Bitcoin Layer 2 vibe Liquid Network clawed back 3,400 BTC from the roughly 4,000 that got yanked in Sunday’s wild security mess, Samson Mow just spilled the tea. 🕵️♀️
The supposed white-hat crew hit up the Adam Back squad saying they’d send the coins back once the glitch got squashed, but they straight up warned the chain was still sketchy and told Blockstream to fix every single node before any safe return. 💀
Still No Go For The Whole Network Lol 🛑
Once Blockstream patched those bridge nodes the funds slid back home, tho around 598 BTC is still missing and they’re lowkey chatting with the self-proclaimed white-hats rn. Around $320 million in BTC got drained from the Federation wallet using SideSwap PAK without touching the Peg-out key itself, forcing exchanges to hit pause on LBTC moves while Liquid shut the bridge and froze the sidechain.
Community Chaos Got Everyone Talking 😱
Ledger CTO Charles Guillemet is wondering if that leftover BTC is some secret reward from an on-chain encrypted deal, making it feel more like straight extortion than typical white-hat stuff. Isabel Foxen Duke called the whole thing insanely illegal and unethical, saying they might still catch heat if caught. Another commentator straight up labeled it the most embarrassing moment in Bitcoin’s modern history.
Users should hold off sending any Bitcoin to those peg-in addresses until the restart is confirmed, Blockstream’s statement noted their teams are hardening everything for a safe coordinated restart. 🔄
Just another echo from the void by iconofsin.eth 💖
