Mickey Friedstrom V6tf
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Mickey Friedstrom V6tf
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💸 The heist that ended with a tip.
Liquid Network lost ~4,000 BTC ($320M) to an Elements consensus bug. Phantom L-BTC minted → SideSwap peg-out → 95% of the Federation reserve drained. Network paused.
Days later: 3,400 BTC returned (~85%).
Kept: 598.5 BTC (~$47M). Calls it a bounty. 😬
Bitcoin L1: safe. Trusted federations: apparently not.
#LiquidNetworkSuffers$320MExploit #UsCanadaTradeWar #CanadaTariffsOnUSTakeEffect #USIranTradeTankerStrikesEscalate #ZcashRises45%WeeklyToHighestSince2016
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