multichain platform and allowing users to move value between these two blockchains. The time for transferring BONE has dropped from multiple days to less than an hour.