Shiba Inu Issues Urgent Warning Over New Phishing Scam Targeting Investors

Shiba Inu’s official scam alert channel, Susbarium, also known as Shibarium Trustwatch, has raised a new alarm over a phishing scam actively targeting members of the Shiba Inu community. The group cautioned that a fake website has been circulating online, designed to steal users’ funds by mimicking the project’s legitimate platforms. 

The fraudulent site reportedly tricks investors into connecting their crypto wallets, allowing scammers to drain their assets instantly. This warning comes amid ongoing efforts by the Shiba Inu team to curb a growing wave of impersonation and phishing attacks across the ecosystem.

Fraudulent Website Mimics Official Shiba Inu Platforms

In a post, Susbarium, the malicious website, https://app-shib-io.pages.dev/snapshot, has been deliberately designed to look identical to official Shiba Inu portals such as ShibaSwap and Shib.io. The scammers reportedly cloned the design and interface of legitimate platforms to deceive unsuspecting investors. Once a user connects their wallet, the attackers gain automatic access, allowing them to siphon funds without further consent.

Susbarium stated that scammers often promote these sites using fake incentives, including presales, bonuses, and cross-chain swaps, to lure users. The watchdog emphasized that Shib.io remains the only verified and legitimate platform for all Shiba Inu ecosystem activities. It also noted that Shib.io serves as the official hub for ecosystem tokens, LEASH, BONE, SHIB, and TREAT, along with ShibaSwap and other related projects.

Susbarium urged community members to remain vigilant and avoid engaging with suspicious platforms that attempt to replicate official designs. The alert further reminded users that the broader Shiba Inu development team has verified and endorsed only the Shib.io domain for authentic ecosystem interactions.

Growing Threat of Impersonation and Security Risks

Beyond phishing websites, Susbarium warned that scammers have been impersonating Shiba Inu administrators and developers across social media. The practice has reportedly persisted for years, with multiple cases documented by the alert channel. 

Susbarium has continued to issue similar alerts throughout the year, including reports of fake ShibaSwap sites created to drain assets. In response to the latest threat, the watchdog outlined key safety measures to help users protect themselves. It advised against connecting wallets to unverified domains and encouraged the use of revoke.cash to revoke token approvals for those who may have already interacted with malicious links.

The alert also urged users to report phishing domains to their wallet providers or browser security teams. Additionally, it recommended following only verified Shiba Inu channels on X, Telegram, and Discord for accurate updates.