Blockstream Rejects Bounty Demand From Liquid Hackers

Blockstream has rejected a 10% bounty demand from the group behind the Liquid Network breach, with 598 BTC still unreturned.

The hackers' proposal, outlined in an on-chain message shared by Samson Mow, called for Blockstream to fund a 10% bounty and claimed that without an agreement, Liquid holders could face a 15% loss.

Blockstream argues that withholding assets obtained without authorization does not constitute legitimate security research, distinguishing responsible disclosure from taking funds without permission.

The company is now asking the hackers to return what remains of the stolen BTC without attaching any financial conditions.

If those coins are withheld, Blockstream plans to involve law enforcement and seek assistance from exchanges, service providers, and blockchain investigators to track where the Bitcoin moves and determine who controls it.