According to CryptoPotato, Shiba Inu investors have been warned to be cautious of scams involving suspicious non-fungible tokens (NFTs) that offer SHIB rewards. A Twitter user known as 'Shib Informer' issued the warning, stating that such offers are purely scams and that following the instructions and running the code posted by the bad actors will result in wallets being drained.

The 'Shib Informer' also mentioned that some fraudsters make it appear as though prominent individuals, such as Elon Musk, are involved in these mysterious offerings. They advised people to observe the 'small details' and always 'check twice' before engaging with such projects.

Shiba Inu developer Kaal Dharyiahas has also previously alerted the community about malicious projects containing SHIB's logo or its recently launched layer-2 scaling solution, stating that wrongdoers 'unethically' include these symbols to generate personal gains. Shibarium's Marketing Strategist, known as LUCIE on Twitter, has also warned that scammers pretend to be related to the L2 solution.