Liquid white hat hacker group demands Blockstream pay a 10% bug bounty on $5 billion in assets

According to Bitcoin News monitoring, the white hat hacker group behind the Liquid vulnerability exploitation incident accused Blockstream of spending only $1.5 million, or possibly not spending any funds at all, to secure assets worth $5 billion.

In a new on-chain message, the group demanded that Blockstream pay a bug bounty equivalent to 10% of the related assets using its own funds, warning that refusal to pay would result in a 15% loss for holders.

The group also stated that it would publish the private key used to decrypt previous conversations with Blockstream. Previously, the group had returned 3,400 BTC to the Liquid Federation, with approximately 600 BTC still not returned.