The attacker made a ransom demand. Blockstream's response was just one line: give the bitcoin back.
Liquid, the Bitcoin sidechain network built by Blockstream, recently suffered a security breach. According to public information, 600 BTC has yet to be recovered. The attacker demanded a ransom from Blockstream, offering to return part of the assets in exchange for certain conditions, but the offer was flatly rejected by the company. Blockstream publicly called on the attacker to simply return the bitcoin, with no room for negotiation.
Normal transaction functionality on the Liquid network has now resumed, allowing users to make on-chain transfers, but the cross-chain withdrawal mechanism, peg-out, remains disabled. Blockstream stated that this is because the team is still carrying out follow-up security recovery work. The timing of peg-out's reactivation is directly tied to progress in recovering the 600 BTC, though no official timeline for restoration has yet been announced.
As of press time, Blockstream has not provided further details on the specific method used in the attack or the initial scale of the losses. This article presents only the facts currently confirmed, with further details to be disclosed by official sources or relevant parties.
