As of September 19, 2025, the Shiba Inu team responded to a large-scale hack of the Shibarium bridge, resulting in the hacker stealing crypto assets worth $2.4 million. The malicious actor used a flash loan attack, gaining control over most of the validator keys and withdrew assets, including $ETH and $SHIB . In response, the developers offered the hacker a reward of 50 $ETH (approximately $229,000) for the return of the stolen funds. The reward is held in an escrow contract backed by K9 Finance, and the hacker must provide a detailed report on the attack, including the method of access and security recommendations.
To receive the reward, the attacker must return the tokens, including SHIB, ETH, LEASH, and others, and cease their movement. If the conditions are met, the team promises not to pursue him legally. Additionally, K9 Finance has offered 5 ETH for the return of frozen KNINE tokens worth $700,000. The bridge operation is suspended, and the assets have been transferred to a secure wallet.
Experts believe that the hack may have occurred due to the compromise of developers' servers or devices. This situation highlights the vulnerability of infrastructure and serves as a reminder of the need to strengthen security in DeFi.
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