As reported by Bijié Wǎng, K9 Finance has warned that it will cease support for Shiba Inu's Shibarium network if the SHIB team fails to compensate victims of a $24 million hack in September. K9 Finance has set a final deadline of January 6, 2026, for the SHIB team to resolve the issue. The company stated it has not received any communication or guidance from the SHIB team since the attack. If K9 Finance withdraws, Shibarium could face severe challenges. SHIB's token price has already dropped significantly, and further declines are possible. The SHIB team, including lead developer Shinsuke Ashibe, has yet to respond publicly.
K9 Finance Threatens to Withdraw Support from Shiba Inu's Shibarium Over Compensation Deadline
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Summary
K9 Finance has warned it may drop support for Shiba Inu’s Shibarium if the SHIB team fails to address the $24 million hack by January 6, 2026. The firm says it has heard nothing from the team since the attack. A withdrawal could hurt Shibarium’s support level. SHIB’s price has already fallen sharply, and more losses are possible. The SHIB team, including Shinsuke Ashibe, has not commented publicly. Altcoins to watch may include SHIB as the situation unfolds.
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