‘Return the Bitcoin’: Blockstream Draws Line After 4,000 BTC Hack

Crypto Insight Summary: A group that drained nearly 4,000 BTC from Blockstream’s Liquid Network returned 3,400 BTC, kept about 598.5 BTC, demanded a 10% bounty, and warned L-BTC holders could face a 15% loss. Now Blockstream has answered with an unusually direct ultimatum: It will not pay. The company says taking the bitcoin was theft, not white-hat security […] Crypto Insight Analysis: Direction: Bearish L-BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: The hack and ultimatum create uncertainty for Liquid Network users, affecting L-BTC trust.