Blockstream Refuses Ransom Demand After Bitcoin Heist
The Blockstream team has announced that they will not pay ransom to hackers who stole Bitcoin from Liquid Network. The company claims that holding onto the stolen funds is a form of theft and rejects the attackers' claim of white-hat hacking.
Initially, almost 4000 BTC was stolen from Liquid Network. However, the attackers returned 3400 BTC, leaving around 598.5 BTC with them.
Blockstream intends to involve law enforcement, exchanges, and blockchain investigators in recovering the remaining funds.