Liquid Hackers Return $270M in Bitcoin After Swiping $320 Million
In briefThe actors behind Liquids 4,000 BTC security incident returned 3,400 BTC to the federation wallet.The transfer followed a signed message from Blockstream saying Liquids bridge nodes had been patched.Nearly 600 BTC remains outstanding, and Liquid has not announced when normal operations will resume. The self-proclaimed “white hat hackers” behind the withdrawal of roughly 4,000 BTC from Liquid Network returned 3,400 BTC, worth around $269.2 million, to the sidechains federation wallet Monday, recovering about 85% of the funds. Despite the return, approximately 598.5 BTC, worth about $47 million, remains in the address linked to the withdrawal. Myriad: Bitcoins next price move? Click to make your prediction. The incident began Sunday when a customer sent 4,000 L-BTC to SideSwaps peg-out service. The actors later called themselves “whitehats”—ethical hackers who identify security flaws to help organizations fix them—in a Bitcoin transaction message. Ledger Chief Technology Officer Charles Guillemet remained skeptical of the actors white-hat claim after most of the funds were returned. “So, 3,400 BTC were refunded,” Guillemet wrote on X. “The ‘white hats’ still hold 600 BTC. If this was ever a negotiated reward under an encrypted contract signed on-chain, it looks more like extortion than white-hat hacking!” Liquid disabled its bridge nodes after the withdrawal and asked









