📢 They’re still haggling onchain.
Liquid attacker sent back 3,400 #BTC. Still holding 598.49 BTC (15%).
Return tx: mempool.space/tx/a6d697a2526…
That 15% is the attacker’s cut, taken unilaterally. Team has not signed off on it.
~7 hours after the refund, the project pinged the
⚠️ Exploit breakdown:
Sept 6: @Liquid_BTC got hit through an Elements consensus / asset-validation bug. Attacker minted ~4,000 unbacked L-BTC, then used SideSwap’s normal peg-out flow to cash out 3,996.01834922 BTC from the Liquid Federation reserve.
They called it whitehat and
