$47M Still Missing After Liquid Hack as Blockstream Barters With Alleged Thieves
Blockstream is reportedly negotiating with individuals claiming to be behind the hack of Liquid's $48 million in cryptocurrency. The attack occurred in September, and an estimated $47 million remains missing. According to Blockstream, they are working with the 'white hats' who allegedly stole the funds.
The negotiations involve a possible settlement or return of some or all of the stolen assets. Details about the discussions remain private, but it is clear that the parties involved are seeking a resolution. The hack was a significant blow to Liquid's operations and highlighted the vulnerability of cryptocurrency exchanges to cyber attacks.