Shibarium Trustwatch, a watchdog for the Shiba Inu community, has once again issued a warning aimed at protecting SHIB users from the ever-present threat of online scammers. The alert revolves around unsolicited requests for emails concerning SHIFU—an associated meme coin—purchases or claims. The Shiba Inu community is urged to exercise caution in sharing personal details and to seek verification only through approved channels.
The specifics of the scam involve fraudsters soliciting emails from their targets under the guise of providing assistance in purchasing or claiming SHIFU or addressing issues where SHIFU fails to appear in the targeted individuals’ wallets. Shibarium Trustwatch has advised community members to remain vigilant, eschew sending emails to unknown entities, and to refrain from sharing personal information.
SHIFU, a Shiba Inu-themed meme coin, was introduced to the market in early December by principal developer Shytoshi Kusama. It is currently available for trade on select decentralized exchanges, but major platforms, including Binance, have not yet listed the coin.
In a recent move to bolster community engagement, the meme coin project initiated a special airdrop event involving the distribution of 30% of SHIFU’s total supply—equivalent to 30 billion SHIFU—to the community. Of this, 22 billion SHIFU will be allocated to holders of at least 100,000 SHIB and 100 BUBBLE. Eligible LEASH holders will receive 2 billion tokens, while fortunate BONE owners will get 1 billion coins. The remaining 70% of the supply will be used for liquidity, public pre-sale, treasury, and market initiatives.
Shiba Inu’s extensive community base makes it a prime target for unscrupulous actors. Last month, Shibarium Trustwatch warned against individuals promising services involving the meme coins SHI and TREAT. The watchdog stated that these tokens weren’t live yet and encouraged users to follow the official accounts of Shiba Inu, Shytoshi Kusama, Kaal Dhairya, and Treat for accurate information.
In a subsequent warning, Shibarium Trustwatch noted that malicious actors were impersonating Shytoshi Kusama in fake groups to promote fraudulent tokens. Such repeated incidents of fraud underscore the importance of vigilance and the need for members of the Shiba Inu community to rely on official channels when dealing with transactions involving SHIB or associated meme coins.
