White Hat Group in Liquid Incident Demands 10% Bug Bounty From Blockstream

White Hat Group in Liquid Incident Demands 10% Bug Bounty From Blockstream

N
News Editor
2026-09-09 12:11:50
A white hat hacker group tied to the Liquid exploit incident has accused Blockstream of spending only $1.5 million, or possibly no money at all, to secure assets worth $5 billion, according to monitoring cited by Bitcoin News. In a new on-chain message, the group said Blockstream should use its own funds to pay a bug bounty equal to 10% of the assets involved. It also warned that if Blockstream refuses to pay, holders would face a 15% loss. The group added that it plans to release the private key needed to decrypt earlier conversations with Blockstream. Previously, the group returned 3,400 BTC to the Liquid Federation, while about 600 BTC remain outstanding.

According to monitoring cited by Bitcoin News, the white hat hacker group behind the Liquid exploit incident has accused Blockstream of spending only $1.5 million, or possibly no money at all, to provide security for $5 billion in assets.

In a new on-chain message, the group called on Blockstream to use its own funds to pay a bug bounty equal to 10% of the assets involved. It also warned that a refusal to pay would result in a 15% loss for holders.

The group also said it will disclose the private key used to decrypt its previous conversations with Blockstream.

Earlier, the group returned 3,400 BTC to the Liquid Federation. About 600 BTC have not yet been returned.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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