‘Return the Bitcoin’: Blockstream Draws Line After 4,000 BTC Hack

A group that drained nearly 4,000 BTC from Blockstream’s Liquid Network returned 3,400 BTC, kept about 598.5 BTC, demanded a 10% bounty, and warned L-BTC holders could face a 15% loss. Now Blockstream has answered with an unusually direct ultimatum: It will not pay. The company says taking the bitcoin was theft, not white-hat security […]
Key Takeaways
- A group that drained nearly 4,000 BTC from Blockstream’s Liquid Network returned 3,400 BTC, kept about 598.5 BTC, demanded a 10% bounty, and warned L-BTC holders could face a 15% loss.
- Now Blockstream has answered with an unusually direct ultimatum: It will not pay.
- The company says taking the bitcoin was theft, not white-hat security […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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