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You are here: Home / Cryptocurrency News / Shiba Inu faces lawsuit by Ask The Doctor

Shiba Inu faces lawsuit by Ask The Doctor

By Aishwarya shashikumar | Edited By Sahana Kiran,December 21, 2021, 7:00 PM

Shiba Inu seems to be facing a lawsuit filed by the Canadian company- ‘Ask The Doctor’. The company not only wants to file a lawsuit against the Dogecoin killer but also its creators.

The Canadian online medical service provider had earlier added $1.5 million (roughly Rs. 11.26 crore) worth of Shiba Inu (SHIB) to its balance sheet. The depredation saw the healthcare startup acquire approximately 31 billion SHIB tokens through crypto exchange Kraken, as the healthcare company prepared to start accepting the token as a payment option from its partners. This disclosure came up within hours of the startup tweeting that it had been receiving demands from Crypto users, specifically by the “SHIBARMY” to start accepting payments in the token.

https://twitter.com/askthedr/status/1466073125628653571?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1466073125628653571%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fgadgets.ndtv.com%2Fcryptocurrency%2Fnews%2Fcanada-healthcare-company-ask-the-doctor-adds-shiba-inu-token-payments-2635655

Soon after this, the company started to transfer all it’s coins to SHIB. While all was well, a certain tweet turned the two into foes.

Can't he be reported to the SEC for this tweet? 🤔 For market manipulation? pic.twitter.com/nBN89srbR4

— Prinny (@PrinnyMegido) December 21, 2021

This is when the true colours of the Canadian company showed. ‘Ask The Doctor’ was trying to captivate the Holders into buying another coin. this sort of a manipulation was not a foreseen one, this move was only in the interest of ‘Ask The Doctor’. Here on, the Canadian health provider started to call Shiba Inu a scam.

Shiba Inu founders threatened to be unmasked and sued

‘Ask The Docotr’ got into a twitter war with Shiba Inu followers, SHIBARMY and Shytoshi Kusama. They many a time shared articles regarding why Shiba Inu is a scam. Shytoshi Kusama has been threatened to be sued by the Canadian Company.

‘Ask the Doctor’ took to twitter to announce that they will be their legal team will be filing a law suit again $Shib and Shytoshi, seen as a responsible person with respect to Shiba Inu, for libel. They have also stated that they will be unmasking the true identity of the SHIB founders.

In their recent tweet, ‘Ask The Doctor’ has said that their legal team will be proceeding with filing of the lawsuit in the UK, tomorrow. At the time of writing, Shiba Inu was priced at $0.00003237 and was bullish at 9.07% in the last 24 hours.

Filed Under: Cryptocurrency News, Altcoin News, Crypto Scam, World

About Aishwarya shashikumar

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