Shiba Inu Team Exposes New Fake SHIB Airdrop

  thecryptobasic.com 3 h

Shibarmy Scam Alerts, a community-driven scam alert channel, cautions Shiba Inu community members about fake SHIB airdrops.

In its latest warnings, the channel emphasized that there are currently no official SHIB airdrops at the time of issuing the X post. Additionally, Shibarmy Scam Alerts warned users against connecting wallets to fraudulent websites in an attempt to claim the SHIB airdrop.

The warning suggests that any claims of airdrops for SHIB are fraudulent and should not be taken seriously.

Fake SHIB Airdrop

Furthermore, it shared a screenshot showing a sample of a malicious X post promoting an airdrop for SHIB. The scammers published the post under a fake name, “Roberto Colon.”

The X post highlighted steps on how Shiba Inu community members could participate in the malicious airdrop. One of the steps requires participants to connect their wallet to a fraudulent website.

Connecting wallets to these websites would give attackers complete access to your wallets, leading to a loss of funds.

🚨SHIBARMY WARNING:🚨@X

More fake Airdrops

There is no official SHIB airdrops for you to claim, so please don’t connect your wallet to any sites to gain these airdrops.

Stay safe shibarmy and keep your eyes open ..#StayAlert 🛡️ #SHIBARMY #SafetyFirst #SHIBARMYSTRONG pic.twitter.com/KiGx3eAiEU

— Shibarmy Scam Alerts (@susbarium) June 4, 2024

Our Findings

The scammers behind the X post have been making significant efforts to give the malicious post legitimacy. This involves retweeting other Shiba Inu-related news to deceive unsuspecting investors into believing that the SHIB airdrop post is genuine.

Further investigation shows that the X account was created in October 2010 and has since amassed 1,437 followers.

Although over 1,900 X users have viewed the SHIB airdrop post, it has only gotten two likes in the past three days. This suggests that Shiba Inu community members know the airdrop is a scam.

Shiba Inu Warnings Against Fake Airdrops

Airdrops are a common marketing tactic adopted in crypto to reward loyal community members with free tokens.

However, scammers have adopted this strategy to lure unsuspecting investors into connecting their wallets to a fraudulent platform or giving away sensitive information like their seed phrases.

This is not the first time the Shiba Inu ecosystem team has warned the community against engaging with malicious SHIB airdrops. As reported last month, Shiba Inu’s official X handle warned that there are no sanctioned airdrops for SHIB. It also cautioned investors against clicking links affiliated with any SHIB airdrop, as doing so could drain their wallets.

Besides SHIB, scammers have also launched fake airdrops for Shiba Inu’s ecosystem and partners’ tokens, including BONE, KNINE, and LEASH. The Shiba Inu ecosystem team has issued similar warnings for these tokens, urging users not to engage with these malicious airdrops.

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