ShibArmy Scam Alerts Expose SHIB 2.0 Cons

ShibArmy Scam Alerts, a Twitter account devoted to exposing scams and protecting Shiba Inu users, has warned the SHIB community about SHIB 2.0 cons.

In a new tweet, @susbarium issued a warning to the SHIB community regarding tokens launched from addresses such as SHIB 2.0.

The Shiba Inu community is also cautioned against Ethereum Names (ENS) that may appear to be Shiba Inu-related but are not.

Additionally, they should be wary of tokens falsely implying they are part of the SHIB ecosystem.

According to a screenshot shared by Shiba Ecosystem representative Lucie, Shiba Inu leader Shytoshi Kusama informed the community that there is no SHIB 2.0 and warned against falling for scams.

In response to a user’s request that he tweet about this, Kusama stated, “I’m too busy launching a blockchain,” adding, “Dyodr, which means do your diligent research.”

Due to increased scam techniques and fraudulent activity, ShibArmy Scam Alerts has frequently warned the SHIB community.

Recently, @susbarium informed the community about the most recent scam attempts aimed at Coinbase users.

In a tweet, ShibArmy Scam Alerts alerted the community to an email scam, advising users to be wary of bogus messages claiming their Coinbase accounts had been suspended pending further action.

In addition, they were warned not to click on fraudulent links.

The Shiba Inu community was warned, as reported, about counterfeit SHI and TREAT tokens, as these are not yet available.