Liquid Network attacker says they will return most of 4,000 BTC after bug fix

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An attacker exploited the Liquid Network for roughly 4,000 BTC and has publicly stated they will return most of the funds after a bug fix is implemented. Liquid maintainers are addressing the vulnerability and coordinating remediation efforts to recover funds and secure the network. The incident highlights significant custodial and implementation risks for federated sidechains, likely reducing user confidence in Liquid while leaving Bitcoin’s mainnet consensus unaffected.

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