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The team behind the $24 billion Shiba Inu altcoin warns about a scam targeting potential investors | Currency News | Financial and Business News

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Shiba inu.

  • Scammers have been targeting shiba inu online, said the team behind the altcoin. 
  • The Shib team in a video warning told investors to “stay alert” for fake groups and giveaways using shiba inu hashtags. 
  • The scam surrounding shiba inu coin follows its surge in market capitalization this year. 

The people behind the shiba inu altcoin, which has swelled to a $24 billion valuation this year, issued a fraud alert Sunday, warning investors that its community is being targeted by online scammers. 

“Stay Alert & Safe #ShibArmy!,” said the so-called Shib team in a video posted on Twitter, saying it’s been made aware of a recent scam traveling across various social and communication platforms. 

“A Fake Shiba Inu Telegram group is being shared across social media. The scammers impersonate official accounts, and create fake users,” and reply to general posts using hashtags associated with…

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