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Shiba Inu coin reconstruction statement triggers a new round of fraud warnings

2026-08-26 00:17:47
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Rumors about ecosystem restart have surfaced on the X platform

X platform user RuggRat posted that Shiba Inu (Ethereum address: 0x95 ad61b0a 150d 79219dcf 64e1e6cc 01f0b64c4ce) may be completely abandoning its existing roadmap. The proposal purportedly requires developers to abandon Shibarium, migrate the ecosystem to another blockchain, and rebuild ShibaSwap through a separate platform.

The content of the post suggests that elements seen as legacy from the previous management team should be distanced, which may involve migrating to a different blockchain, re-establishing ShibaSwap, ignoring the shib.io website, and adjusting the roles of BONE, LEASH and TREAT. RuggRat included a link to a page labeled "Shiba DAO" when sharing information about the so-called reconstruction proposal. A security warning popped up on the page, warning that its content may contain fraudulent or potentially malicious material.

Advisers called the rumor false information

Shiba Eternity consultant Mazrael refuted the suggestion that Shiba Inu was preparing to restart the ecosystem with a new structure, saying the so-called reconstruction proposal was a fake and had no connection to the official developers of the project. Mazrael denied the allegations and said the individuals promoting the proposal were not members of Shiba Inu's existing ecosystem products team.

Mazrael has repeatedly pointed out incidents of false transformation information targeting the Shiba Inu community. He mentioned that some developers had been banned on the Telegram channel, and then irrelevant people spread misleading transformation statements. Mazrael believes it was these same people who concocted the false restart proposal and emphasized that they had no relationship with ShibaSwap, Shibarium or Zama.

The SHIB veteran warned users to be wary of fake official Shiba Inu accounts and confirmed that all real updates would only be released through official channels. This reminder stems from a common trend in the cryptocurrency space: impersonation scams often target projects with large user bases. Attackers typically create accounts that mimic developers, consultants, or official brands to promote fraudulent links or gather sensitive information.

Community members are urged to avoid visiting unofficial websites and not to click on suspicious links.

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