Shiba Inu Development Team Unveils Shib Owes You Initiative
This week, the Shiba Inu development team unveiled a long-anticipated initiative known as the Shib Owes You (SOU), aimed at providing assistance to users who fell victim to the Shibarium hack last September.
Controversy Surrounding K9 Finance Exclusion
However, the new program has sparked controversy following claims from K9 Finance, which asserts that its community has been unfairly excluded from the SOU NFT claims process. K9 Finance identifies itself as the community most severely impacted by the breach, referencing a prior statement from developer Kaal Dhairya expressing an intent to compensate all affected users.
“Despite this, they were not included in the SOU, raising eyebrows among advocates for the community.”
The rationale behind K9 Finance’s exclusion from the SOU has yet to be disclosed. Meanwhile, K9 Finance encourages individuals affected by the Shibarium hack to reach out directly to the Shiba Inu team for clarity.
K9 Finance’s Future and User Advisory
This move follows K9 Finance’s recent announcement about the impending shutdown of its Shibarium products, scheduled for February 25, 2026, a decision that may or may not be linked to their exclusion from the SOU initiative. In line with these developments, users have been reminded to withdraw their assets from the Bonecrusher platform by the aforementioned date.
Details of the SOU Program
The SOU program aims to provide restitution and additional support to users who experienced losses due to the hack, which involved payouts, donations, and certain rewards, all documented through cryptographic proofs on the Ethereum blockchain.
As the SOU initiative moves forward, Lucie, a member of the Shiba Inu team, has issued an important advisory warning against the presence of fraudulent SOU websites designed to exploit unsuspecting users and compromise their wallets. Users are urged to access only the official SOU portal to ensure their safety.
