Scam Tokens Prompt Shiba Inu Team To Issue Emergency Alert – Details
The Shiba Inu development team has sounded the alarm over a wave of scams tied to LEASH and other tokens within its ecosystem. In notices put up on X by Susbarium, a Shiba Inu-committed profile, scam websites and pretend...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The Shiba Inu development team has sounded the alarm over a wave of scams tied to LEASH and other tokens within its ecosystem.
In notices put up on X by Susbarium, a Shiba Inu-committed profile, scam websites and pretend migrant links are being exploited to deceive owners into attaching wallets and confirming malicious transactions.
Fraudulent Sites And Phishing AttemptsOne of the scams highlighted involved a website promoting a fake LEASH migration. The warnings stress that any messages on Telegram encouraging users to take part in “LEASH V2 Migration” are phishing schemes designed to drain funds.
Shiba Inu holders were told to avoid clicking links or approving wallet requests that do not come from official channels.
SHIBARMY SAFETY ALERT
Beware of fake migration sites and scam messages targeting $LEASH and other Shiba Inu ecosystem tokens.
The site seen in the image is confirmed to be fraudulent. Telegram messages promoting “LEASH V2 Migration” with wallet connection requests… pic.twitter.com/ritcxUChQC
— Susbarium | Shibarium Trustwatch (@susbarium) August 30, 2025
LEASH Supply Concerns Spark V2On August 11, 2025, LEASH supply unexpectedly grew by 10%, sparking concern across the community. This event contradicted the long-standing belief that the token’s supply was fixed and that rebasing had been disabled.
After reviewing the incident, developers and the community agreed that LEASH v2 would be launched under a new audited non-rebase contract.
Shiba Inu developers noted that work on LEASH v2 is already underway. The stated goal is to provide a secure migration process, with full verification and protections for token holders.
At the same time, the team emphasized that any announcements about LEASH migration outside the official SHIB website should be treated as scams.
Warnings Against False ClaimsSusbarium also pointed out that coordinated groups of bad actors are spreading misinformation across social media through networks of fake accounts.
These efforts, according to the watchdog, are aimed at creating confusion and preying on less experienced investors.
The Shiba Inu team has made clear there is no official LEASH token on Solana. Claims of migration to that blockchain are fraudulent, and any Solana-based version of LEASH is fake.
Only tokens listed on the official SHIB website are valid parts of the ecosystem, the team stated.
Community On AlertThe repeated warnings underline how token migrations or contract changes often become a magnet for scams.
Shiba Inu developers say their priority is protecting holders during the shift to LEASH v2 while ensuring every step is transparent and verifiable.
For now, the community is being told to remain vigilant and avoid any unofficial migration offers.
Featured image from Unsplash, chart from TradingView
Why this matters
This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on NewsBTCRelated market context
Why XRP’s 63 billion circulating tokens don’t tell buyers what’s for sale
For XRP buyers, available supply depends on the price they are willing to pay. The token's roughly 63.09 billion circulating suppl...
Coinbase puts DATA-USD into auction mode after Story token migration
The auction mode for DATA-USD aims to stabilize initial trading by gauging market sentiment, potentially reducing volatility and e...
UK sanctions crypto payment processors Cryptomus, Heleket, and exchange TokenSpot
The UK's sanctions highlight the increasing scrutiny on crypto's role in evading financial restrictions, impacting global complian...
Securitize Rolls Out 1:1-Backed Tokens of Apple, Nvidia and 10 Other U.S. Stocks on Solana
Securitize launched Securitize Stocks on Thursday, a line of tokenized U.S. equities for eligible investors in the U.S., the Europ...
MEXC and Payward Highlight Collaboration as Crypto and TradFi Converge at TOKEN2049
October 9, 2026 – MEXC,a pioneer in 0-fee digital asset trading, and Payward, the parent company of Kraken, shared their perspecti...
Kyrgyzstan Shuts Stablecoin USDKG, Burns 50M Tokens After UK Sanctions
Kyrgyzstan is winding down USDKG, its state-backed gold stablecoin, and liquidating both its issuer and the country’s first state-...