- Shiba Inu users warned June 3 of phishing scams using fake Coinbase emails.
- Emails pressure users to confirm details or risk access, aiming to steal credentials.
- SHIB team advises never sharing private keys; impersonation/fake airdrops also rise.
On June 3, 2025, Shiba Inu community members received a warning about a phishing scam using fake Coinbase emails. The alert came from Susbarium Shibarium Trust Watch, a Shiba Inu-focused account on X that tracks crypto-related scams.
Scammers Mimic Coinbase to Steal SHIB User Credentials
According to the post, scammers are sending emails that appear to be from the Coinbase Compliance Team. The message tells recipients to confirm account details or risk losing access to key functions such as sending, selling, or transferring crypto. The email mimics official Coinbase branding, creating a sense of urgency to trick users into giving away private credentials.
The warning from Susbarium strongly urges SHIB users not to click any links in such emails or enter any sensitive data.
Impersonations and Fake Airdrops Also Target SHIB Holders.
This fake Coinbase alert isn’t the only worry for the SHIB community right nowShiba Inu community groups on X and Telegram are actively sharing warnings about a phishing email disguised as official communication from Coinbase.
Alongside the fake Coinbase alert, Susbarium also warned about rising impersonation attempts. Scammers are creating fake Shiba Inu representative accounts to mislead holders, promote phishing links, and steal wallet information.
Community members also reported receiving fake airdrop offers through email and direct messages. These messages claim to offer free Shiba Inu tokens but ask users to verify accounts or provide wallet details—putting their funds at risk.
Shiba Inu Team Urges Extreme Caution, Shares Safety Tips
The actual Shiba Inu team is reminding its holders that Coinbase (or any legitimate entity) will never ask for private details like private keys or seed phrases through unsolicited emails.
Their advice is; straightforward, to avoid clicking suspicious links, absolutely do not share your private keys or seed phrases with anyone, and only access crypto services through official, verified platforms. Security-focused hashtags continue to circulate as SHIB supporters work to raise awareness and stop these scams from spreading.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
