• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Sq Magazine LogoSQ Magazine

Smarter Insights for a Fast-Moving Digital World

  • Latest News
  • Statistics
  • About
  • Contact
Subscribe
Sq Magazine Logo
  • Latest News
  • Statistics
  • About
  • Contact
Subscribe
Home » Cryptocurrency

SHIB Investors Targeted by Sophisticated Scam Mimicking Official Site

Published on: October 23, 2025
Barry Elad
Written By
Barry Elad
Barry Elad
Founder & Senior Journalist • 757 Articles
Barry Elad is a seasoned journalist and analyst specializing in finance, technology, AI, and founder of SQ Magazine. He explores the world o...
LATEST POSTS:
ChatGPT vs DeepSeek Statistics 2026: Users, Benchmarks & Pricing
OpenAI Reveals GPT Red for Powerful AI Security Testing
OpenAI’s First Hardware Device Is Reportedly a Screenless Speaker
Shiba Inu Wallet Holders Targeted With Phishing Attacks
As Featured In
The New York Times LogoForbes LogoWired LogoDeloitte LogoResearch.com Logo
Share on LinkedIn ChatGPT Perplexity Share on X Share on Facebook

Shiba Inu’s community faces yet another phishing threat as scammers impersonate the project’s official site to drain wallets.

Quick Summary – TLDR:

  • A fake Shiba Inu website is actively stealing funds by mimicking the official Shib.io platform.
  • Scammers use false promotions and fake identities to trick SHIB holders into connecting their wallets.
  • The Shiba Inu team confirmed that only Shib.io is the legitimate platform for the ecosystem.
  • Users are advised to double-check URLs and revoke permissions if affected.

What Happened?

The Shiba Inu community is under attack again. Scammers have launched a sophisticated phishing campaign using a fake website that closely resembles the official Shib.io site. Once users connect their crypto wallets, the scammers drain them by initiating unauthorized transactions. This is not the first time Shiba Inu investors have been targeted, and the warning signs are becoming more urgent.

🚨 SHIBARMY SECURITY ALERT: ANOTHER FAKE SITE DRAINING WALLETS 🚨

A malicious website impersonating Shiba Inu’s official platform is actively draining wallets. Do NOT connect to `https://app-shib-io.pages .dev/snapshot`.

### 🔥 ALERT DETAILS
Scammers have cloned the look and… pic.twitter.com/HKGk4gRRdQ

— Susbarium | Shibarium Trustwatch (@susbarium) October 22, 2025

Shib.io Imitated by Phishing Site

The fraudulent domain, reported by Shiba Inu’s official security alert channel Susbarium, is designed to mirror the real Shib.io site in both appearance and features. It mimics ShibaSwap, wallet connections, and even platform promotions. By offering fake benefits like “cross-chain swaps,” presale bonuses, and claims of partnerships, the site tricks users into granting wallet access.

Once connected, wallets are immediately compromised, and funds are drained without user consent. Susbarium stressed that the only legitimate Shiba Inu platform remains Shib.io, which hosts all ecosystem tokens like SHIB, LEASH, BONE, and TREAT, along with the official ShibaSwap.

Scammers Posing as SHIB Developers and Mods

The campaign goes beyond websites. Fake identities on X (formerly Twitter), Telegram, and even Discord have been used to pose as Shiba Inu developers or moderators. In 2023, scammers impersonated lead developer Shytoshi Kusama during a fake giveaway. In 2024, the attacks expanded with bogus Telegram groups and expired Discord links being exploited to trap users.

These impersonation scams aim to build trust with SHIB holders before stealing from them. The attackers even claim to be part of the SHIBARMY moderator team or official support, making the scams harder to detect.

Newsletter
Don’t chase tech news. We track it for you.

One weekly briefing with the launches, AI developments, and breaches that matter. No filler.

Users Urged to Take Security Seriously

To combat these ongoing threats, Susbarium and the Shiba Inu team are offering safety tips to protect the community:

  • Always verify URLs before clicking, especially those that seem slightly off or rushed.
  • Never connect your wallet to platforms that are not verified or officially promoted.
  • Use revoke.cash to cancel any permissions granted to suspicious sites.
  • Report phishing websites to wallet providers or browser security teams immediately.

A Persistent Threat to the SHIB Community

Shiba Inu has been frequently targeted by scammers since its 2020 launch, and the phishing tactics have only grown more deceptive. According to the team, new alerts are posted nearly every week due to the relentless nature of these attacks. The scammers often target multiple crypto projects at once, impersonating them to confuse users and scale their operations.

On August 14, the team also uncovered another campaign where attackers impersonated various crypto projects using expired Discord links to deceive users. That wave of phishing attacks proved that scammers are constantly evolving their tactics.

SQ Magazine’s Takeaway

I’ve seen a lot of phishing scams hit the crypto space, but this one targeting SHIB holders is especially sneaky. The fake website looks nearly identical to the real one, and the scammers are going all-in by pretending to be trusted community members. If you’re part of the SHIBArmy, now’s the time to triple-check every link and never connect your wallet unless you’re absolutely sure it’s legit. Tools like revoke.cash can be a lifesaver if you’ve clicked something suspicious. I hope the SHIB devs keep exposing these scams before more people get burned.

SQ Magazine follows strict Publishing Principles and a documented Fact-Check Policy to ensure accuracy, transparency, and editorial independence across all content.

Add SQ Magazine as a Preferred Source on Google for updates! Follow on Google News
Share ChatGPT Perplexity
Barry Elad

Barry Elad

Founder & Senior Journalist


Barry Elad is a seasoned journalist and analyst specializing in finance, technology, AI, and founder of SQ Magazine. He explores the world of artificial intelligence, uncovering trends, data, and real-world impacts for readers. When he’s off the page, you’ll find him cooking healthy meals, practicing yoga, or exploring nature with his family.

Related Posts

Sbi Crypto Hacked By North Korean Hackers
Cryptocurrency

North Korean Hackers Target SBI Crypto in Major $21M Cyberattack

Crypto Wallets Form Security Alliance For Phishing Defense Network
Cryptocurrency

MetaMask, Phantom, and SEAL Launch Real Time Crypto Phishing Defense Network

Binance Bnb Chain X Account Hacked
Cybersecurity

BNB Chain’s X Account Hijacked in Phishing Attempt, CZ Urges Caution

Disclaimer: The content published on SQ Magazine is for informational and educational purposes only. Please verify details independently before making any important decisions based on our content.

Reader Interactions

Leave a Comment Cancel reply

Primary Sidebar

Connect With Us

facebook x linkedin google-news telegram pinterest whatsapp email
google-preferred-source-badge Add as a preferred source on Google

You Should Also Read

Shiba Inu Reboots Shibarium Bridge with Tighter Security and User Refunds
Shiba Inu Boosts Network Resilience with Shibarium RPC Overhaul
Uniswap Phishing Scam Through Google Ads Steals $400K

Table of Contents

  • Quick Summary – TLDR:
  • What Happened?
  • Shib.io Imitated by Phishing Site
  • Scammers Posing as SHIB Developers and Mods
  • Users Urged to Take Security Seriously
  • A Persistent Threat to the SHIB Community
  • SQ Magazine’s Takeaway
Connect on Telegram

Footer

SQ Magazine Logo

Smarter Insights for a Fast-Moving Digital World

Connect With Us

Follow Us on Google News

Editorial & Trust

  • About
  • Publishing Principles
  • Fact-Check Policy
  • Corrections Policy
  • Ethics Policy
  • Disclaimer

Worth Checking

  • Social Media Attention Span Stats
  • Gen Z Social Media Statistics
  • TikTok vs. Instagram Statistics
  • LLM Hallucination Statistics
  • Spotify User Statistics
  • Apple Customer Loyalty Statistics
Contact Us
13570 Grove Dr #189,
Maple Grove, MN 55311,
United States
10 a.m. to 6 p.m. | Every day

Copyright © 2022–2026 SQ Magazine. All Rights Reserved. Powered by the Neural Stack.

  • Privacy Policy
  • Terms
  • Accessibility Statement
Company
  • About Us
  • Our Team
  • Our Mission
  • Core Values
Discover
  • Brand Assets
    Brand Assets
  • Stats Methodology
    Stats Research Process
  • Glossary
    Glossary
Categories
  • Internet
  • Technology
  • Artificial Intelligence
  • Gaming
  • Cybersecurity
Internet
Netflix vs Disney+ vs Amazon Prime Statistics
Netflix vs Disney+ vs Amazon Prime Statistics 2026: Viewer Insights
Social Media Demographics By Platform
Social Media Demographics by Platform Statistics 2026: A Definitive Guide
Amazon Music Statistics
Amazon Music Statistics 2026: Subscribers, Share and Revenue
How Many People Use YouTube
How Many People Use YouTube 2026: Users by Country
How Many People Work At Amazon
How Many People Work At Amazon 2026: Headcount, Layoffs, Productivity
Hulu Statistics
Hulu Statistics 2026: Subscribers, Revenue and Market Share
Technology
Google Cloud Platform Statistics
Google Cloud Platform Statistics 2026: Market Growth
Asana Statistics
Asana Statistics 2026: Revenue, Customers, AI ARR and Market Share
AWS Statistics
AWS Statistics 2026: Revenue, Market Share and AI Growth
Adobe Creative Cloud Statistics
Adobe Creative Cloud Statistics 2026: Subscribers, Revenue and Market Share
Adobe Statistics
Adobe Statistics 2026: Revenue, ARR, and Workforce Data
Employee Productivity Statistics
Employee Productivity Statistics 2026: Engagement, Costs & Trends
Artificial Intelligence
ChatGPT vs DeepSeek Statistics
ChatGPT vs DeepSeek Statistics 2026: Users, Benchmarks & Pricing
ChatGPT vs Claude vs Gemini vs Perplexity Statistics
ChatGPT vs Claude vs Gemini vs Perplexity Statistics 2026: Users, Revenue & Market Share
How Many People Work At Midjourney
How Many People Work At Midjourney 2026: Lean Team, Big Revenue
Grammarly AI Statistics
Grammarly AI Statistics 2026: Users, Revenue, Funding, Rebrand
Copilot Statistics
Copilot Statistics 2026: Users, Adoption, Revenue and Market Share
AI Image Generation Statistics
AI Image Generation Statistics 2026: Market Size, Adoption & Risks
Gaming
Online Gambling Regulations Statistics
Online Gambling Regulations Statistics 2026: Global Compliance and Enforcement Data
Fantasy Sports Statistics
Fantasy Sports Statistics 2026: Users, Revenue & Trends
Apex Legends Statistics
Apex Legends Statistics 2026: Players, Revenue, and Esports
Fortnite Statistics
Fortnite Statistics 2026: Players, Revenue, Esports, and Engagement
Gamers Statistics
Gamers Statistics 2026: Players, Habits & Global Data
Minecraft Statistics
Minecraft Statistics 2026: 300 Million Copies Sold & 212M Monthly Players
Cybersecurity
Password Statistics
Password Statistics 2026: Credential Theft, MFA, and the Passkey Tipping Point
Identity Theft Statistics
Identity Theft Statistics 2026: Key Fraud Data and Trends
CVE Statistics
CVE Statistics 2026: Severity Distribution and Top Affected Vendors
Dark Web AI Tool Marketplace Statistics
Dark Web AI Tool Marketplace Statistics 2026: Explosive Market Growth
API Security Breach Statistics
API Security Breach Statistics 2026: Hidden Threats
AI Voice Cloning Fraud Statistics
AI Voice Cloning Fraud Statistics 2026: Alarming Trends You Must Know Now
Categories
  • Cybersecurity
  • Artificial Intelligence
  • Internet
  • Technology
  • Gaming
Cybersecurity
Cursor S Unpatched Zero Day Lets Repos Run Malicious Code
Cursor’s Unpatched Zero-Day Lets Repos Run Malicious Code
Notepad 8 9 7 Patches Five Security Vulnerabilities
Notepad++ 8.9.7 Patches Five Security Vulnerabilities
Telegram S T Me Domain Suspended Amid Ofac Sanctions Link
Telegram’s t.me Domain Suspended Amid OFAC Sanctions Link
Shinyhunters Abuses Salesforce Oauth To Bypass Mfa
ShinyHunters Abuses Salesforce OAuth to Bypass MFA
Lidl Confirmed Data Breach Of Online Store
Lidl Confirms Data Breach at Third-Party IT Provider
Ghostcommit Attack Hides Prompt Injection Inside Images
GhostCommit Attack Hides Prompt Injection Inside Images
Artificial Intelligence
Xai Open Sources Grok Build Coding Agent
Grok Build AI Coding Agent is Now Open Source
Openai Reveals Gpt Red For Powerful Ai Security Testing
OpenAI Reveals GPT Red for Powerful AI Security Testing
Openai S First Hardware Device Is Reportedly A Screenless Speaker
OpenAI’s First Hardware Device Is Reportedly a Screenless Speaker
Claude For Teachers Launched
Anthropic Gives Verified K-12 Teachers Free Claude Access
Kalshi S World Cup Odds In Chatgpt
OpenAI Shows Kalshi’s World Cup Odds in ChatGPT
Anthropic Extends Claude Fable 5 Access Again
Anthropic Extends Claude Fable 5 Access Again
Internet
Aws Cloudfront Outage Triggers Global 5xx Errors
AWS CloudFront Outage Triggers Global 5xx Errors
Whatsapp Launches Username Reservation Feature
WhatsApp Opens Username Reservations for Its 3 Billion Users
Chrome 149 Update Fixes Serious Vulnerabilities
Google Chrome 149 Fixes 18 Serious Security Flaws
Meta Hands Whatsapp Reins To Cred Founder Kunal Shah
Meta Hands WhatsApp Reins to CRED Founder Kunal Shah
Major X Outage Disrupts Users Worldwide
Major X Outage Disrupts Users Worldwide, Service Restored
Meta Adds 13 Plus Age Verification For Teen Safety
Meta Adds 13+ Content Settings and AI Age Checks for Teens
Technology
Apple S Foldable Iphone Ultra Battery Capacity Allegedly Leaks
Apple’s Foldable iPhone Ultra Battery Capacity Allegedly Leaks
Microsoft Lays Off 4800 Employees
Microsoft Cuts 4,800 Jobs, Resets Xbox Strategy
Chrome Update Fixes 382 Vulnerabilities
Chrome 150 Patches 382 Security Fixes, 15 Critical
Apple Leak Reveals Six New Iphones For 2027
Massive Apple Leak Reveals Six New iPhones for 2027
Google Finance Comes Out Of Beta With Android App
Google Finance Gets Major AI Upgrade and New Android App
Windows Recycle Bin Bug Confirmed After June Security Update
Windows Recycle Bin Bug Confirmed After June Security Update
Gaming
Gta Vi Official Cover Art
GTA 6 Pre-Orders Start June 25, New Cover Art Unveiled
Epic Games Teases Unreal Engine 6 For Rocket League
Epic Games Teases Unreal Engine 6 for Rocket League
Stardew Valley Launched For Nintendo Switch 2 Edition
Stardew Valley Switch 2 Edition Arrives with Online Co-op
Hogwarts Legacy Game Crosses 40m Downloads
Hogwarts Legacy Crosses 40M Sales, Beating Industry Giants
Pubg Black Budget Closed Alpha Launched
PUBG: Black Budget Launches Closed Alpha Test With a Bold PvPvE Twist
Counter Strike 2 Skin Market Crashes After Valve Update
Counter-Strike 2’s $5.9 Billion Skin Economy Just Got Shattered
Newsletter

Too much tech noise?

We respect your time. One high-signal briefing a week — tech, AI, and security. Nothing else.

Newsletter

The SQ Briefing

We track tech, AI, and security 24/7. You get a 5-minute weekly summary.