TL;DR

• Shibarium Trustwatch warns SHIB holders of fake giveaways, phishing emails, and scam social accounts during the holidays.
• Users are cautioned to avoid sending emails about SHIFU tokens and urged to verify information through official channels.

‘Protect Yourself This Christmas’

Despite the festive season, scammers don’t have days off and are always on the lookout for new victims. One particular group in the cryptocurrency sector, which bad actors attack quite regularly, is the Shiba Inu (SHIB) community.

A few days ago, Shibarium Trustwatch (an X account that aims to provide security) alerted users to be extra cautious with several common crypto scams. The first is giveaways, which offer “free” tokens, merchandise, or NFTs. “Remember, free stuff is never truly free – providing personal information puts you at risk,” the team warned. 

Second, the community should stay vigilant for phishing emails. Fraudsters often send emails to victims, claiming to be from official SHIB-related projects, thus trying to steal their login credentials. 

Next on the list are social media accounts. The team cautioned that scammers create fake profiles on social media platforms pretending to be influencers, developers, or official accounts that offer tempting deals. “Verify handles and avoid DMs offering quick profits,” Shibarium Trustwatch warned. 

Ponzi schemes, fake charity appeals, fake customer support, and malicious links are the other things the SHIB community should be careful about. 

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