CoinDesk

Liquid Network white hats return 3,400 of 4,000 stolen BTC

The operators behind the breach of Blockstream's Liquid Network — who framed the drain as a "white hat" intervention — have now returned 3,400 BTC of the 4,000 bitcoin (roughly $320 million) they took, per CoinDesk. About **598 bitcoin:native, worth roughly $47 million, is still outstanding as Blockstream continues negotiations and the network remains paused.

  • The exploit paused all transactions on the Bitcoin settlement sidechain while the team investigated the software vulnerability.
  • The operating group has said it will return the rest of the funds once the underlying bug is patched.

Sources

CoinDesk

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