Shibarium team member and developer DaVinci has issued a warning to the Shibarium community that there is malicious activity on the network to issue counterfeit TREAT tokens. DaVinci warns investors, speculators, and the Shibarium community that the token, while named after a real token still under development by the Shibarium team, has not yet been officially launched. DaVinci makes it clear that any listing of TREAT tokens is not tied to official Shibarium development. The Shibarium developer explained that the malicious actors also used official shib.io addresses in their online posts to increase the legitimacy of their fake tokens.