Shiba Inu Team Warned of Misleading SHIB Addresses on CoinMarketCap



According to a tweet sent from the verified Shiba Inu Twitter account, CoinMarketCap intentionally listed 3 fake smart contract addresses of SHIB.

The team, therefore, warned that these addresses found on the Binance Smart Chain, Solana, and Terra are not safe to use.
Going even further, the team warned users not to interact with these contracts and not to purchase SHIB from them because the “funds will be irreversibly lost.”
Shiba Inu’s team also argued that CoinMarketCap “has refused to communicate with the SHIB team on updates to the token page and willingly allowed malicious actors to vandalize our listing”
Responding to the allegation, CoinMarketCap acknowledged that it actually listed three SHIB addresses. However, the platform argues that these are not malicious addresses but rather for the wrapped asset instead:

For the avoidance of doubt, the addresses are not malicious. There is precedent for just o publish the contract addresses for wrapped assets because it would ultimately streamline the user experience and facilitate cross-chain transactions.

The team at CoinMarketCap also invited the Shiba Inu team to reach out through “the official channels,” linking to a support page.

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