Odaily Planet Daily reports, according to Bitcoin News monitoring, the white-hat hacker group behind the Liquid exploit incident accused Blockstream of allocating only $1.5 million—or possibly no funds at all—to secure assets worth $5 billion. In a new on-chain message, the group demanded that Blockstream pay a bounty equivalent to 10% of the affected assets using its own funds, warning that refusal would result in a 15% loss for holders. The group also stated it would disclose the private key used to decrypt prior communications with Blockstream. Previously, the group returned 3,400 BTC to the Liquid Federation, with approximately 600 BTC still outstanding.
White hat hackers demand a 10% bounty from Blockstream for $50 billion in liquid assets.
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Summary
White hat hackers are demanding a 10% bounty from Blockstream on over $50 billion in Liquid assets, citing non-compliance with CFT regulations. The group alleges that Blockstream invested minimal resources to secure risk-exposed assets and warns of a 15% loss for holders if their demands are ignored. The hackers also stated they will release a private key associated with Blockstream. Previously, they returned 3,400 BTC to the Liquid Federation, leaving approximately 600 BTC unreturned.
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