The team in charge of Shiba Inu (SHIB) is warning investors. A scam is spread by impersonating official accounts.
It is the price of success. Even if Shiba Inu is currently experiencing a less dynamic period than in October, the SHIB remains one of the main cryptocurrencies.
Its growing popularity, which now rivals that of DOGE, also makes it a prime target for crooks. The team in charge of the development of the Shiba Inu blockchain is also warning investors against this threat.
A fake Shiba group on Telegram
In a tweet, she tries to educate crypto-asset holders and members of the Shiba community about these dangers. One scam in particular is worth this very recent warning.
“A fake Shiba Telegram group is broadcasting on all social networks. The crooks pose as official accounts and create fake users. These crooks respond to general messages ”, specifies the alert.
As our colleagues at Cointelegraph point out, these cybercriminals are particularly present on social networks. To identify their victims, they track down the most popular hashtags, like #shib or #leash, another token from the same ecosystem.
Investors should be wary of the most tempting promises Internet users might make on online services. Especially, if they seem to have official accounts.
Good practices to adopt
The Shiba scam alert reminds us in particular not to promote any donation of tokens, bonuses and other airdrops. All such announcements should trigger a red flag among investors.
Another good practice to keep in mind: never share the keys of an electronic wallet or the credentials of access to a crypto service, such as an exchange. Social engineering attacks are essentially aimed at stealing this information.
Finally, investors should be wary of tokens whose price explodes only a few days after its creation. These can hide a scam. There is no shortage of examples of this kind, including on major blockchains.
The most recent illustration is given by the SQUID token. In less than a week, the token soared 45,000%, riding the craziness around the Netflix series. Then, in a matter of seconds, the price was going down and the developers were disappearing.
