Security· ★★★★· bearish·

Blockstream refuses to pay 600 BTC ransom to Liquid Network hackers

  • Hackers withdrew 4,000 BTC from Liquid Network, returned 3,400 BTC
  • They demand a 10% bounty from Blockstream's own funds
  • Blockstream refused to pay, calling the actions theft
Why it matters: A precedent for the market: refusing to pay a ransom could change bounty practices for returning stolen funds.
Source: CryptoHamster