The Shiba Inu team has alerted its community about the presence of fraudulent groups attempting to exploit the trust of SHIB community members. This cautionary message was issued following a significant listing milestone achieved by the cryptocurrency.
SHIB Team Alerts Community About Scams
The Shiba Inu team has urged community members to be on high alert for scams that target them. A warning was shared on X (formerly Twitter) by Shibarmy Scam Alerts, a social media account dedicated to exposing scams, regarding multiple scam attempts on the Telegram platform.
Community members were advised to watch out for fake groups impersonating legitimate Shiba Inu channels on Telegram, using tactics like promising giveaways, exclusive content, investment opportunities, and offering help with transaction issues to deceive unsuspecting members. Similar scams have also been observed on X.
Shibarmy Scam Alerts provided tips for community members, emphasizing the importance of verifying Telegram groups, avoiding suspicious links, refraining from sharing wallet addresses publicly, and staying informed of security alerts.
Shiba Inu Listed on Crypto Exchange Nexo
While addressing scam attempts, Shiba Inu has achieved a new milestone by securing listings on major exchanges. Nexo, a Swiss-based crypto platform, announced the integration of Shiba Inu into its offerings, acknowledging SHIB’s growth and the role of the community and developers in the ecosystem’s development.
This listing adds to Shiba Inu’s growing demand in the crypto market, with over 50 platforms or exchanges listing SHIB, including Binance, Robinhood, Bitget, and most recently, Bitcoin.com.au.