In a world where the only thing more slippery than a greased pig is a rug pull on Shibarium, our dear friend DavinciShib from the Shiba Inu team has taken to the digital soapbox to express his growing concerns. It seems that some rather unsavory characters are exploiting this Layer-2 blockchain, which was designed for the noble Shiba Inu community, like a cat exploiting a sunny windowsill. 🌞
Investigations Unravel the Rug Pull Riddle
As the social media post revealed, a veritable tsunami of investigations has uncovered that a few bad apples are using Shibarium as their personal ATM. Who knew that the blockchain could double as a playground for the unscrupulous? 🎢
In his latest X post (which is not a post about the letter X, mind you), DavinciShib pointed out the delightful hypocrisy of those who mock the project while simultaneously cashing in on it. It’s like watching a cat laugh at a dog while stealing its bone. The message was clear: the parasites are still feasting on Shibarium, and the community is starting to feel a bit peckish for justice.
We are investigating past rugs connected to certain groups within Shibarium.
Mocking Shibarium, yet still feeding off it — parasites linger.
— Davinci.Shib | Shibarium (@DavinciShib) May 31, 2025
Rug pulls have become the new black, and not in a fashionable way. These scams often involve fake crypto projects that collect funds from unsuspecting investors, then vanish faster than a magician’s rabbit. 🐇✨ These frauds have been traced back to Shibarium-based tokens, prompting insiders to don their detective hats and magnifying glasses.
Earlier this month, Lucie, a key SHIB community member, took it upon herself to sound the alarm. She warned that scammers often hijack the accounts of influencers or celebrities, using them to push scams like a used car salesman at a family reunion. According to Lucie, it’s harder to tell who’s behind those accounts than it is to find a needle in a haystack. People must stop taking posts at face value, or they might end up with a face full of regret.
The message was as clear as a bell: Scams are spreading faster than gossip in a small town, and staying informed is the best defense. 🛡️
Fake Bad Idea AI Project: A Recipe for Disaster
In a recent post, the Susbarium X account raised the alarm over a new scam tied to a fake version of Bad Idea AI (BAD), which is a real partner in the Shiba Inu network. Because, of course, what could possibly go wrong with a project named “Bad Idea”? 🤔
According to the update, scammers are pretending to be linked to BAD to trick users into investing. It’s like a bad sequel nobody asked for, but here we are!
Susbarium shared details on how to spot the scam and urged Shiba Inu holders to double-check every source before sending funds. The crackdown is gaining momentum, and rug pull agents are now on notice. It’s like a game of Whac-A-Mole, but with more digital currency and fewer mallets. 🎉
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2025-05-31 14:48