Liquid white-hat hacker promises most BTC back after vulnerability fix, following 4,000-BTC transfer

  • White-hat hacker communicated with Blockstream over funds moved from Liquid Network.
  • About 4,000 BTC was transferred from Liquid Network by the hacker.
  • The hacker promised to return most BTC after the vulnerability is fixed.

A white-hat hacker who moved about 4,000 BTC from Liquid Network (a Bitcoin sidechain) has communicated with Blockstream through OP_RETURN (embedded blockchain data) messages and PGP-encrypted messages. The hacker has promised to return most of the Bitcoin after the vulnerability is fixed, according to on-chain analyst Alex Thorn. The exchanges mark an unusual effort to negotiate the return of funds while a security flaw remains unresolved.

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