Shiba Inu Raises Alarm Over Malicious BONE Airdrop

Shibarmy Scam Alerts issues a critical warning regarding a fake airdrop for BONE tokens targeting unsuspecting Shiba Inu community members.

Scammers persistently seek out new ways to exploit unsuspecting investors looking for new opportunities to grow their crypto holdings. In recent times, these malicious actors have targeted enthusiasts of Shiba Inu due to their relentless enthusiasm for SHIB-related projects.

However, the Shiba Inu ecosystem team and the community-driven scam alert channel Shibarmy Scam Alert (@susbarium) have always issued critical warnings to keep community members safe.

Malicious BONE Airdrop

The latest scam focuses on Bone ShibaSwap (BONE), Shibarium’s gas fee token. According to a latest X post, @susbarium uncovered an illicit email urging Shiba Inu community members to participate in an airdrop to claim BONE tokens.

Details from an accompanying screenshot show that the scammers inform potential victims about their eligibility to claim BONE as part of an ongoing token airdrop program. The scammers urge users to click the link in the email to claim the so-called BONE rewards.

Shiba Inu Warnings

Notably, the community-driven scam channel warned users who received the email not to fall for the scam as there is no official airdrop for BONE. To avoid being victims, the channel recommended that users delete the message and not click the link or the picture attached to the email.

It noted that clicking the link would redirect users to a malicious website, which could inadvertently grant the bad actors control over users’ funds.

#Shibarmy, if you receive an email like this one, don’t fall for it, it’s NOT official, and it’s a scam!

There are no $BONE airdrops!

Delete the email message, don’t click on the link/picture! It sends the victims to a fake website intended to steal the wallets. Stay safe! pic.twitter.com/U8ezGpXrQd

— Shibarmy Scam Alerts (@susbarium) April 19, 2024

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Scams like this typically redirect victims to a malicious website where they would connect their wallets to receive the airdrop. Once you connect your wallet to the platform, you indirectly give the scammers complete access to your funds.

Not New

It is not the first time that scammers are targeting Shiba Inu enthusiasts. Shibarmy Scam Alert has exposed most of these scams. 

On April 16, the channel provided insight into the tactics most commonly used by scammers: creating and redirecting users to malicious websites to steal their information and funds.

Last month, it also exposed another scam targeting K9 (KNINE) investors, a new token in the Shiba Inu ecosystem. These warnings are imperative as they help protect Shiba Inu community members from being exploited.