Derived from The Crypto Basic, a top Shiba Inu developer, Kaal Dhairya, has responded to allegations that the team failed to report the Shibarium Bridge hack to authorities. Dhairya stated that the incident was reported and that federal agents had interviewed him, though he declined to disclose a case ID, citing concerns over opportunistic motives. Meanwhile, the technical recovery from the $3 million hack is nearly complete, with the Plasma Bridge partially reopened and new security measures implemented. Dhairya also introduced the Shib Owes You (SOU) framework, an NFT-based system to track and compensate affected users. The initiative requires ecosystem revenue to be prioritized for victim compensation before other allocations.
Shiba Inu Developer Addresses Hack Reporting Claims, Introduces SOU Compensation Framework
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Summary
A top Shiba Inu developer, Kaal Dhairya, has addressed claims the team failed to report the Shibarium Bridge hack, stating the incident was reported and federal agents had interviewed him. He avoided sharing a case ID, citing CFT concerns and potential opportunism. The technical recovery is nearly complete, with the Plasma Bridge partially reopened and new security measures in place. Dhairya also announced the Shib Owes You (SOU) framework, an NFT-based system to track and compensate victims. The initiative mandates that ecosystem revenue be used first for victim compensation. The SOU framework aligns with a broader compliance framework being developed by the team.
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