Shiba Inu Developer Clarifies Wallet Hack Concerns, Warns of Potential Scams

Thursday, Aug 14, 2025 11:45 am ET1min read

Shiba Inu developer Kaal Dhairya addressed concerns about the SHIB community's Deployer 1 wallet being hacked. The wallet is not tied to critical systems, but can still be used to launch new tokens, which may be scams. The LEASH total supply recently increased by nearly 10%, contradicting the belief that its supply was fixed. Two suggestions are being considered: negotiating with the original developer or launching LEASH v2 on a new, audited contract.

Shiba Inu Developer Clarifies Wallet Hack Concerns, Warns of Potential Scams