The beef between Blockstream and this supposed white-hat hacker is heating up fast 🖤 with Samson Mow dropping fresh updates on the drama.
Blockstream Security Fight Turns Spooky 😈
This hacker is calling out massive security fails at the company while saying they only put aside 1.5 million dollars or maybe zero to guard 5 billion in assets 👀. Calling it total security neglect the hacker wants a 10 percent bounty paid straight from Blockstream funds or else Liquid users could lose up to 15 percent 💸. They also slammed the team as delusional greedy and arrogant then promised to drop the private key for their chats later 🔥.
Liquid stays paused rn while fixes roll out for the chain split and everyone preps a safe restart 🕸️. Users got warned not to send any Bitcoin to those peg-in spots until things are live again. This all kicked off after around 4000 BTC worth 320 million dollars got pulled from the Federation wallet back on September 6. The group first acted like white-hats saying they would return everything post fix then sent back 3400 BTC after patches but kept around 598 units.
Fallout From The Bounty Demand 🔥
Mow hit back in another post warning these hackers might not see how bad this could get for them ⚠️. He called the PGP talks a courtesy and questioned if admitting the take then demanding payment was smart at all. The ex strategy chief noted they left more traces than expected and returning cash does not mean walking free 💀.
As a white hat the road only widens as a black hat you are forever on edge. Dreaming of walking away with assets unscathed is nothing but delusion. Some doors once opened can never be closed again.
Just another echo from the void by iconofsin.eth 💖