Liquid Network recovers 3,400 of 4,000 BTC taken in security incident

  • Liquid Network resumed block production and on-chain transfers after its security incident.
  • About 3,400 of approximately 4,000 taken BTC returned to alliance reserves; 600 remains unrecovered.
  • Peg-out redemptions remain suspended pending software updates, testing and an independent security review.

Liquid Network has restored normal block production and on-chain transfers, including LBTC, since Sept. 10 following a network security incident. About 3,400 of the roughly 4,000 BTC taken during the incident has returned to the alliance reserve, while approximately 600 BTC remains unrecovered. Peg-out redemptions, which convert LBTC back into BTC, remain suspended as Liquid works with alliance members and partners on a security recovery plan. The operation will resume only after Liquid confirms full 1:1 LBTC-to-BTC backing and completes software updates, testing and an independent security review. A detailed plan and timetable will be announced separately.

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