diff --git a/frontend/src/component/admin/apiToken/ProjectsList/ProjectsList.test.tsx b/frontend/src/component/admin/apiToken/ProjectsList/ProjectsList.test.tsx
index 77fd1536b2..c2b717834c 100644
--- a/frontend/src/component/admin/apiToken/ProjectsList/ProjectsList.test.tsx
+++ b/frontend/src/component/admin/apiToken/ProjectsList/ProjectsList.test.tsx
@@ -1,5 +1,6 @@
 import { render } from 'utils/testRenderer';
 import { screen } from '@testing-library/react';
+import userEvent from '@testing-library/user-event';
 import { ProjectsList } from 'component/admin/apiToken/ProjectsList/ProjectsList';
 
 describe('ProjectsList', () => {
@@ -55,4 +56,58 @@ describe('ProjectsList', () => {
 
         expect(container.textContent).toEqual('*');
     });
+
+    describe('orphaned tokens', () => {
+        it('should show warning icon if it is an orphaned token', async () => {
+            render(
+                <ProjectsList
+                    projects={[]}
+                    secret='test:development.be7536c3a160ff15e3a92da45de531dd54bc1ae15d8455c0476f086b'
+                />,
+            );
+
+            const errorIcon = await screen.findByTestId('ErrorIcon');
+            expect(errorIcon).toBeInTheDocument();
+        });
+
+        it('should show tooltip with warning message if it is an orphaned token', async () => {
+            const user = userEvent.setup();
+            render(
+                <ProjectsList
+                    projects={[]}
+                    secret='test:development.be7536c3a160ff15e3a92da45de531dd54bc1ae15d8455c0476f086b'
+                />,
+            );
+
+            const errorIcon = await screen.findByTestId('ErrorIcon');
+            user.hover(errorIcon);
+
+            const tooltip = await screen.findByRole('tooltip');
+            expect(tooltip).toHaveTextContent(/orphaned token/);
+        });
+
+        it('should not show warning icon if token is in v1 format', async () => {
+            render(
+                <ProjectsList
+                    projects={[]}
+                    secret='be44368985f7fb3237c584ef86f3d6bdada42ddbd63a019d26955178'
+                />,
+            );
+
+            const errorIcon = await screen.queryByTestId('ErrorIcon');
+            expect(errorIcon).toBeNull();
+        });
+
+        it('should not show warning for wildcard tokens', async () => {
+            render(
+                <ProjectsList
+                    projects={[]}
+                    secret='*:development.be7536c3a160ff15e3a92da45de531dd54bc1ae15d8455c0476f086b'
+                />,
+            );
+
+            const errorIcon = await screen.queryByTestId('ErrorIcon');
+            expect(errorIcon).toBeNull();
+        });
+    });
 });
diff --git a/frontend/src/component/admin/apiToken/ProjectsList/ProjectsList.tsx b/frontend/src/component/admin/apiToken/ProjectsList/ProjectsList.tsx
index 905fc2b9f0..4be5daae7c 100644
--- a/frontend/src/component/admin/apiToken/ProjectsList/ProjectsList.tsx
+++ b/frontend/src/component/admin/apiToken/ProjectsList/ProjectsList.tsx
@@ -1,11 +1,13 @@
+import { Fragment, type FC } from 'react';
 import { styled } from '@mui/material';
 import { Highlighter } from 'component/common/Highlighter/Highlighter';
 import { HtmlTooltip } from 'component/common/HtmlTooltip/HtmlTooltip';
 import { LinkCell } from 'component/common/Table/cells/LinkCell/LinkCell';
 import { TextCell } from 'component/common/Table/cells/TextCell/TextCell';
 import { useSearchHighlightContext } from 'component/common/Table/SearchHighlightContext/SearchHighlightContext';
-import { Fragment, type FC } from 'react';
+import ErrorIcon from '@mui/icons-material/Error';
 import { Link } from 'react-router-dom';
+import { ConditionallyRender } from 'component/common/ConditionallyRender/ConditionallyRender';
 
 const StyledLink = styled(Link)(({ theme }) => ({
     textDecoration: 'none',
@@ -15,12 +17,28 @@ const StyledLink = styled(Link)(({ theme }) => ({
     },
 }));
 
+const StyledErrorIcon = styled(ErrorIcon)(({ theme }) => ({
+    color: theme.palette.error.main,
+    marginBottom: theme.spacing(0.5),
+    marginLeft: theme.spacing(0.5),
+}));
+
+const StyledContainer = styled('div')({
+    display: 'flex',
+    alignItems: 'center',
+});
+
 interface IProjectsListProps {
     project?: string;
     projects?: string | string[];
+    secret?: string;
 }
 
-export const ProjectsList: FC<IProjectsListProps> = ({ projects, project }) => {
+export const ProjectsList: FC<IProjectsListProps> = ({
+    projects,
+    project,
+    secret,
+}) => {
     const { searchQuery } = useSearchHighlightContext();
 
     const projectsList =
@@ -67,16 +85,36 @@ export const ProjectsList: FC<IProjectsListProps> = ({ projects, project }) => {
         return <LinkCell to={`/projects/${item}`} title={item} />;
     }
 
+    const tokenFormat = secret?.includes(':') ? 'v2' : 'v1'; // see https://docs.getunleash.io/reference/api-tokens-and-client-keys#format
+    const isWildcardToken = secret?.startsWith('*:');
+    const isOrphanedToken = tokenFormat === 'v2' && !isWildcardToken;
+
     return (
         <TextCell>
             <HtmlTooltip
-                title='ALL current and future projects'
+                title={
+                    isOrphanedToken ? (
+                        <>
+                            This is an orphaned token. All of its original
+                            projects have been deleted and it now has access to
+                            all current and future projects. You should stop
+                            using this token and delete it. It will lose access
+                            to all projects at a later date.
+                        </>
+                    ) : (
+                        'ALL current and future projects.'
+                    )
+                }
                 placement='bottom'
                 arrow
             >
-                <span>
+                <StyledContainer>
                     <Highlighter search={searchQuery}>*</Highlighter>
-                </span>
+                    <ConditionallyRender
+                        condition={isOrphanedToken}
+                        show={<StyledErrorIcon aria-label='Orphaned token' />}
+                    />
+                </StyledContainer>
             </HtmlTooltip>
         </TextCell>
     );
diff --git a/frontend/src/component/common/ApiTokenTable/useApiTokenTable.tsx b/frontend/src/component/common/ApiTokenTable/useApiTokenTable.tsx
index 54c09eac94..4012414daf 100644
--- a/frontend/src/component/common/ApiTokenTable/useApiTokenTable.tsx
+++ b/frontend/src/component/common/ApiTokenTable/useApiTokenTable.tsx
@@ -61,6 +61,7 @@ export const useApiTokenTable = (
                     <ProjectsList
                         project={props.row.original.project}
                         projects={props.row.original.projects}
+                        secret={props.row.original.secret}
                     />
                 ),
                 width: 160,