Shiba Inu Lead Developer Denies Links to Shibarium DEX Project

It comes after influencers tried to connect the developer to PAW token purchases.

Shiba Inu lead developer Shytoshi Kusama has denied having anything to do with Pawswap, a proposed Shibarium decentralized exchange (DEX).

The developer made this known in a tweet yesterday, asserting that claims to the contrary are false. According to the developer, he does not own a single PAW token, adding that the community should be wary of “wolves in Shib’s clothing.”

“I have nothing at all to do with Paw token and own not even one,” Kusama wrote. “Anything you hear contrary is a lie. Be careful Shibarmy, many wolves in Shib’s clothing.”

Been getting this question alot: No. I have nothing at all to do with Paw token and own not even one. Anything you hear contrary is a lie. Be careful #Shibarmy, many wolves in Shib’s clothing.

— Shytoshi Kusama™ (@ShytoshiKusama) February 10, 2023

Notably, this PAW token for Pawswap is separate from the one that PawZone, a team also building apps for the Shibarium protocol, is planning to launch, as The Crypto Basic reported.

Kusama’s statements come after influencers promoting the project had linked an address associated with Kusama to two PAW token purchases in January. It consequently sparked speculation that the de-facto Shiba Inu leader backed the project. Notably, Kusama did share the address in question in a tweet from Feb. 12, 2021.

Lfg! 0xaC6Be0f5dEC557f243D3F0cA3a6d6452E24A172c

— Shytoshi Kusama™ (@ShytoshiKusama) February 12, 2021

In response, the team behind the project asserted that they never said they were Shytoshi. Instead, claiming that they are Ryoshi as if to say they do not regard him as the community leader, mentioning the pseudonym of the original Shiba Inu creator.

We never said we are shytoshi, we are #RYOSHI https://t.co/lTNIHGLxWl

— Pawswap – The Shibarium DEX (@PawShibarium) February 10, 2023

Meanwhile, influencers have shared Kusama’s Telegram messages, clarifying that he is not saying that the project is fraudulent but that he has nothing to do with it.

Latest statement from Shytoshi about $PAW, everything is okay ❤️ pic.twitter.com/qWmYoLM1wx

— SHIBARMY CANADA (@Dezaxe) February 10, 2023

At the time of writing, PAW is trading for $0.083148, down 36.9% in the last 24 hours per DEXTools data.

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