Liquid Network Pauses After 4,000 BTC Worth $320M Pulled in White-Hat Incident

1 month ago 9

Rommie Analytics

Key Takeaways:

Around 4,000 BTC valued at approximately $320 million was removed from Liquid’s Federation wallet.
Liquid says the funds were created through an Elements software bug, not a compromised SideSwap key.
The actors say they will return most of the Bitcoin after the vulnerability is patched across Liquid nodes.

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