Shiba Inu, a meme coin that has excelled due to its strong social media presence, has become embroiled in a drama on “Crypto Twitter (NYSE:TWTR)” with ‘Ask the Doctor.‘
Ask The Doctor Calls Shiba Inu a Scam
Ask The Doctor is an Online Canadian healthcare company that recently emerged as a top influencer for Shiba Inu, but has turned on the project, calling it a scam.
The Canadian healthcare firm, on December 1st, added $1.5 million worth of Shiba Inu (SHIB) to its balance sheet, and has since warned Shiba Inu investors that the project is about to experience a rug pull.
Shiba Inu and ShytoShi Hit with a Lawsuit
Shortly after warning investors that Shiba Inu is a “fraud,” Ask the Doctor took to Twitter to announce that they would be filing a lawsuit against Shiba Inu and Shytoshi themselves, the anonymous developer of the meme coin.
According to Ask The Doctor, their legal team will be proceeding with filing a lawsuit against Shiba Inu and its founders for fraud in the U.K. on Wednesday, December 22nd. The firm tweeted;
Our legal team has will be commencing a lawsuit against @ShytoshiKusama / $shib for libel. We will be able to find out his true identity in the courts. Our company will not stand for defamation and fake reviews.We have also informed our contacts at the major exchanges.— Ask The Doctor ® (@askthedr) December 21, 2021
The online Canadian healthcare company has announced that it will be looking to unmask the true identity of the SHIB founders.
On the Flipside
- Ask the Doctor has been criticized for market manipulation, on the grounds that the firm was trying to get people to buy SHIB
Why You Should Care
In addition to revealing the idenities of Shiba’s developers, a lawsuit could potentially spell doom for SHIB, which has greatly struggled since its November ATH.
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