The Shiba Inu team is facing criticism for failing to report the Shibarium Bridge hack to law enforcement, nearly three months after the $3 million exploit. Shane Cook, founder of Pulse Digital Marketing, highlighted the team's inaction after on-chain analyst Shima traced the hacker's funds through Tornado Cash to 45 KuCoin addresses. Despite Shima sharing these findings, the Shiba Inu team did not file an official report.
KuCoin has refused to freeze the funds without a formal law-enforcement case number, leaving victims to pursue the case independently. Cook's criticism underscores the frustration among affected parties, as the lack of an official report hampers efforts to recover the stolen funds.
Shiba Inu Team Criticized for Not Reporting Shibarium Hack to Authorities
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