Blockstream Negotiates With White Hats Over Missing $47M Liquid Hack Funds

$47M Still Missing After Liquid Hack as Blockstream Bargains With ‘White Hats’

$47 million remains missing following a hack involving Liquid, while Blockstream is negotiating with individuals described as “white hats” in an effort to address the situation.

The limited information available does not specify when the hack occurred, how the funds were taken, or the terms of the discussions. It also does not indicate whether any of the missing assets have been recovered.

The incident highlights the challenges involved in responding to major crypto security breaches, where recovery efforts can depend on tracing funds and negotiating with parties who may have access to them.

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