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HomeCrypto NewsMarketShiba Inu Investors Lose Assets to Fake Shibarium Website

Shiba Inu Investors Lose Assets to Fake Shibarium Website


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A Twitter handle dedicated to identifying scams within the Shiba Inu ecosystem recently highlighted the fake Shibarium website on Google.

Shiba Inu (SHIB) investors have been targeted by fraudulent schemes imitating official links within the Shib ecosystem, causing them to lose their assets.

Twitter handle @susbarium, an account dedicated to identifying scams and suspicious activity within the Shiba Inu ecosystem, recently highlighted a fake Shibarium website placed as an ad on Google. Notably, the website displays on the first page of the Google SERP when a “Shibarium” query is sent, giving a false sense of authenticity.

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The susbarium account disclosed that this is one of several fake websites strategically placed on Google to lure unsuspecting victims. The handle noted that the only official website for Shibarium is beta.shibariumtech.com, with all official Shiba Inu ecosystem links on this linktree page.

Lucie, a prominent community influencer, has alerted investors to this growing issue and urged them to stay informed to avoid falling victim to these scams.

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Lucie further revealed that she receives daily reports from Shiba Inu investors who have fallen victim to these scams. She mentioned that stolen assets include SHIB or other tokens, Shibyard plots, and SHIBOSHIS. Lucie urged community members to follow Susbarium to stay informed on these scams.


Investors are strongly advised to exercise caution when clicking on links, even out of curiosity, due to the scammers’ continuous use of new tactics and advanced technologies to ensnare unwary victims.

A Proliferation of Scam Schemes

The Shiba Inu ecosystem has faced its fair share of scams as the crypto industry witnesses a proliferation of scam schemes. As reported by The Crypto Basic, a recent incident involved a fake Twitter account impersonating Shytoshi Kusama, the Shiba Inu community leader. The account shared a fraudulent link asking investors to link their wallets with it.

In February, amid the anticipation of the Shibarium public beta release, some bad actors deployed a fake SHIBARIUM token on Ethereum shortly after creating a fake BLUR token and airdropping it to Justin Sun, Yuga Labs, and Coinbase.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.



Albert Brown
Albert Brownhttps://thecryptobasic.com/
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.

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