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Hackers drain $320 million in Bitcoin from Liquid Network, return funds after patch
In a significant security breach, hackers drained approximately 4,000 BTC (around $320 million) from the Liquid Network's federation wallet. Identifying as white-hat actors, they communicated with Liquid's team, highlighting a vulnerability and promising to return the funds once the issue was addressed. Following a patch, 3,400 BTC were returned, with 598 BTC still unaccounted for.
Key points
- Hackers drain $320 million in Bitcoin from Liquid Network, return funds after patch
- Liquid Network halts new transactions after 'nice guy' hackers steal nearly all its Bitcoin
- Singapore man pleads guilty to orchestrating $240 million bitcoin theft from DC resident
Sources
- Hackers drain $320 million in Bitcoin from Liquid Network, emptying roughly 95% of federation wallet — attackers claim they’re the ‘good guys’ and will return ...Tom's Hardware · September 8, 2026
- Liquid Network halts new transactions after 'nice guy' hackers steal nearly all its Bitcoin — but then return most of it after a patch is issuedTechRadar · September 8, 2026
- Singapore man pleads guilty to orchestrating $240 million bitcoin theft from DC residentAssociated Press · September 8, 2026
AI-generated from public news sources. Not financial advice.
