Shiba Inu, the cryptocurrency that was created as a substitute for Dogecoin, has been focused by fraudsters who’re impersonating  lead developer Shytoshi Kusama on Twitter.

The scammers are trying to lure unsuspecting customers into collaborating in a pretend rewards program, claiming that there are “TONS of unclaimed rewards” for individuals who maintain BONE, SHIB, LEASH, and different associated tokens.

The rip-off tweet states that the Shibarium Beta personal entry continues to be stay and encourages customers to take a couple of minutes to take part as a way to develop into eligible for rewards.

As soon as customers are satisfied of the legitimacy of the tweet, they might be prompted to supply private data or entry to their digital wallets. This might permit the scammers to steal their cryptocurrency holdings, together with BONE, SHIB, and LEASH tokens.

Right here’s easy methods to keep away from such scams

To keep away from falling sufferer to such scams, customers must be cautious when interacting with unverified accounts on social media platforms like Twitter.

It’s important to confirm the authenticity of the supply earlier than offering any private data or entry to digital wallets.

Kusama’s precise Twitter account doesn’t include any details about Shibarium-related rewards. 

The precise Shibarium beta did launch earlier this March, however the rip-off tweet shouldn’t be related to the reputable venture. The launch of the Shibarium beta marked a major milestone for the ecosystem of the meme cryptocurrency since it goals to supply a scalable and environment friendly resolution for the rising variety of customers.