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
Ondo Puts BlackRock-Designed Portfolios Into Single Onchain Tokens
Ondo has launched three tokenized portfolios based on investment strategies developed by BlackRock specifically for the platform....
Bitget freezes XRP withdrawals as 27M stolen tokens move
Bitget’s XRP withdrawal route was still disabled on Sept. 26, even as the exchange set Oct. 2 at 08:00 UTC for the last phase of i...
SEC staff’s staking-token split spotlights the exit risks behind staked ETH tokens
An ETH holder can sell a liquid-staking token while the ETH behind it remains staked. A Sept. 25 SEC staff FAQ draws a conditional...
Bitcoin ATM Scam Takes $4,900 After Fake Jury Duty Threat
A Georgia woman deposited $4,900 into a Bitcoin ATM after being told she had missed jury duty and needed to pay to avoid arrest. H...
SEC staff says certain crypto buybacks and staking tokens fall outside securities laws
SEC staff issued new crypto guidance covering token buybacks, staking receipt tokens, marketing and when ongoing network developme...
Aave Adds Coinbase Stock Tokens as Collateral on Base
Aave has opened a market on Base where eligible non-U.S. holders of seven Coinbase-issued stock tokens can borrow USDC without sel...