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Reading: Shiba Inu advisor warns of fake migration scams in Telegram groups
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COINTURK NEWS > Shiba (SHIB) > Shiba Inu advisor warns of fake migration scams in Telegram groups
Shiba (SHIB)

Shiba Inu advisor warns of fake migration scams in Telegram groups

In Brief

  • 🚨 Scammers spread fake Shiba Inu migration news on Telegram.

  • 🔒 No official migration for $SHIB tokens is taking place right now.

  • ⚠️ Users urged to only follow official channels and verified tokens.

  • 📌 A migration for LEASH v2 is planned but not yet scheduled.
Güvenç Koçkaya
Güvenç Koçkaya 1 hour ago
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Scammers have been spreading false information about token migrations within the Shiba Inu ecosystem, prompting warnings from Shiba Eternity game advisor and long-standing community member Mazrael. The alerts come as fraudulent narratives begin circulating on Telegram channels, targeting holders of SHIB, BONE, LEASH, and TREAT tokens.

Contents
Warning over fraudulent migration claimsOfficial guidance and token safetyLEASH contract upgrade underway

Warning over fraudulent migration claims

Mazrael, who plays a key advisory role in the official Shiba Inu mobile game, stated that individuals are using Telegram to mislead community members about supposed token migrations. He highlighted one specific account with the alias ‘someonesmart’ for broadcasting a fake migration campaign across multiple Telegram groups, including those dedicated to Bone ShibaSwap and Shibarium.

The scammer reportedly posted unauthorized links and group invitations in official community channels, muting moderators and banning developers to prevent them from addressing the fraudulent messages immediately. Mazrael made it clear that these groups and messages have no connection with ShibaSwap or the Shibarium project.

Mazrael emphasized that the group promoted by ‘someonesmart’ had “nothing to do with ShibaSwap or Shibarium,” warning users to avoid any migration claims from unofficial sources.

He further clarified that, as of now, “No migration is taking place,” and reminded users planning to stake BONE on Shibarium or interact with ShibaSwap to use only the real tokens and avoid offers of supposed replacement tokens.

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Official guidance and token safety

Community leaders are encouraging participants to rely solely on official channels and the legitimate tokens within the Shiba Inu ecosystem. These tokens include SHIB, BONE, LEASH, and TREAT. Users are advised to remain skeptical of any request involving unfamiliar contracts, swapping tokens due to supposed migrations, or moving assets to new addresses unless such actions are directly confirmed by official Shiba Inu sources.

“If you want to stake your BONE on Shibarium or use your real tokens on ShibaSwap, you use the real tokens,” Mazrael stated, reinforcing that no migration or token replacement is currently legitimate.

LEASH contract upgrade underway

Separately, the development team is preparing for a planned migration of the LEASH token following the identification of a technical flaw in its original code. This vulnerability affected the token’s fixed-supply feature, raising concerns that supply could be changed through a rebase mechanism, even though developers had previously stated the contract keys had been burned.

After addressing the issue, developers confirmed that the new LEASH v2 contract cannot mint additional tokens under any circumstance. The entire supply of the v2 token has already been secured in a multisignature wallet, awaiting distribution.

The team explained that when the migration process begins, holders of the original LEASH (v1) will have their tokens locked or burned, while v2 tokens will be issued from the multisig wallet according to each investor’s holdings. However, the official date for this migration is yet to be announced, and no action is required from holders at this time.

Mini dictionary: Multisignature wallet, a type of cryptocurrency wallet that requires more than one private key to authorize a transaction, offering additional security by distributing control among multiple parties.

You can follow our news on X, Telegram, Facebook & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Güvenç Koçkaya 17 August, 2026 - 3:17 pm 17 August, 2026 - 3:17 pm
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Güvenç Koçkaya
By Güvenç Koçkaya
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The author, a medical doctor and health economist, produces content on cryptocurrency markets, blockchain technologies, digital assets, and global finance.As a cryptocurrency writer and investor, he closely follows Bitcoin, altcoins, market trends, macroeconomic developments, token economies, and innovations in the digital asset ecosystem. By combining perspectives from health economics and financial analysis, he evaluates developments in cryptocurrency markets using a clear and data-driven approach.
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