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Shiba Inu (SHIB) Scammers Fake 'Ryoshi' to Push 137 Scam Tokens and Dupe Investors

Summary by u.today
SHIB deployer scam uncovered with crypto users urged to take caution.
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5 Articles

SHIB holds at $0.00000443 on Tuesday, while Bitcoin and Dogecoin give in. At the same time, at least 137 fake tokens circulate under the name of founder Ryoshi, and the examination of the contract address becomes a duty.

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🚨 The SHIB community announced that 137 counterfeit tokens were created in the name of the distributor wallet, which has been silent since October 2021. 📌 Mazrael stated that 9,131 counterfeit transfers affected more than 2,500 wallets and none were signed by the $SHIB distributor. 🔎 Mazrael noted that the SHIB distributor wallet only established the SHIB contract and has not processed any transactions since October 2021. Read More: The SHIB …

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Mazrael from the Shiba Inu (SHIB) community documented at least 137 fake tokens that the SHIB deployer wallet claimed to send coins from; the scheme involves memecoin's supposed…

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u.today broke the news on Tuesday, November 10, 2026.
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