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Shiba Inu Twitter Scam Exposed By ‘Shibarmy Scam Alerts’

The scam account's strategy involves enticing users with the promise of a substantial giveaway, specifically a "SHIB/BONE/LEASH" prize worth a staggering $30,000,000.

Shiba Inu, the popular cryptocurrency, has fallen victim to yet another scam on Twitter. @LucieSHIB, the official content marketing specialist for Shiba Inu, recently reported a fraudulent account operating under the handle @ShibaInuHQ.

This scam account, claiming to be the “Official Twitter Account for the Shiba Inu Ecosystem,” is deceiving Shiba Inu enthusiasts by offering a fake giveaway of SHIB tokens.

The scam account’s strategy involves enticing users with the promise of a substantial giveaway, specifically a “SHIB/BONE/LEASH” prize worth a staggering $30,000,000.

However, this amount far exceeds the typical giveaways conducted by legitimate crypto exchanges or platforms. This fact should raise red flags for SHIB fans who come across such offers.

@LucieSHIB discovered the scam after the “Shibarmy Scam Alerts” profile (@susbarium) raised awareness about it.

The account is attempting to mislead SHIB enthusiasts by adopting the profile picture of the SHIB Metaverse, further complicating the identification of its fraudulent nature.

To appear more credible, the scam account even retweets posts from official Shiba Inu token and SHIB Metaverse accounts, including one about a giveaway of virtual land within the Metaverse.

This is not the first time the Shiba Inu community has faced such scams. Just days prior, @susbarium had warned about another scammer on Twitter who falsely claimed to have received a Shibarium testnet reward.

The SHIB anti-scam account alerted the community that the SHIB team had not been offering such rewards recently, urging users to exercise caution.

It is essential for SHIB enthusiasts to be vigilant and exercise due diligence when encountering giveaways or promotions online.

Authentic cryptocurrency exchanges and platforms typically conduct giveaways within reasonable limits, avoiding extravagant claims.

Users are encouraged to report any suspicious accounts or activities to help protect the Shiba Inu community from falling victim to scams.

As the Shiba Inu token continues to gain popularity, scammers are drawn to exploiting its dedicated fan base.

By staying informed and cautious, the community can collectively combat such fraudulent activities and preserve the integrity of the Shiba Inu ecosystem.

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No information published in Crypto Intelligence News constitutes financial advice; crypto investments are high-risk and speculative in nature.