SHIB Developer: Users Warned of Scammers Issuing Tokens After Acquiring X Accounts of Community Members They Followed
On November 1, Shytoshi Kusama, the anonymous lead developer of the Meme project Shiba Inu (SHIB), warned users about a recent scam in which scammers are acquiring X accounts for 1 ETH from community members previously followed by Shytoshi Kusama, rebranding them as scam tokens, and launching fake tokens claiming that the project is community Shytoshi Kusama says it will launch Karma and Reputation systems related to DAO governance to ensure good behavior is rewarded and bad behavior is documented.
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