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September 23, 2025Coinpaper logoCoinpaper

Shibarium Exploiter Dumps 2,057B $BAD for $13.7K in ETH Swap

The Shibarium Bridge exploiter has sold the remaining of their $BAD tokens in a significant event in the history of the Shiba Inu ￰0￱ relocation was verified when blockchain data showed a swap of over 2,057 billion BAD which is worth about $13,759 to about 3.19 ETH worth about $13,407. The sale occurred on September 22, 2025, at 02:36 UTC, signaling the complete clearance of the attacker’s BAD ￰1￱ and President of Lightspeed Crypto Services, drew attention to this decisive ￰2￱ after liquidating the BAD tokens, the exploiter moved all 3.2 ETH gained from the sale into the wallet address 0x45b…0DF2a. This address has been central to the systematic sell-off activity since the September 12 ￰3￱ Hack: Wallet Liquidations and Asset Holdings The Shibarium Bridge hack , carried out on September 12, led to losses exceeding $4 million in stolen ￰4￱ included SHIB, ETH, ROAR, and BAD ￰5￱ the exploit, the attacker has been offloading assets in phases through MetaMask transactions, according to both on-chain data and statements from Shiba Inu developer Kaal ￰6￱ September 20, the wallet liquidated 1.01 billion SHIB for 2.90 ETH, valued at about $12,107.

The following day, another 3 billion SHIB was swapped for 8.64 ￰7￱ exploiter also sold 1,000 LEASH tokens for 3.46 ETH, further demonstrating an ongoing liquidation ￰8￱ press time, the primary wallet, 0x45b…0DF2a, holds about 51.16 ETH, worth roughly $213,515, and 4,746 LEASH tokens, valued at $52,255. A second linked wallet, 0x3B7…511A8, retains around 3,630 LEASH tokens, worth nearly $40,075. Additional assets are spread across other addresses controlled by the ￰9￱ Inu’s Response and Security Push Shiba Inu team has not been ￰10￱ an attempt to recover funds, the developers offered a 5 ETH bounty, worth around $23,000 , with a 30-day deadline.

However, the attackers declined the reward and continued selling their stolen tokens for ￰11￱ firms Hexens, Seal 911, and PeckShield have joined internal developers in the ￰12￱ focus is to uncover vulnerabilities, restore network stability, and secure user ￰13￱ part of immediate containment, the Shibarium Bridge has been suspended until further ￰14￱ to lead developer Dhairya , the project remains committed to protecting the ￰15￱ stressed that safeguarding user funds and strengthening network security remain the top priorities moving forward.

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