Liquid Network Recovers Most Stolen Bitcoin, Still Missing $47 Million

White‑hat actors involved in the recent breach of the Liquid Network have returned 3,400 BTC out of the 4,000 BTC that were taken. The recovered coins represent the majority of the theft, but about $47 million worth of Bitcoin remains missing.

Recovery Progress

The returned 3,400 BTC were transferred back to the Liquid Network’s custodial accounts, reducing the net loss from the incident. The remaining 600 BTC have not yet been recovered.

Outstanding Amount

At current market prices, the unrecovered 600 BTC are valued at approximately $47 million. Ongoing discussions are reported to be taking place regarding the retrieval of the remaining funds.

Next Steps

• Liquid Network officials continue negotiations with the hackers to secure the rest of the stolen Bitcoin.
• Security reviews and enhancements are being prioritized to prevent future breaches.