50 ETH or Nothing, Shibarium Hacker Rejects Bounty Offer

On Nov 20, 2025 at 1:05 pm UTC by · 2 mins read

Shibarium hacker has requested that the platform pay 50 ETH, worth approximately $150,000, as a bounty reward.

The hacker behind the exploit on Shibarium, the Layer-2 scaling solution of Shiba Inu SHIB $0.000006 24h volatility: 5.2% Market cap: $3.63 B Vol. 24h: $102.54 M , has demanded a bounty reward of 50 Ethereum ETH $1 948 24h volatility: 2.0% Market cap: $234.89 B Vol. 24h: $10.23 B .

Based on ETH’s current market price, the hacker’s request is worth over $150,000. In an update on X, Shibarium Network noted that the earlier bounty offer of 25 ETH “is now decaying every day until the end of the claim period arrives.”

Shibarium Hacker Negotiates Bounty Offer

According to Shibarium Network, the hacker behind the platform’s exploit has refused to take anything less than 50 ETH as a bounty.

The protocol believes that the bad actor is out to cause harm to the ecosystem and its associated projects. Unfortunately, many projects like Roaring Kitty, Bad Idea Ai, and LTD have been affected by the attack.

“Every team that worked hard to build on Shibarium that was impacted by this event deserves a positive outcome here in the end, and we had hoped this would be one we could all share,” Shibarium Network shared in a recent post on X.

The team has made multiple offers to the hacker, including a “final offer” of 25 ETH. MRShimamoto on X believed the exploit perpetrator would accept it, but the latest request from the Shibarium hacker suggests otherwise.

Shibarium Hacker Offloads Loot

The attack on the Shibarium bridge happened back in September, with security firm PerkShield first spotting suspicious activity.

Upon investigation, it was discovered that the attacker leveraged a flash loan to acquire the 4.6 million BONE, but Shiba Inu immediately froze the tokens.

The Shibarium team offered the attacker a Whitehat bounty reward and even promised to leave out legal charges if they returned the funds before a stipulated time.

Instead of returning the funds, the hacker offloaded the siphoned funds, as spotted by Christopher Johnson, President of Lightspeed Crypto Services and advisor to the Bad Idea AI (BAD) project.

Since then, there have been several back-and-forths, and it remains unclear whether Shibarium will meet the hacker’s latest demands.

Share:

Related Articles

Ethereum Foundation Partners With SEAL to Combat Wallet Drainers

By February 10th, 2026

Ethereum Foundation Partners With SEAL to Fight Wallet Drainers

Robert Kiyosaki Sells Bitcoin and Gold as Crypto Market Loses $750B

By February 6th, 2026

Since Oct. 10, 2025, Bitcoin’s price has fallen about 44%, but US spot Bitcoin ETFs have reduced their BTC holdings by only 6.6%, showing major strength.

Ethereum’s Vitalik Buterin Says No More Copy-Paste EVM Projects Needed

By February 5th, 2026

Ethereum co-founder Vitalik Buterin slammed the rise of copy-paste EVM Chains with minimal innovation, which stifles progress.

Exit mobile version