K9 Finance, Shibarium’s official Liquid Staking platform and Shiba Inu companion, has issued an ultimatum to the Shiba Inu group, and that is in response to the Shibarium bridge incident.
K9 Finance was impacted within the September 2025 Shibarium bridge exploit, which resulted within the theft of varied cryptocurrencies, together with ETH, SHIB, LEASH, ROAR, TREAT and greater than $700,000 price of K9 Finance’s KNINE tokens.
K9 Finance stated it had adopted each step requested by the Shib group relating to the Shibarium bridge hack and the method to make affected customers complete. All of the whereas, it had operated in good religion and maintained a number of personal communication channels in an effort to achieve closure.
Nevertheless, in what may be seen as a setback, K9 Finance says it had obtained no additional communication or steerage in any of its personal discussions with the Shib group in the meanwhile.
K9 Finance stated the choice to make this data public on social media was a needed step towards offering readability to its holders and making certain accountable governance.
As reported, Shima, a K9 Finance and Shiba Inu contributor, tracked the hacker’s path, linking unique hack wallets whereas making the end result public because the hacker rejected the bounty.
In response to the report, Shiba Inu developer Kaal Dhairya counseled the transfer to unravel the id of the hacker, promising to contain the FBI and requesting KuCoin’s cooperation.
January ultimatum issued
To uphold transparency and equity, the K9 Finance DAO stated it will likely be establishing a closing window for decision, ready till Jan. 6, 2026, for customers to be totally and verifiably made complete from the Shibarium bridge incident.
K9 Finance additional said that if no full restitution was supplied by this date, the DAO would formally convene and vote on its future relationship with Shibarium, together with whether or not continued enterprise on the chain stays viable for the long-term well being of its ecosystem.
K9 concludes that its assertion on X serves as its skilled discover to the group and to the Shiba Inu group as a part of its responsibility to guard its holders and shouldn’t be taken as a want for battle.
Whereas it stays open to collaboration, aligned incentives and constructive decision, K9 said its group deserved readability, finality and an outlined path ahead and promised to share additional updates as new data turns into out there.