Investors of Beast Token (BEAST), a Shibarium-based token, suffer huge losses after the team behind the token executed a rug pull. 

Shibarmy Scam Alerts, a Shiba Inu community-driven scam alert channel, reported the incident over the weekend in a post titled “Beast Token Rug Pull on Shibarium.”  

According to Shibarmy Scam Alerts, the team closed all communication channels on Telegram after draining investors’ funds. At the time of the tweet, the channel noted that the team behind BEAST had not offered any compensation to affected victims. Notably, the community-driven channel provided a link to the token’s transaction activity on DEX Screener. 

#shiba⚡ #Crypto #CryptoNewsCommunity #CryptoNewsUSA #CryptoNews🚀🔥V