Susbarium Shibarium Trust Watch, a trusted X (formerly Twitter) account focused on exposing scams in the SHIB ecosystem, has put the Shiba Inu community on high alert by issuing an urgent warning about escalating fraud attempts. As Shiba Inu gains popularity and adoption, malicious actors are actively exploiting the growing interest to mislead users and steal their assets.
Impersonator Accounts and Phishing Scams on the Rise
Susbarium recently sounded the alarm on X, warning that impersonator accounts are increasingly posing as official Shiba Inu representatives. These fake profiles actively deceive community members by mimicking verified SHIB accounts and luring them with phishing links, fake giveaways, and fraudulent reward offers.
The timing of the warning is significant. According to Etherscan, Shiba Inu now boasts over 1.5 million holders (1,509,812 to be exact)—a growing user base that scammers are actively targeting through deceptive tactics.
Susbarium’s alert urged users to exercise extreme caution and follow key safety protocols when interacting with SHIB-related content online.
Essential Safety Tips for SHIB Holders
To safeguard the community, Susbarium shared four critical recommendations:
- Always verify sources: SHIB holders must double-check any information or announcement using official Shiba Inu communication channels, such as verified X accounts or the official website.
- Avoid suspicious links: Users should refrain from clicking on random or unfamiliar links, regardless of how legitimate they appear. Scammers often disguise harmful URLs behind well-branded visuals.
- Protect wallet credentials: Private keys and seed phrases should never be shared under any circumstances. No legitimate project will ever ask for such sensitive information.
- Report suspicious activity: If users encounter potential scams or impersonator profiles, they should report them immediately and alert fellow SHIB community members.
Fake Airdrops and BAD Token Scam Claim Portals Emerge
Susbarium also exposed another major threat: fake airdrop scams. Scammers have been circulating emails and DMs offering supposed SHIB-related airdrops. These fraudulent messages often request that users “verify their wallets” or “connect accounts” to receive rewards, putting their cryptocurrency funds at serious risk.
In a separate alert, Susbarium warned of a specific scam campaign involving the BAD token. Fraudsters have created a fake token claim portal that closely resembles the official SHIB platform’s design. This fake site prompts users to connect their wallets, falsely claiming it’s to verify reward eligibility.
Once connected, these fraudulent portals can drain users’ wallets or gain access to sensitive data. The scammers also use deceptive language, asking users to “confirm eligibility” or “verify identity,” adding a false sense of urgency and legitimacy.
Related article: Shiba Inu (SHIB) Faces Major Decline: Could It Be Headed for Its Worst Performance This Year?
Final Thoughts: Stay Vigilant and Spread the Word
As SHIB adoption rises, so do scam attempts. Susbarium’s timely warnings offer a critical reminder for the community to remain cautious, verify every interaction, and never trust unverified messages or websites.
Shiba Inu holders must stay proactive, protect their digital assets, and report suspicious activity to prevent others from falling victim. Community education and collective vigilance remain the most effective defence.
