- Shiba Inu team warns against LEASH token scams and migration issues.
- Community advised on LEASH scams only on Ethereum.
- LEASH experienced a 17% price drop amid security concerns.
The Shiba Inu team issued urgent warnings on August 25, 2025, against scams targeting LEASH tokens within their ecosystem, emphasizing dangers from fraudulent activities reported online.
This surge in fraudulent schemes highlights ongoing security challenges within the crypto space, affecting market trust and asset prices, with LEASH experiencing a 17% price drop.
Security Warnings and Community Alerts
The Shiba Inu team has issued warnings concerning scams targeting the LEASH token amid technical issues and online fraud. Users are cautioned to rely only on official channels for any updates regarding the token’s migration.
Be careful of scammers pretending to offer LEASH v2 early or promising shortcuts. The migration will only happen through official channels announced on shib.io. — Lucie, Community Spokesperson, Shiba Inu Team
The main entities involved in this situation include the Shiba Inu Project Team, Lucie, a spokesperson for the ecosystem, and Susbarium, a known ecosystem watchdog. Each party has been active in addressing the scams and issuing necessary alerts.
Impact and Risks on the Ecosystem
Immediate effects include LEASH’s direct price volatility, which dropped by 17% to $85. The SHIB ecosystem tokens face increased risks due to enhanced attempts at impersonation scams in the wake of the technical incident.
This situation has sparked concerns over financial security, particularly affecting the tokens within the Shiba Inu ecosystem. Reports suggest no new institutional grants or capital infusions linked to this predicament.
Future Outlook and Security Measures
Security vulnerabilities continue to pose a threat to the financial security of SHIB tokens.
It remains uncertain how the continued exposure to scams might influence future technological or regulatory outcomes. Experts stress that all official migrations must occur only through verified channels with a focus on thorough audits and DAO ratifications.
