🚨 BLOCKSTREAM REFUSES RANSOM AS 598.5 $BTC REMAINS IN EXPLOITER HANDS! 🔍
Following the Liquid Network exploit involving roughly 4,000 $BTC , the attacker returned 3,400 coins while withholding 598.5 $BTC as a demanded 10% bug bounty. 🏦 Blockstream has firmly refused negotiation, drawing a clear line against extortion on-chain. 🔍
From an institutional structure perspective, unrecovered funds sitting in active exploiter wallets create a localized overhang risk on order books. 📊 Market participants are monitoring these specific UTXO clusters closely for potential liquidity sweeps or distribution attempts. 💡
💬 How do you see this refusal impacting institutional confidence in sidechain security? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTC #Blockstream #LiquidNetwork #OnChain #Crypto
🛡️ ⚖️
Following the Liquid Network exploit involving roughly 4,000 $BTC , the attacker returned 3,400 coins while withholding 598.5 $BTC as a demanded 10% bug bounty. 🏦 Blockstream has firmly refused negotiation, drawing a clear line against extortion on-chain. 🔍
From an institutional structure perspective, unrecovered funds sitting in active exploiter wallets create a localized overhang risk on order books. 📊 Market participants are monitoring these specific UTXO clusters closely for potential liquidity sweeps or distribution attempts. 💡
💬 How do you see this refusal impacting institutional confidence in sidechain security? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTC #Blockstream #LiquidNetwork #OnChain #Crypto
🛡️ ⚖️
