The only currently verifiable primary-source fact about the alleged Liquid Network loss is that Blockstream, Liquid’s technical provider, published a September 9, 2026 phishing alert acknowledging a recent incident involving the Bitcoin sidechain. The alert warns about impersonators but does not state the incident date, loss amount, technical cause, transaction history, operational status or whether users were reimbursed. Widely circulated claims that roughly $320 million, or 3,996 BTC, was lost in 23 minutes and that an attacker retained about 598 BTC remain unverified. The reported figures are also internally inconsistent because 3,400 BTC returned plus 598 BTC retained equals 3,998 BTC. No reliable transaction records, attack addresses, return hashes, post-mortem, technical advisory or identified recipient has been established. Blockstream warns users not to move funds, disclose recovery phrases or PINs, respond to reimbursement and re-peg requests, or install emailed software. A CoinGecko snapshot dated September 10, 2026, showed Bitcoin at $77,182, down about 1.2% on the day, but that market data does not validate any incident-related valuation. The next key evidence would be an official Blockstream post-mortem with timing, loss accounting and root cause, alongside identified withdrawal and return transactions, a reserve baseline, and any Elements or SideSwap advisory.