Blockstream Refuses Ransom Demand From Hackers Holding Nearly 600 BTC From Liquid Exploit
Updated — view changes (3)
· body · New information from a source
Blockstream said it will not meet the ransom demand from attackers who exploited the Liquid sidechain and obtained nearly 600 BTC, according to Cointelegraph.The company said it will work with law enforcement, exchanges and forensic specialists to recover the funds if the hackers do not return them voluntarily.The Block reported that Liquid has resumed transactions following the exploit, though peg-outs remain disabled during recovery efforts.- Blockstream has rejected a ransom demand from hackers still holding nearly 600 BTC stolen in the Liquid exploit, according to Cointelegraph.
- The company said it will work with law enforcement, exchanges and forensic specialists to try to recover the funds if the attackers do not return them voluntarily, Cointelegraph reported.
- The Block reported that Liquid has resumed transactions following the exploit, though peg-outs remain disabled while recovery efforts continue.
- The 600 BTC figure represents funds still outstanding from the breach, per both outlets.
- Neither source detailed the size of the ransom demand or identified the attackers.
- Blockstream's public refusal signals it intends to pursue the stolen Bitcoin through investigative and legal channels rather than negotiate directly with the hackers.
· summary · New information from a source
Blockstream declined to pay a ransom after hackers stole nearly 600 BTC from the Liquid sidechain.- Blockstream says it won't pay a ransom to hackers holding almost 600 BTC from the Liquid exploit, opting instead to pursue recovery through law enforcement and forensic firms.
· headline · New information from a source
Blockstream rejects ransom demand as Liquid exploit hackers retain nearly 600 BTC- Blockstream Refuses Ransom Demand From Hackers Holding Nearly 600 BTC From Liquid Exploit
Every change made to this story after publication is recorded here automatically. A factual error gets a correction as well, on the corrections page.
Blockstream has rejected a ransom demand from hackers still holding nearly 600 BTC stolen in the Liquid exploit, according to Cointelegraph. The company said it will work with law enforcement, exchanges and forensic specialists to try to recover the funds if the attackers do not return them voluntarily, Cointelegraph reported.
The Block reported that Liquid has resumed transactions following the exploit, though peg-outs remain disabled while recovery efforts continue. The 600 BTC figure represents funds still outstanding from the breach, per both outlets.
Neither source detailed the size of the ransom demand or identified the attackers. Blockstream’s public refusal signals it intends to pursue the stolen Bitcoin through investigative and legal channels rather than negotiate directly with the hackers.
Sources: Cointelegraph, The Block
This article is for information only and is not financial advice.
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Story so far 2 updates
- flashBlockstream rejects ransom demand as Liquid exploit hackers retain nearly 600 BTCfirst reported · 2 sourcescointelegraph.com · theblock.co
- storyBlockstream Refuses Ransom Demand From Hackers Holding Nearly 600 BTC From Liquid Exploitupdate · 2 sourcescointelegraph.com · theblock.co
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