Healthcare Firm That Bought $1.5 Worth Shiba Inu Sells Its SHIB Holdings

Canadian healthcare service ‘Ask the Doctor’ has called Shiba Inu a fraudulent scheme because its founders have not revealed their identities.

The company included $1.5 million USD (31 billion SHIB) to their balance sheet at the beginning of December and moved to accept it as a payment method.

Now it seems that the company’s support towards the memecoin did not last much, as Ask The Doctor recently revealed that it has dumped its 31 billion SHIB into the market.

The fact that Shiba Inu’s founders have not revealed their real identities shows that the project is a scam, “Ask the Doctor” claimed, and has vowed to take it a step further and go to court.

Ask The Doctor & Crypto

Ask the Doctor seemed like a crypto-friendly entity that supports a variety of digital assets. In addition to SHIB, the firm disclosed that it also holds Bitcoin (BTC), Ether (ETH), Cardano (ADA), Polkadot (DOT), Polygon (MATIC), Dogecoin (DOGE), and Floki Inu (FLOKI). “As technology evolves, we believe we need to as well,” the team said at the time.

In a sudden twist of events, on December 21, Ask the Doctor withdrew its support for Shiba Inu, describing the SHIB as a scam since Shytoshi Kusama and the rest of the founders have not revealed their true identities. As a result, the Canadian company said in a tweet (which has since been deleted) that it had “officially eliminated SHIB off” its balance sheet.

“Why is ShytoshiKusama not revealing himself? Easier for scammers to hide from law enforcement and people coming after you? SHIB is a scam shibarmy, the 1% real is brainwashed and 99% is bots.”

Ask the Doctor then posted numerous tweets against Shiba Inu. In one of them, the firm revealed it had sent emails to leading cryptocurrency exchanges like Binance, Kraken, and CryptoCom to delist SHIB from their platforms.

The healthcare company even claimed that the creators of the scam project Squid Game (SQUID) had “laundered” some of their fraud proceeds by purchasing Shiba Inu tokens.

Ask The Doctor posted the following tweet after they removed SHIB from their treasury:

“We will begin our initial lawsuit filing against Shib token and Shytoshi Kusama in UK tomorrow. It’s our obligation to protect the crypto community from these potential scammers. We will get their identities.”

The change of heart is somewhat surprising since “Ask The Doctor” has been an advocate of crypto in the previous months.

Earlier in November this year, it enabled users to pay in Dogecoin (DOGE) for medical assistance. Shortly after, the firm asked the community whether to extend the cryptocurrency offerings and embrace Floki Inu and Shiba Inu as payment methods, too. The overwhelming majority of the poll participants voted in favor, while “Ask the Doctor” tweeted: