Shiba Inu Community Alert: Phishing Email Scam
The Shiba Inu (SHIB) community, known as the SHIB Army, has received an urgent warning to protect their assets. In a post on X by Susbarium, a platform dedicated to exposing scams, the community has been alerted to a phishing email scam.
Fake Exodus Wallet Email Circulating
According to Susbarium, there is an ongoing phishing email impersonating “Exodus Wallet.” The content of the email tries to incite panic in recipients to keep their wallets active. However, Susbarium states it is merely a scare tactic.
The message contains a fake link urging users to “verify” their wallets or, in some cases, enter their seed phrase. By clicking on the link, malicious actors could compromise the wallet and steal their assets.
> 🚨 SHIBARMY ALERT – PHISHING EMAILS 🚨
>
> 📬 Fake Exodus emails are hitting inboxes with the subject line: “Exodus Wallet: Keep It Active!”
> 📜 It’s a SCAM designed to steal your assets. Don’t fall for it.
> 🛑 You NEVER need to verify a wallet to keep it active
> 🚫 Real @exodus… https://twitter.com/LQQu8vHgC4
> — Susbarium | Shibarium Trustwatch (@susbarium) July 4, 2025
The platform has warned users to ignore the message as cryptocurrency wallets do not need to be kept “active.” Additionally, it noted that Exodus Wallet will never request seed phrases. Susbarium emphasized that such requests are only made by scammers attempting to steal funds.
Users are reminded never to click on any email links or contact numbers in these messages. Susbarium confirmed that Exodus Wallet has no customer support phone number, and information should only be obtained from the official website.
Phishing Scams Spike in Crypto Community
Malicious actors have consistently leveraged phishing scams to defraud unsuspecting crypto asset holders. In October, scammers stole $35 million worth of crypto from a user who fell victim to their tactics.
The malicious actors exploited the “permit” option, introduced with Ethereum Improvement Proposal (EIP) 2612, to carry out the fraud.
Scammers continue to exploit users’ ignorance, prompting industry stakeholders to guide crypto users on safeguarding their accounts and wallets from these malicious actors.
Comments (2)
SOBA SESAN
23:13 - 04/07/2025
Malicious actors have consistently leveraged phishing scams to defraud unsuspecting crypto asset holders. In October, scammers stole $35 million worth of crypto from a user who fell victim to their tactics. The malicious actors exploited the “permit” option, introduced with Ethereum Improvement Proposal (EIP) 2612, to carry out the fraud. Scammers continue to exploit users’ ignorance, prompting industry stakeholders to guide crypto users on safeguarding their accounts and wallets from these malicious actors
SOBA SESAN
23:13 - 04/07/2025
Malicious actors have consistently leveraged phishing scams to defraud unsuspecting crypto asset holders. In October, scammers stole $35 million worth of crypto from a user who fell victim to their tactics. The malicious actors exploited the “permit” option, introduced with Ethereum Improvement Proposal (EIP) 2612, to carry out the fraud. Scammers continue to exploit users’ ignorance, prompting industry stakeholders to guide crypto users on safeguarding their accounts and wallets from these malicious actors