GoKawiilAttackers empty 95% of Liquid Network's federation wallet, claim white-hat intent
Blockstream's Liquid Bitcoin sidechain confirmed that hackers withdrew about 4,000 BTC—roughly 95% of its federation wallet, worth roughly $320 million—on September 6. The attackers embedded an on-chain message calling themselves 'whitehats,' asking Liquid to patch the vulnerability before they return the funds, and Liquid has since suspended transactions while shifting communication to an encrypted channel.