FLOKI, a popular cryptocurrency project, has refused any association with PetabyteCapital and warned its users against scams utilizing its brand name. In a tweet, FLOKI clarified that PetabyteCapital was never a co-founder of FLOKI and emphasized that the project has never had a founder or co-founder. The announcement came after reports of false associations with FLOKI, suspected to be an attempt to generate hype around other projects and scams. FLOKI urged its users to do their own research and verify information from reliable and official sources. Whale Chart’s Twitter account had recently pointed out PetabyteCapital for falsely claiming to be a FLOKI co-founder and shilling scams.