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Blockstream refuses ransom for stolen Liquid Network funds
The Liquid Network sidechain has resumed block production following a major security breach that allowed an attacker to mint unbacked tokens and steal Bitcoin. While the majority of the funds were returned, Blockstream has refused to pay a bounty for the remaining 600 BTC, opting instead to coordinate with law enforcement. Withdrawals from the network remain suspended as recovery efforts continue.
Youtube, Decrypt, Cointelegraph, X public reporting
Price × Evidence /Market Movement
Price & Evidence Timeline
Analysis /Evidence Base
Liquid Bitcoin sidechain operational but withdrawals remain halted post-heist
Youtube
Fact confidence: medium
Blockstream will not offer bounty for stolen Liquid Network funds
Youtube
Fact confidence: medium
Blockstream Refuses Ransom for Return of $47M in Bitcoin from Liquid Hack: 'It Is Theft'
Decrypt
Fact confidence: medium
Liquid Network resumes block production after $320M exploit
Cointelegraph
Fact confidence: medium
Liquid hacker forfeits white-hat status by exploiting and stealing funds
X
Fact confidence: medium
Liquid hacker is clearly a Bitcoiner
X
Fact confidence: medium
Liquid BTC Hack Incident Report and Restoration Timeline
X
Fact confidence: medium
Liquid hackers return most funds, network restart next
X
Fact confidence: medium
Liquid Network bug creates unauthorized Bitcoin, but user funds are safe
Youtube
Fact confidence: medium
Liquid BTC incident: hacker returns 3,400 BTC, keeps 15%
X
Fact confidence: medium