White-Hat Hackers Drain $320M From Shuttered Crypto Exchange Liquid

Purported white-hat hackers have withdrawn a substantial amount of Bitcoin from the now-defunct cryptocurrency exchange Liquid. According to reports, the hackers pulled out $320 million in BTC from the platform.

The news comes after Liquid announced its closure due to a series of hacks that compromised user funds. The exchange had been struggling to recover from these incidents and eventually decided to shut down operations entirely.

It is unclear whether the withdrawal was carried out by the same group responsible for the previous hacks or if it's another entity attempting to exploit the situation.