Shiba Inu Community Alert: Beware of TREAT Token Scams and Telegram Frauds

Shiba Inu Community Alerted to Scammers Amid Anticipation of TREAT Token Release

The Shiba Inu community is currently on high alert as scammers are taking advantage of the excitement surrounding the upcoming release of the TREAT token. Shibarmy Scam Alerts, a dedicated account aimed at protecting the Shiba Inu community, has issued a warning urging investors to be cautious and verify sources before making any investments related to the TREAT token.

According to reports, the TREAT token has not yet been officially distributed, despite recent claims suggesting otherwise. The SHIB team has not launched the token, as confirmed by U.Today. As a result, community members are advised to refrain from engaging in any TREAT-related activities until authorized sources have confirmed its release.

The Shiba Inu community has recently seen significant progress, with the receipt of $12 million from major venture capital partners to launch its next-generation Fully Homomorphic Encryption (FHE) blockchain. The TREAT token will power this new blockchain technology, which has the potential to revolutionize Bitcoin privacy and trust.

While the anticipation for the TREAT token is high, investors are urged to exercise caution and rely on official announcements for accurate information. The transition of the ShibaSwap decentralized exchange to Shibarium is also a significant development, bringing new improvements to the platform.

In addition to the TREAT token alert, the Shiba Inu community has also been warned about rising Telegram scams. Members have reported being added to Telegram groups without their consent, where scammers impersonate authentic accounts and lure investors with false promises of airdrops and free tokens.

To protect themselves from such scams, community members are advised to update their Telegram privacy settings to block unwanted group additions and only trust verified contacts. It is crucial to assess the risks involved in participating in airdrop schemes and to prioritize financial security.

Overall, the Shiba Inu community is urged to remain vigilant and cautious in the face of increasing fraudulent activities. By staying informed and verifying sources, investors can protect themselves from falling victim to scams and ensure the safety of their assets.