Shiba Inu Scams Rise as Impersonator Profiles Target Millions

A surge in fake profiles has prompted warnings about scams targeting Shiba Inu holders. Susbarium Shibarium Trust Watch reports that over 1.5 million users hold SHIB, and scammers are leveraging this community size to lure victims with phishing attempts. These profiles often impersonate official representatives, directing users to unsafe links designed to steal their sensitive wallet information. The danger is particularly acute on platforms like X, where the sheer volume of users has facilitated an increase in these deceptive accounts.