• Deceptive tokens are falsely claiming association with Shiba developers and exploiting Shib.io address.
• Shibarium developers stress that the Treat token has not been launched yet.
• Shibaswap’s decentralized nature prevents banning fraudulent tokens, but developers strongly disapprove of these scams.

The Shibarium community is on high alert as reports surface of fraudulent tokens claiming false associations with Shiba Inu developers. These bad actors are exploiting Shibarium’s decentralized platform to promote their schemes, posing significant risks to investors. DaVinci, a prominent figure in the Shibarium community, has issued a stern warning to all members, urging them to exercise extreme caution and conduct thorough research before interacting with any new tokens.

Moreover, these scammers have shifted tactics, moving from misusing Ryoshi Research mediums to exploiting Shiba State and Canine Code. Alarmingly, they have even resorted to posting the shib.io address in their videos to lend false credibility t…

The post Shiba Inu Devs Warn of Treat Token Scams on Shibaswap appeared first on Coin Edition.

• Deceptive tokens are falsely claiming association with Shiba developers and exploiting Shib.io address.
• Shibarium developers stress that the Treat token has not been launched yet.
• Shibaswap’s decentralized nature prevents banning fraudulent tokens, but developers strongly disapprove of these scams.

The Shibarium community is on high alert as reports surface of fraudulent tokens claiming false associations with Shiba Inu developers. These bad actors are exploiting Shibarium’s decentralized platform to promote their schemes, posing significant risks to investors. DaVinci, a prominent figure in the Shibarium community, has issued a stern warning to all members, urging them to exercise extreme caution and conduct thorough research before interacting with any new tokens.

Moreover, these scammers have shifted tactics, moving from misusing Ryoshi Research mediums to exploiting Shiba State and Canine Code. Alarmingly, they have even resorted to posting the shib.io address in their videos to lend false credibility t…

The post Shiba Inu Devs Warn of Treat Token Scams on Shibaswap appeared first on Coin Edition.