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Financial Impropriety, Historical Revisionism and More: Shibburn Takes Aim at Shiba Inu Leadership

Press Releases Crypto News BeInCrypto Financial Impropriety, Historical Revisionism and More: Shibburn Takes Aim at Shiba Inu Leadership

The Shiba Inu (SHIB) burn tracker platform Shibburn has made several allegations against Shytoshi Kusama, the lead developer of the ecosystem.

The Shiba Inu ecosystem, which is known for the loyalty of its community, known as SHIB Army, has apparently become a hotbed of infighting.

Shibburn Alleges Shytoshi Kusama is Not a Real Developer

Shibburn has apparently had a falling out with other members of the Shiba Inu ecosystem. Targeting Shytoshi Kusama, Shibburn wrote:

“See Shytoshi tends to hide from the truth a lot. It’s why they want anyone who calls them out, ‘the Fudders,’ eliminated. Shytoshi knew they would get properly exposed, and wanted to make sure everyone turn a blind eye when it happens, and dismiss it as… well you guessed it, ‘FUD.’”

Shibburn claims that Shytoshi is not a real developer, alleging that ShibaSwap is a SushiSwap fork. ShibaSwap is the Shiba Inu ecosystem’s decentralized exchange (DEX).

Read more: Shiba Inu Burn Rate Explained: Understanding Token Burning.

Moreover, according to Shibburn, even the Shiba Inu ecosystem’s Layer 2 solution, Shibarium, is “no actual work,” but a Polygon fork. The burn tracker platform questions about the utility of the funds if Shibarium and ShibaSwap were forks of other projects.

In simplest terms, forking means copying the code of a project and making slight changes to it.

Finally, Shibburn also claims that Ryoshi, one of the founders of Shiba Inu, owns more than $1 billion worth of SHIB tokens. While Ryoshi has maintained that he owns zero tokens. Shytoshi Kusama yet to comment on the allegatio

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Author: Harsh Notariya

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