On Wednesday Feb. 18, Lucie, a renowned Shiba Inu executive, issued a critical warning to users after scammers targeting the Shiba Inu community resurfaced with another scheme.
Following a recent X post from the executive, Lucie warned that scammers are using fake portals to exploit funds around the new SHIB-based NFT project, dubbed SHIB OWES YOU (SOU).
Lucie warned that malicious actors are actively spreading phishing links, fake SOU portals and mirror websites that mimic the official Shiba Inu website.
HOT Stories
Morning Crypto Report: XRP Defends 200-Week Support, Altcoin Sell-Off Hits Five-Year Highs, Arthur Hayes Shares Two Scenarios for Bitcoin Amid ‘AI Financial Crisis’
Saylor: ‘We Are in Crypto Winter’
These fake portals aim to trick users into connecting their wallets. This way, the attackers can drain the funds of victims. Furthermore, Lucie emphasized that users should only access the official SHIB portal and carefully verify all links before doing anything.
Introducing SOU (SHIB OWES YOU)
The warning has come shortly after the Shiba Inu team disclosed the emergence of the SOU (Shib Owes You) project, a blockchain-based initiative created in response to a September 2025 bridge exploit, in which tokens leaving Shibarium failed to arrive on Ethereum, resulting in an estimated $2-4 million in losses across 17 tokens
While the SHIB developers had introduced SOU as a transparent on-chain compensation mechanism in regards to the incident, affected users are offered a permanent, audited NFT on Ethereum that records exactly what the ecosystem owes them, including token types and amounts
These records are publicly verifiable through blockchain explorers such as Etherscan, ensuring that claims cannot be altered or deleted.
While the team is hell-bent on reinforcing trust, the SOU smart contracts were independently audited by Hexens, a well-known blockchain security firm
The audit reviewed minting logic, principal calculations and safeguards against duplicate or fraudulent claims. According to the project, the review confirmed that the system contains no hidden backdoors and that all issuance is traceable and verifiable.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Crypto Market Review: Is Bitcoin Ready for $100,000? Shiba Inu (SHIB) Bull Market Denied Abruptly, Ethereum's (ETH) Next Key Resistances Are Clear Now - U.Today
Bitcoin's key breakout zone passed
Shiba Inu's attempt was unsuccessful
What else is needed for SHIB?
Ethereum is moving back
Ethereum has to break through
Following weeks of corrections, Bitcoin has once again tried to perform a bullish breakout after regaining the $75,000 level, indicating a
UToday4h ago
Here’s How Shiba Inu (SHIB) Price Could Explode 50%
Shiba Inu (SHIB) shows signs of potential recovery, pushing against a downward trendline. If it breaks through the $0.0000070 resistance, a 50% rally to $0.000010 is possible, indicating bullish momentum.
CaptainAltcoin6h ago
Is Shiba Inu (SHIB) Entering 'Healthy Correction' With 43% Upside Still on the Menu? - U.Today
Cryptocurrency Shiba Inu (SHIB), which had been demonstrating confident growth in recent days, gaining as much as 22% in price since March 9 at the peak, has over the past 24 hours shown a decline that already amounts to 6% from the local high reached yesterday at the $0.00000644 mark, as per
UToday12h ago
Solana vs Pepeto: Missed Shiba Inu and Dogecoin? Pepeto Could Be Your Door to the Next Winning Meme Coin – Solana Price News
If you were among those who watched Dogecoin surge to historic highs or saw Shiba Inu skyrocket while hesitating, you know the feeling all too well. Every second of delay in crypto costs money, and the market punishes hesitation faster than anything else. The solana vs pepeto debate is now
CaptainAltcoin12h ago
Shiba Inu Crypto Exchange Netflow Jumps 208% as SHIB Volatility Returns - U.Today
Shiba Inu (SHIB) faces rising sell pressure as exchange deposits surge by 208%, signaling potential profit-taking amidst ongoing volatility. Despite a recent price uptick, SHIB remains down significantly year-to-date.
UToday13h ago
