Blockstream refuses ransom demand after recovering 85% of stolen BTC from Liquid Network exploit
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Blockstream reportedly recovered approximately 85% of the Bitcoin stolen in the Liquid Network exploit and rejected the attacker’s ransom demand. The recovery limits the financial impact of the incident, while the refusal signals that Blockstream will not negotiate over funds tied to the hack. The episode nevertheless highlights ongoing security and custody risks for Bitcoin sidechains and related infrastructure.
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