Liquid Hackers Return 3400 BTC Amid Crypto Market Flux
Liquid Network hackers have returned approximately 3400 BTC ($315.36M) to the federation wallet, leaving behind about 598.5 BTC ($47.38M). This is a significant development in the ongoing saga of the hacked funds.
The returned amount represents nearly 85% of the roughly 4000 BTC that was siphoned from the federation wallet by the hackers. The consolidation of funds on-chain was facilitated with a whitehat message, which has helped to stabilize the situation.