The Shiba Inu community is staring down a new threat and this time, it’s disguised as a trusted name.
A fake email, posing as official communication from the Coinbase Compliance Team, is now making the rounds, preying on unsuspecting crypto holders. Its message is simple but sinister: verify your account or risk losing access to your funds.
But it’s a trap – and it could cost users everything.
Here’s everything you need to know.
According to a post by Susbarium Shibarium Trust Watch, a Shiba Inu-focused X account known for tracking scams, this phishing attack is designed to steal personal information under the guise of urgency.
The email tells users they must confirm account details or face restrictions on sending, selling, and transferring crypto. But instead of securing their accounts, those who comply are walking straight into a scam engineered to extract wallet credentials, recovery phrases, or both.
“This is a scam designed to steal your personal information,” Susbarium warned.
In its alert, Susbarium laid out several immediate steps for SHIB holders to protect themselves:
This doesn’t come as a surprise. It’s part of a broader rise in phishing attempts targeting crypto users with increasingly convincing tactics.
The SHIB community isn’t just dealing with email scams. Susbarium also flagged a surge in impersonator accounts posing as official Shiba Inu representatives, many of which aim to lure holders into clicking fake links or divulging sensitive data.
Another growing concern? Fake airdrop offers. These scams promise free tokens in exchange for wallet details or verification – but what they’re really after is access to your crypto.
With scammers upping their game, even seasoned holders need to stay on their toes. The message from Susbarium is clear: question everything, click nothing, and share the warning.
The SHIB army has always been tight-knit – now more than ever, protecting the community starts with staying informed.
Fake emails urge urgent verification but often have suspicious links, grammar errors, and don’t come from official Coinbase domains.
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