Shiba Inu Influencer Raises Alarm About Scam Using Real SHIB Token – Here’s How

Shiba Inu influencer Susbarium has issued an alert to the SHIB Army about an ongoing phishing scam. The influencer explained how these scammers carry out the scam using real SHIB tokens. 

Shiba Inu Influencer Warns About Phishing Scam Involving SHIB

In an X post, the Shiba Inu influencer warned that there is a phishing scam using real SHIB tokens, where it has been adirdropped to wallets. Susbarium further revealed that the scammers attach a deceptive message urging users to click on a phishing link to claim rewards. The influencer stated that it is a phishing scam and that while the token itself may be valid, the message is designed to lure users into connecting their wallets to a fake site.  

The Shiba Inu influencer remarked that these scammers are exploiting SHIB’s legitimacy to gain the trust of token holders. Susbarium again explained how the airdropped token includes a fake site urging users to claim their rewards. However, this site is not affiliated with the official Shiba Inu ecosystem as the phishing scam portrays. The influencer added that those who connect their wallets may end up losing their assets or having their wallet security compromised. 

On how to stay safe, Susbarium urged Shiba Inu holders to ignore any embedded messages in token names or airdrops. The SHIB influencer further warned holders never to visit unknown websites promoted through unsolicited tokens and advised them to verify all token activity through the official Shiba Inu channels. For those who may have already clicked on the phishing link, the influencer shared a link for holders to revoke token approvals. 

The Shiba Inu influencer urged the SHIB Army to “protect the pack” and also inform other SHIB holders of this phishing scam. Susbarium remarked that there will be fewer victims with more eyes on the alert. 

Recent Security Fix in the SHIB Ecosystem

Notably, this development follows the recent exploit on Shiba Inu’s layer-2 Shibarium, which drained over $4 million in assets. However, the team announced that they have contained the situation by isolating the risk and hardening Shibarium end-to-end. As part of the move to tighten security on the layer-2 network, the team also migrated ownership of over critical contracts to hardware custody. 

Meanwhile, all validator signer keys have been rotated, and blacklisting has been added to staking flows. Regarding the sum that was exploited, the Shiba Inu team neutralized the 4.6 million BONE delegation from the attacker through controlled contract upgrades and state cleanup. The team tested this on Devnet Puppynet, and Hexens reviewed it. Thanks to this move, activity on the network has been fully restored. 

At the time of writing, the Shiba Inu price is trading at around $0.00001219, up in the last 24 hours, according to data from CoinMarketCap.

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