What happened
After the return of 3 400 BTC, approximately 598,5 BTC remains with the holder.
Why it matters
The return of 3 400 BTC reduces the scale of the ongoing loss for Liquid; however, approximately 598,5 BTC remain at an external address, leaving the situation unresolved.
A self-described "white hat" party returned 3 400 BTC to the Liquid Network federated wallet. According to published reports, this occurred on Monday after Blockstream announced it had deployed patches to bridge nodes.
Approximately 598,5 BTC, or roughly 47 million USD, remains at the holder's address. A second source describes the returned amount as 85% bitcoins withdrawn from the federated wallet following the security incident.
For Liquid, this signifies a partial recovery of control over assets but not a resolution of the situation. Available materials lack details regarding the initial incident, the identity of the holder, or timelines for the potential return of the remainder.
Confirmed facts
- A party identifying itself as a "white hat" returned 3 400 BTC to the Liquid Network federated wallet.
- The return took place on Monday following Blockstream's statement regarding fixes to bridge nodes.
- Approximately 598,5 BTC, roughly 47 million USD, remains at the holder's address.
- Cointelegraph reported the return of 85% bitcoins withdrawn from the federated wallet after the security incident.
Context
Sources are presented as independent publications with metadata and brief synopses rather than primary statements or full texts. Independent verification of the claims in the provided package is absent.
What remains unknown
- How exactly did the initial withdrawal of bitcoins from the federated wallet occur?
- Who controls the address where 598,5 BTC? remains?
- Will the remaining volume be returned?
- Has Blockstream officially confirmed the details of the bridge node fix?
Editorial context
Confidence: medium
The next observable signal will be confirmation of further movement of the remaining 598,5 BTC or an official description of the incident and fixes. Until then, asset recovery cannot be considered complete; uncertainty persists due to the absence of a primary source in the provided materials.