$47M Still Missing After Liquid Hack as Blockstream Bargains With 'White Hats'
60-second summary
Hackers have returned 3,400 of the roughly 4,000 BTC stolen in the Liquid network breach, leaving about 600 BTC—worth around $47 million—still missing, and their “white‑hat” label faces skepticism. The partial restitution highlights ongoing security gaps in sidechain protocols, prompting exchanges and investors to reassess risk exposure while regulators watch for tighter compliance measures.
The hackers have returned 3,400 of the roughly 4,000 BTC drained from the sidechain, but about 600 BTC remains outstanding—and some doubt the actors' "white hat" claims.