Shiba Inu Users On High Alert: Beware Of Telegram Group Hack

Shiba Inu Alert: Stay Away from This Suspicious Telegram Group!

The most popular meme coin in the cryptocurrency market, Shiba Inu (SHIB) is making headlines again. This time, it's not about its price but a scam associated with it. Recently, a warning was issued about a Telegram group linked to SHIB, putting the community on high alert.

According to reports, LUCIE, the project marketing lead of Shiba Inu reposted a warning from a Shibarium team member. The alert urged SHIB users to stay away from a Telegram group named ShibaSweepers. It mentioned that the ShibaSweepers group was operating suspiciously and might have been hacked. Therefore, users were advised to avoid this group.

With this post, the Shiba Inu team aims to protect its users from potential heavy losses. It's worth noting that such cases are increasingly common on social media platforms. Hackers and scammers frequently target crypto investors on platforms like Facebook, X (formerly Twitter), and Telegram. These crypto hackers often persuade investors through posts or chats to click on links that lead to phishing websites or software. Once users click on these links, their wallets can be completely drained.

Crypto market experts, project teams, and exchange platforms regularly issue alerts to remind users not to click on any suspicious links and to secure their investments. It is crucial to avoid clicking on unknown links and to secure your wallet with two-step verification. The best way to keep cryptocurrency safe is by using hardware wallets since they are not connected to the internet. However, always remember your security key or login key, as losing it could lock you out of your wallet.

Pi Coin users have also fallen victim to online scams

In the fast-growing crypto market, new projects often come with significant risks, including scams or frauds. Recently, an alert was issued about a scam involving a Telegram group related to SHIB. Similarly, some time ago, an alert was issued by community members about a scam on social media platforms related to Pi Coin. It was reported that many people were defrauded under the pretense of buying Pi Coin. It's important to note that the Pi Coin network's mainnet is not live, and its tokens cannot be traded.

Conclusion

As per CoinGabbar, the Shiba Inu community has been warned about a potentially compromised Telegram group, ShibaSweepers, to prevent users from falling victim to scams. Social media platforms are frequently used by hackers to target crypto investors, urging them to click on malicious links. Crypto experts and platforms continually remind users to be cautious, secure their wallets with two-step verification, and consider using hardware wallets for maximum security. Similar scams have affected other cryptocurrency communities, like Pi coin highlighting the importance of vigilance in the crypto space.

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