Shiba Inu Veteran Mazrael Rejects Fake Ecosystem Restart Proposal and Warns of Scam Risks

1 hour ago 2 sources neutral

Key takeaways:

  • Restart rumors aim to exploit SHIB holders via phishing, not genuine reorganization.
  • Watch official Shiba channels; misinformation could fuel short-term volatility.
  • Security risks underscore need for wallet hygiene amid community-driven token narratives.

Shiba Inu ecosystem adviser Mazrael has publicly rejected allegations that the project intends to restart its ecosystem under a new structure. The disputed reconstruction proposal was circulated online by an account named RuggRat and included sweeping claims that developers could abandon Shibarium, migrate to another blockchain, rebuild ShibaSwap through a separate platform, and avoid Shib.io because the website allegedly remains controlled by the former leadership team.

The alleged plan also suggested removing Zama and reconsidering the roles of BONE, LEASH, and TREAT across the ecosystem, alongside a complete reconstruction of governance, products, liquidity, and community infrastructure under an independent operational framework. Mazrael directly challenged the account on X, writing: 'Funny how you keep this up knowing it’s fake.' He clarified that the people behind the messages have no relationship with ShibaSwap, Shibarium, or the Zama integration.

An unofficial page called Shiba DAO, linked by RuggRat, displayed a security warning indicating that its content could include scams or potentially malicious material. Mazrael and other community voices warned that malicious pages may request private keys, recovery phrases, token approvals, or transfers presented as necessary migration procedures. SHIB holders were urged to verify important announcements carefully before connecting wallets, transferring assets, or opening links from unknown accounts, as the restart narrative remains disputed misinformation carrying possible financial and security risks.

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