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CoinMarketCap allegedly lists 3 fake SHIB contract addresses, Twitter firestorm ensues

CoinMarketCap allegedly lists 3 fake SHIB contract addresses, Twitter firestorm ensues

A bit Twitter drama ensued on Thursday, continuing well into Friday afternoon, when developers behind popular meme token Shiba Inu (SHIB) issued a statement alleging that CoinMarketCap h listed three fake SHIB contract dresses belonging to the Binance Smart Chain (BNB), Solana (SOL), and Terra Luna (LUNA) blockchains. The staff at Shiba Inu claimed that the dresses were unsafe and that CoinMarketCap h refused to correct the alleged mistake. At the time of publication, the contract dresses are still viewable on CoinMarketCap.

Official Statement regarding the recent actions by @CoinMarketCap . pic.twitter.com/DXP2wZRhYC

— Shib (@Shibtoken) January 13, 2022

Earlier in the day, CoinMarketCap issued a response claiming that the contract dresses listed on the page are wormhole dresses designed to facilitate cross-chain transactions. According to the popular crypto price-tracking site, the staff at Shiba Inu did not go through official channels to contact them and have reached out for greater clarification.

Please note that the non-ETH contract dresses on this page @shibtoken are wormhole dresses, which are designed to facilitate cross-chain transactions of wrapped versions of this assethttps://t.co/IhbNBJkwnf

— CoinMarketCap (@CoinMarketCap) January 14, 2022

While Shytoshi Kusama, volunteer project le for Shiba Inu, did not comment on the issue, the developer retweeted a post from Twitter user @wenfloat, who said:

“If you are going to allow scammers to d false contracts in our page (WE ARE ONLY ERC-20), you should delist SHIB. At least you won’t be collaborating with scams. You’ve ignored us for months; where’s your professionalism?”

Shiba Inu is known for its stellar token gains over the past 12 months, as well as its (sometimes overly) enthusiastic investors. Last December, former SHIB influencer and Medical Q&A platform Ask the Doctor filed a lawsuit against Shytoshi Kusama, alleging libel, and threatened to reveal his personal identity in court. In response, the site lost approximately 10,000 followers out of 58,000 within hours and h its Twitter posts buried in a flurry of ridicule, along with hundreds of one-star reviews on TrustPilot (most of which have since been removed).

META
ARTICLE: CoinMarketCap allegedly lists 3 fake SHIB contract dresses, Twitter firestorm ensues  
PUBLISHED: 2022-01-14 20:45:00 
SOURCE: https://cointelegraph.com/news/coinmarketcap-allegedly-lists-3-fake-shib-contract-dresses-twitter-firestorm-ensues
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