Overview
- Lead developer Kaal Dhairya said he has been interviewed by multiple federal agents regarding the hack, with the official process ongoing.
- Shibarium’s Plasma Bridge has been relaunched with blacklisting, a seven‑day withdrawal delay and hardened contracts, and more than 100 critical contracts were moved to hardware custody under Hexens review.
- The SOU system is not live, its minting, payouts, donations and transfers have been audited, and users are being warned to avoid fake refund portals.
- Under SOU, each affected user will receive a tradable NFT claim that updates as repayments or donations occur, with options to merge, split or transfer for liquidity.
- Dhairya plans to pause non‑revenue initiatives and may revisit tokenomics to route cash flow into repayments, alongside work to decouple the bridge from validators to support decentralization.