White-Hat Hacker Returns $268M in Stolen Liquid Network Bitcoins
A white-hat hacker exploited the SideSwap PAK on the Liquid Network, making off with 3998.5 BTC ($316M) in a brazen withdrawal.
However, after on-chain coordination, the hacker returned 3400 BTC ($268M), leaving behind 598.5 BTC ($47.2M) as a bounty for themselves.
The incident has led to exchanges pausing LBTC flows, and traders are now refining their price prediction models in light of this event.