Shiba Inu Team Issues Urgent Scam Alert Amidst LEASH V2 Transition
The Shiba Inu development team has sounded a critical alarm, issuing an emergency alert regarding a wave of sophisticated scams targeting its ecosystem, with a particular focus on LEASH and other associated tokens. Holders are urged to exercise extreme caution as malicious actors exploit ongoing developments to deceive investors.
Phishing Attacks Target LEASH Migration
At the heart of the current threats are phishing schemes that mimic official "LEASH V2 Migration" initiatives. These scams typically manifest through fake websites and deceptive Telegram messages, coercing users to connect their digital wallets under false pretenses. The ultimate goal of these fraudulent operations is to drain funds from unsuspecting holders. The Shiba Inu team explicitly warns against engaging with any unofficial announcements or clicking suspicious links that do not originate directly from their verified channels.
The Genesis of LEASH V2 and Community Safeguards
These scam attempts leverage the community's attention on the upcoming LEASH V2 transition. This transition was prompted by an unexpected 10% increase in LEASH supply on August 11, 2025, which raised concerns among token holders. Following this incident, developers and the community collaboratively agreed to launch LEASH V2 under a new, audited non-rebase contract, ensuring enhanced security and stability. Work on this migration is actively underway, with the team committed to a secure, transparent, and fully verifiable process to protect token holders.
Debunking Solana Rumors and Official Channels
Further complicating the landscape, bad actors are actively spreading misinformation across social media platforms using fake accounts. A significant clarification from the Shiba Inu team addresses fraudulent claims of an official LEASH token on the Solana blockchain. They unequivocally state that any such claims or supposed migrations to Solana are fake. Investors are reminded that only tokens officially listed on the official SHIB website are recognized as valid components of the Shiba Inu ecosystem. The community is advised to remain vigilant and to only trust information disseminated through official channels to avoid falling victim to these pervasive scams.