Liquid Network Attacker Returns 3,400 BTC After September 6 Exploit

The attacker behind the Liquid Network exploit returned 3,400 BTC after the vulnerability attack on September 6, about 85% of the transferred assets. It still holds 598.50 BTC, worth more than $45 million, according to Odaily. Blockstream, which maintains Liquid Network, refused to pay a ransom for the remaining assets and demanded the return of the related bitcoin. The network shows 4,234.76 L-BTC in circulation and 3,632.23 BTC in reserves. The L-BTC redemption function has not yet been restored, and Sideswap said it is currently unable to redeem. Blockstream founder Adam Back said L-BTC will be backed by bitcoin reserves at a 1:1 ratio and warned holders not to sell L-BTC over the counter at a discount. Blockstream has not yet issued an announcement saying redemption is live. The attacker’s wallet has continued receiving on-chain messages and has been targeted by address poisoning attacks and scam messages using similar-looking addresses to诱uce transfers.