Liquid Hackers Promise to Return Most of $320M Heist

A group of hackers who drained nearly $320 million from the Liquid Network have offered to return 'most' of the approximately 4,000 BTC they withdrew.

The unusual pledge was made during an on-chain conversation between the unidentified actors and Blockstream.

The hackers, described by Liquid as 'purported' white-hat hackers, initially withdrew almost all of the Bitcoin pegged into the sidechain.

Liquid subsequently disabled its bridge nodes and paused the network, but the hackers have offered to return most of the funds once a bug in the system is fixed.