As per Bijiie, K9 Finance has accused the Shiba Inu (SHIB) team of communication breakdown following the Shibarium Bridge hack in September 2025, which resulted in over $4 million in losses. K9 Finance, a liquidity staking platform on Shibarium, reported that private communication channels with the SHIB team have been discontinued, raising concerns about the project's leadership transparency. The DAO has set a January 6, 2026, deadline for full and verifiable compensation for affected users, warning of a potential vote to abandon Shibarium if the team fails to respond. The incident has intensified criticism within the Shiba Inu community, particularly regarding the lack of engagement from key developers like Shytoshi Kusama and Kaal Dhairya.
K9 Finance Accuses Shiba Inu Team of Communication Breakdown Over Bridge Hack
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Summary
K9 Finance has accused the Shiba Inu (SHIB) project team of communication breakdown after the Shibarium Bridge hack in September 2025, which caused over $4 million in losses. The staking platform reported that private channels with the SHIB team have been cut off, raising concerns about transparency. A DAO vote deadline is set for January 6, 2026, for full compensation or a potential exit from Shibarium. Key developers like Shytoshi Kusama and Kaal Dhairya have remained silent, deepening community frustration.
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