K9 Finance, Shibarium’s official Liquid Staking platform and Shiba Inu accomplice, has issued an ultimatum to the Shiba Inu staff, 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 assorted cryptocurrencies, together with ETH, SHIB, LEASH, ROAR, TREAT and greater than $700,000 value of K9 Finance’s KNINE tokens.
K9 Finance stated it had adopted each step requested by the Shib staff concerning 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 succeed in closure.
Nevertheless, in what is likely to be seen as a setback, K9 Finance says it had acquired no additional communication or steerage in any of its personal discussions with the Shib staff for the time being.
K9 Finance stated the choice to make this data public on social media was a mandatory step towards offering readability to its holders and making certain accountable governance.
Over the previous a number of months, K9 Finance DAO has adopted each step requested by the Shib staff concerning the Shibarium bridge hack and the method to make affected customers complete. All through this era, we’ve got operated in good religion and maintained a number of personal communication…
— K9 Finance DAO (@K9finance) December 11, 2025
As reported, Shima, a K9 Finance and Shiba Inu contributor, tracked the hacker’s path, linking unique hack wallets whereas making the 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 will probably be establishing a last window for decision, ready till Jan. 6, 2026, for customers to be absolutely and verifiably made complete from the Shibarium bridge incident.
K9 Finance additional acknowledged 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 neighborhood and to the Shiba Inu staff as a part of its responsibility to guard its holders and shouldn’t be taken as a need for battle.
Whereas it stays open to collaboration, aligned incentives and constructive decision, K9 acknowledged its neighborhood deserved readability, finality and an outlined path ahead and promised to share additional updates as new data turns into obtainable.
