According to U.Today, the lead developer of SHIB, known as Shytoshi Kusama, has issued a warning to the SHIB community about scammers using his account on the X social media network (formerly Twitter) to promote fraudulent coins. Kusama explained that these scammers exploit his kindness and his practice of following SHIB enthusiasts to stay connected with the community. Once scammers notice that Kusama follows an account, they offer to buy it for approximately 1 ETH, a significant amount in some regions. After acquiring the account, scammers rebrand it and use it to launch scam tokens, often creating fake accounts with attractive avatars to promote these tokens as community-driven projects.
Kusama expressed his frustration with this misuse of his name and reminded the SHIB community to rely on official SHIB channels for accurate information. He emphasized the importance of verifying new information through these channels, especially since even official channels can be decentralized. Despite his efforts, Kusama acknowledged that he cannot prevent scammers from buying accounts he follows. However, he continues to monitor the SHIB-affiliated account @susbarium to ensure his name is not directly used by scammers.
In his thread, Kusama also mentioned that the SHIB team is preparing to launch a system designed to link Karma and Reputation to Dao governance, aiming to enhance the security and integrity of the community. He urged SHIB enthusiasts to stay vigilant and always verify information through official channels to avoid falling victim to scams.
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