Shiba Inu (SHIB) Scammers Fake 'Ryoshi' to Push 137 Scam Tokens and Dupe Investors
U.TodayTomiwabold Olajide
According to longtime SHIB community member Mazrael, since the SHIB deployer wallet went silent in October 2021, at least 137 scam tokens have falsely claimed that the SHIB deployer sent them the coins. The intent of scammers is to 'fake' Shiba Inu 's pseudonymous founder, " Ryoshi ," and the reason behind this is to appear legitimate: If "Ryoshi" sent it, people trust it. Mazrael explains how this trick works: a token is just a program, and it keeps its own record of transfers. The scammer can write any address into that record as the sender. So these scammers write the SHIB deployer's address, and on Etherscan it looks like "Ryoshi" sent the token. However, the real SHIB deployer (0xB8f2…FA08) hasn't sent a single transaction since October 2021.
Reported by U.Today. You are reading an excerpt. The full story is on their site.
Read it at U.Today- Filed under
- Hacks & Scams
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