Live Markets, Charts & Financial News

Dogecoin Influencer Issues Critical Scam Alert To DOGE Community

7

A Dogecoin (DOGE) Influencer The alarm has been sounded about Phishing attack Targeting DOGE Community Members. The Impact Panel has issued a critical warning about a new fraudulent social media account impersonating the Dogecoin Foundation.

Dogecoin Impersonation Scam Detected

On August 17, DOGE influencer known as “Inevitable360” took to X (formerly Twitter) to Advertise New scam attempt on Dogecoin community. Influencer shouts that a fraudulent account on X has been hacked. impersonation Official DOGE Foundation account on X.

the Dogecoin Foundation It is a non-profit organization dedicated to facilitating and promoting the technical development and value of DOGE. Due to the organization’s influence and growing popularity on social media platforms, it has become a target for scammers looking to exploit the trust and enthusiasm of its members. doge community.

According to Inevitable360, the account impersonating X was mimicking the organization’s profile, using similar branding and messaging to attract uninformed people. doge investors In potential scams. The Dogecoin influencer also shared a screenshot of the impersonator’s X account, which has already garnered over 69,300 followers.

The encryption member has Claim The account initially built its follower base and gained verification under a different identity before later renaming it to impersonate the Dogecoin Foundation.

In light of the ongoing scam, Inevitable360 has urged the Dogecoin community to report the fake account to prevent investors from falling victim to fraudulent schemes. This will also help raise awareness in the DOGE community and potentially deter other potential fraudulent activities.

Meme Coin Communities Face Increasing Scam Attacks

Meme coin communities have faced Alarming rise in phishing attacksWhich puts investors and community members at risk. As is the case with meme coins like Dogecoin and Shiba Inu (SHIB) As its popularity grows, the number of scam schemes targeting its communities continues to grow.

Dogecoin has seen a number of scam attacks, ranging from Phishing attacksimpersonation, and other fraud attempts. On the other hand, Shiba Inu has also alerted community members to several Scam Activities Targeting SHIB Investors.

in X Post On August 18, Shiba Inu scam tracking tool, Shibarmy Scam Alerts, alerted community members to fraudulent sites and malicious individuals trying to SHIB Investor FraudDue to the increase in fraudulent activities in the meme currency space, Shibarmy Fraud Alerts It has identified ways for investors to protect themselves from fraud attempts.

SHIB tracker stressed the importance of keeping your private crypto wallet keys safe at all times. Additionally, investors should always verify websites and links before providing any sensitive information, as scammers often create fake websites or impersonate someone.

Finally, Shiba Inu tracker urges investors to hold on Report Suspicious Fraudulent Activities Investors should immediately report this to the platform administrators and, if necessary, to law enforcement agencies. Additionally, investors should take care to remain vigilant and protect their crypto assets from malicious scammers.

DOGE is trading at $0.099 on 1-day chart | Source: DOGEUSDT on Tradingview.com

Featured image by Adobe Stock, chart by Tradingview.com

Comments are closed, but trackbacks and pingbacks are open.