Liquid white hat returns 3,400 BTC to federation; PGP-encrypted exchanges with Blockstream continue
AI Market Summary
A Liquid-related security incident is evolving as a white-hat actor returned 3,400 BTC to the Liquid Federation, while encrypted PGP communications with Blockstream continue and message contents remain unknown. The partial restitution reduces immediate tail-risk versus a full loss scenario, but uncertainty persists because roughly 598.5 BTC is still held by the hacker, sustaining event-driven risk premium around Bitcoin and Liquid-linked venues.
Impact level
● Medium
Affected assets
BTC/USDT-0.92%
AI Insight · BTC/USDTAI Insight
● Neutral
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Odaily Planet Daily, citing Bitcoin News monitoring, reported that at 9:09 a.m. Pacific Time a Liquid "white hat" hacker sent 3,400 BTC back to the Liquid Federation, while communications between the parties remained active. At 9:51 a.m., the hacker published a new PGP-encrypted message addressed to Blockstream. At 10:40 a.m., Blockstream responded with an encrypted, PGP-signed message from a new address. At 11:07 a.m., the hacker spent the 1,000 satoshis attached to Blockstream's message, signaling the latest contact is part of the same ongoing exchange. The message contents have not been disclosed. The hacker is still believed to control about 598.5 BTC.
