L-BTC Exploit Leaves Over $51 Million Held by Attacker

L-BTC redemptions remain suspended as the attacker holds over $51 million in Bitcoin. The attacker exploited L-BTC on September 6, transferring nearly 4,000 Bitcoin during the incident.

According to reports, the attacker returned about 3,400 Bitcoin, leaving a remaining balance of 598.50 BTC valued at more than $51 million.

Bull Bitcoin has temporarily closed inbound Lightning payments due to its inventory depending on the redemption process for balancing.

The company expects redemption services to resume within 30 days but notes that timeline is not guaranteed.