Shiba Inu’s new recovery framework has entered a critical phase after questions emerged over a missing participant. This week, the SHIB team rolled out SOU, short for Shib Owes You, to assist users affected by last September’s Shibarium hack. However, the launch quickly drew attention after K9 Finance claimed exclusion from the claims process.
According to posts shared by K9 Finance on X, the project considers itself the largest impacted community from the Shibarium bridge exploit. The team referenced a prior message from Shiba Inu developer Kaal Dhairya. In that 2025 year end note, he expressed an intention to make affected users whole. Consequently, K9 Finance argued that its omission contradicts that earlier assurance.

The SHIB team has not publicly explained the exclusion at press time. However, K9 Finance urged affected users to reach out directly to the Shiba Inu team. Additionally, it asked its own community to stay alert while awaiting clarification. This development has shifted focus from the recovery rollout to transparency concerns.
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Earlier this year, K9 Finance announced plans to sunset its Shibarium products. According to its January statement, the DAO approved a permanent shutdown effective Feb. 25, 2026. The decision followed the September bridge exploit that disrupted operations. Moreover, K9 reminded users this week to withdraw assets from Bonecrusher before the deadline.
Although the timing overlaps with the SOU rollout, no official link confirms that the sunset decision led to exclusion. Hence, speculation continues within the community. Some observers believe operational changes may have influenced eligibility criteria. However, neither side has released detailed documentation explaining the parameters.
Meanwhile, the SHIB team described SOU as a cryptographic proof of claim recorded on Ethereum. The system allows impacted users to verify ownership and access potential payouts, donations and periodic rewards. Additionally, the initiative aims to restore trust after the exploit shook confidence in Shibarium’s infrastructure.
Lucie, a Shiba Inu team member, issued a public warning as SOU went live. According to her post on X, scammers have launched fake claim portals targeting users. She cautioned the community to use only the official portal. Moreover, she warned that fraudulent links could drain connected wallets.
The SOU rollout marks a significant step in Shiba Inu’s recovery process. However, K9 Finance’s exclusion has introduced new questions around consistency and communication. As both sides maintain public silence on specifics, the community now awaits further clarification from the SHIB team.
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The post Shiba Inu Recovery Plan Faces Scrutiny After K9 Finance Omission appeared first on 36Crypto.



BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more