Shiba Inu Confirms Hack Losses At $4 Million, Offers Attacker A Deal: ‘Full Post Mortem Report’ To Follow

The Shiba Inu (CRYPTO: SHIB) team revealed on Wednesday that over $4 million in cryptocurrencies was stolen in the recent hack of its Layer-2 network, Shibarium.

Shiba Inu Ready To Pay Bounty

A total of 17 different coins were drained out, according to the official X account tied to the SHIB token,  including $1 million in Ethereum (CRYPTO: ETH), $1.3 million in SHIB, $717,000 in K9 Finance (KNINE), $680,000 in Doge Killer (LEASH) and $260,000 in ROAR.

Smaller amounts of USDC (CRYPTO: USDC), Tether (CRYPTO: USDT) and Shiba Inu Treat (TREAT) were also pilfered. Shiba Inu informed that the attacker sold their USDC and USDT to ETH, but their attempt to sell KNINE tokens was thwarted. The other tokens remain in …

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