K9 Finance Considers Withdrawing from Shibarium
K9 Finance's Warning: K9 Finance has publicly warned the Shiba Inu team, stating it will wait until January 6, 2026, for full compensation related to the Shibarium bridge exploit before deciding on its future involvement with the Layer 2 network.
Losses from the Exploit: The Shibarium bridge hack in September 2025 resulted in K9 Finance losing over $700,000 in its own tokens and other cryptocurrencies, prompting the platform to seek transparency after exhausting private communication options with the Shiba Inu team.
Firm Deadline for Compensation: K9 Finance has set a firm deadline for compensation, emphasizing that partial restitution will not be acceptable, and if unmet, a vote will be held to determine the future of its operations on Shibarium.
Potential Severance of Ties: The ongoing tensions and lack of resolution between K9 Finance and the Shiba Inu team could lead to a complete severance of ties, impacting the long-term health of the ecosystem.
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